Global Hard Assets Fund Fundamentals
| GHAAX Fund | USD 41.01 0.17 0.42% |
Global Hard Assets fundamentals help investors to digest information that contributes to Global Hard's financial success or failures. It also enables traders to predict the movement of Global Mutual Fund. The fundamental analysis module provides a way to measure Global Hard's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Global Hard mutual fund.
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Global Hard Assets Mutual Fund Price To Sales Analysis
Global Hard's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Global Hard Price To Sales | 1.64 X |
Most of Global Hard's fundamental indicators, such as Price To Sales, 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, Global Hard Assets is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, Global Hard Assets has a Price To Sales of 1.64 times. This is much higher than that of the VanEck family and significantly higher than that of the Natural Resources category. The price to sales for all United States funds is notably lower than that of the firm.
Global Hard Assets Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Global Hard's current stock value. Our valuation model uses many indicators to compare Global Hard value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Global Hard competition to find correlations between indicators driving Global Hard's intrinsic value. More Info.Global Hard Assets is one of the top funds in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Global Hard Assets is roughly 19.61 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Global Hard by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Global Hard'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 Global Hard's earnings, one of the primary drivers of an investment's value.Did you try this?
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Fund Asset Allocation for Global Hard
The fund consists of 96.4% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Global Hard's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Global Fundamentals
| Price To Earning | 32.35 X | ||||
| Price To Book | 1.65 X | ||||
| Price To Sales | 1.64 X | ||||
| Total Asset | 119.91 M | ||||
| Annual Yield | 0.02 % | ||||
| Year To Date Return | 3.93 % | ||||
| One Year Return | 1.01 % | ||||
| Three Year Return | 3.92 % | ||||
| Five Year Return | 7.39 % | ||||
| Ten Year Return | (5.07) % | ||||
| Net Asset | 791.36 M | ||||
| Last Dividend Paid | 0.18 | ||||
| Cash Position Weight | 3.60 % | ||||
| Equity Positions Weight | 96.40 % |
About Global Hard Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global Hard Assets's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Hard using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Hard Assets based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Under normal conditions, the fund invests at least 80 percent of its net assets in securities of global resource companies and instruments that derive their value from global resources. Global resources include precious metals , base and industrial metals, energy, natural resources and other commodities. A global resource company is a company that derives, directly or indirectly, at least 50 percent of its revenues from exploration, development, production, distribution or facilitation of processes relating to global resources.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Hard Assets. 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 Global Hard Assets information on this page should be used as a complementary analysis to other Global Hard'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.