Power Income Financials
| PWRIX Fund | USD 8.90 0.04 0.45% |
Power |
Please note that past performance is not an indicator of the future performance of Power Income, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Power Income Fund Summary
Power Income competes with Blackrock Strategic, Blackrock Strategic, Blackrock Strategic, Jpmorgan Strategic, and Jpmorgan Strategic. The fund invests in income-producing fixed income and alternative strategy exchange-traded funds . Fixed income ETFs may invest in non-investment grade fixed income securities, commonly known as high yield or junk bonds that are rated below Baa3 by Moodys Investors Service or similarly by another rating agency. It may also invest in ETFs that primarily invest in dividend-paying equity securities of U.S., foreign and emerging market issuers.Specialization | Nontraditional Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US66537V2786 |
| Business Address | Northern Lights |
| Mutual Fund Family | Donoghue Forlines LLC |
| Mutual Fund Category | Nontraditional Bond |
| Benchmark | NYSE Composite |
| Phone | 877 779 7462 |
| Currency | USD - US Dollar |
You should never invest in Power Income Fund without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Power Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Power Income's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Power Income Key Financial Ratios
Generally speaking, Power Income's financial ratios allow both analysts and investors to convert raw data from Power Income's financial statements into concise, actionable information that can be used to evaluate the performance of Power Income over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Power Income reports annually and quarterly.Power Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Power Income's current stock value. Our valuation model uses many indicators to compare Power Income value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Power Income competition to find correlations between indicators driving Power Income's intrinsic value. More Info.Power Income Fund is rated top fund in price to earning among similar funds. It is regarded third largest fund in price to book among similar funds fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Power Income Fund is roughly 16.91 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Power Income by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Power Income'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 Power Income's earnings, one of the primary drivers of an investment's value.Power Income Systematic Risk
Power Income's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Power Income volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Power Income correlated with the market. If Beta is less than 0 Power Income generally moves in the opposite direction as compared to the market. If Power Income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Power Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Power Income is generally in the same direction as the market. If Beta > 1 Power Income moves generally in the same direction as, but more than the movement of the benchmark.
Power Income May 16, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Power Income help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Power Income Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Power Income Fund based on widely used predictive technical indicators. In general, we focus on analyzing Power Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Power Income's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3409 | |||
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 1.35 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.339 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Income Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.