Ginnie Mae Financials
| BGNAX Fund | USD 8.61 0.04 0.46% |
Ginnie |
Please note that past performance is not an indicator of the future performance of Ginnie Mae, 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.
Ginnie Mae Fund Summary
Ginnie Mae competes with Inflation Adjusted, Ginnie Mae, Short Term, Diversified Bond, and Balanced Fund. Under normal market conditions, the fund invests at least 80 percent of its net assets in securities issued by the Government National Mortgage Association . GNMA certificates represent interests in pools of mortgage loans and in the cash flows from these loans. To generate additional income, the fund may purchase securities, including mortgage dollar rolls, in advance through when-issued and forward commitment transactions. It may commit up to 35 percent of its total assets to such transactions.Specialization | Intermediate Government, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | AMERICAN CENTURY GOVERNMENT |
| Mutual Fund Family | American Century Investments |
| Mutual Fund Category | Intermediate Government |
| Benchmark | NYSE Composite |
| Phone | 800 345 2021 |
| Currency | USD - US Dollar |
You should never invest in Ginnie Mae 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 Ginnie Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Ginnie Mae'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.
Ginnie Mae Key Financial Ratios
Generally speaking, Ginnie Mae's financial ratios allow both analysts and investors to convert raw data from Ginnie Mae's financial statements into concise, actionable information that can be used to evaluate the performance of Ginnie Mae 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 Ginnie Mae Fund reports annually and quarterly.Ginnie Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ginnie Mae's current stock value. Our valuation model uses many indicators to compare Ginnie Mae value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ginnie Mae competition to find correlations between indicators driving Ginnie Mae's intrinsic value. More Info.Ginnie Mae Fund is the top fund in annual yield among similar funds. It is the top fund in year to date return among similar funds creating about 864.85 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ginnie Mae by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ginnie Mae'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 Ginnie Mae's earnings, one of the primary drivers of an investment's value.Ginnie Mae Fund Systematic Risk
Ginnie Mae's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ginnie Mae 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Ginnie Mae Fund correlated with the market. If Beta is less than 0 Ginnie Mae generally moves in the opposite direction as compared to the market. If Ginnie Mae Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ginnie Mae Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ginnie Mae is generally in the same direction as the market. If Beta > 1 Ginnie Mae moves generally in the same direction as, but more than the movement of the benchmark.
Ginnie Mae April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ginnie Mae help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ginnie Mae Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ginnie Mae Fund based on widely used predictive technical indicators. In general, we focus on analyzing Ginnie Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ginnie Mae's daily price indicators and compare them against related drivers.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 2.04 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 0.5741 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ginnie Mae 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 nation. Note that the Ginnie Mae Fund information on this page should be used as a complementary analysis to other Ginnie Mae'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.