Technology Munications Financials
| STPAX Fund | USD 21.41 0.07 0.33% |
Technology |
Please note that past performance is not an indicator of the future performance of Technology Munications, 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.
Technology Munications Fund Summary
Technology Munications competes with VHAI, VivoPower International, Exela Technologies, DigiAsia Corp, and Salient Alternative. The fund will normally invest at least 80 percent of its total assets in equity securities issued by technology and communications companies, both domestic and foreign, regardless of their stock market value . Equity securities include common stocks, preferred stocks, securities convertible into common stocks and warrants. The fund may invest up to 25 percent of its total assets in foreign companies.Specialization | Technology, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Saratoga Advantage Trust |
| Mutual Fund Family | Saratoga |
| Mutual Fund Category | Technology |
| Benchmark | NYSE Composite |
| Phone | 800 807 3863 |
| Currency | USD - US Dollar |
Technology Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Technology Munications's current stock value. Our valuation model uses many indicators to compare Technology Munications value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Technology Munications competition to find correlations between indicators driving Technology Munications's intrinsic value. More Info.Technology Munications Portfolio is rated top fund in price to earning among similar funds. It is rated top fund in price to book among similar funds fabricating about 0.18 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Technology Munications Portfolio is roughly 5.56 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Technology Munications by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Technology Munications' 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 Technology Munications' earnings, one of the primary drivers of an investment's value.Technology Munications Systematic Risk
Technology Munications' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Technology Munications 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.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Technology Munications correlated with the market. If Beta is less than 0 Technology Munications generally moves in the opposite direction as compared to the market. If Technology Munications Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Technology Munications is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Technology Munications is generally in the same direction as the market. If Beta > 1 Technology Munications moves generally in the same direction as, but more than the movement of the benchmark.
Technology Munications June 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Technology Munications help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Technology Munications Portfolio. We use our internally-developed statistical techniques to arrive at the intrinsic value of Technology Munications Portfolio based on widely used predictive technical indicators. In general, we focus on analyzing Technology Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Technology Munications's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.35 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.5 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Technology Munications Portfolio. 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 nation. Note that the Technology Munications information on this page should be used as a complementary analysis to other Technology Munications' 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.