Morningstar Growth Financial Statements From 2010 to 2024
| GETFX Fund | USD 12.16 0.01 0.08% |
Check Morningstar Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Morningstar main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Morningstar financial statements analysis is a perfect complement when working with Morningstar Growth Valuation or Volatility modules.
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Morningstar Growth Etf Mutual Fund One Year Return Analysis
Morningstar Growth's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Morningstar Growth One Year Return | (0.46) % |
Most of Morningstar Growth's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Morningstar Growth Etf is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Morningstar Growth Etf has an One Year Return of -0.46%. This is 145.54% lower than that of the Category family and 145.42% lower than that of the Family category. The one year return for all United States funds is 111.08% higher than that of the company.
Morningstar Growth Etf Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Morningstar Growth's current stock value. Our valuation model uses many indicators to compare Morningstar Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Morningstar Growth competition to find correlations between indicators driving Morningstar Growth's intrinsic value. More Info.Morningstar Growth Etf is one of the top funds in annual yield among similar funds. It is one of the top funds in year to date return among similar funds creating about 14.64 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Morningstar Growth by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Morningstar Growth's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Morningstar Growth's earnings, one of the primary drivers of an investment's value.About Morningstar Growth Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Morningstar Growth income statement, its balance sheet, and the statement of cash flows. Morningstar Growth investors use historical funamental indicators, such as Morningstar Growth's revenue or net income, to determine how well the company is positioned to perform in the future. Although Morningstar Growth investors may use each financial statement separately, they are all related. The changes in Morningstar Growth's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Morningstar Growth's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Morningstar Growth Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Morningstar Growth. Please read more on our technical analysis and fundamental analysis pages.
Morningstar Growth is entity of United States. It is traded as Fund on NMFQS exchange.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out the analysis of Morningstar Growth Correlation against competitors. Note that the Morningstar Growth Etf information on this page should be used as a complementary analysis to other Morningstar Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.