Ginnie Mae Financial Statements From 2010 to 2024
| BGNAX Fund | USD 8.59 0.03 0.35% |
Check Ginnie Mae financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ginnie main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Ginnie financial statements analysis is a perfect complement when working with Ginnie Mae Valuation or Volatility modules.
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Ginnie Mae Fund Mutual Fund Three Year Return Analysis
Ginnie Mae's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Ginnie Mae Three Year Return | (4.41) % |
Most of Ginnie Mae's fundamental indicators, such as Three 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, Ginnie Mae Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Ginnie Mae Three Year Return Component Assessment
Based on the latest financial disclosure, Ginnie Mae Fund has a Three Year Return of -4.4059%. This is 273.46% lower than that of the Category family and 223.59% lower than that of the Family category. The three year return for all United States funds is notably higher than that of the company.
Ginnie Mae Fund Fundamental Drivers 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.About Ginnie Mae Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ginnie Mae income statement, its balance sheet, and the statement of cash flows. Ginnie Mae investors use historical funamental indicators, such as Ginnie Mae's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ginnie Mae investors may use each financial statement separately, they are all related. The changes in Ginnie Mae's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ginnie Mae'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 Ginnie Mae Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ginnie Mae. Please read more on our technical analysis and fundamental analysis pages.
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ginnie Mae in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ginnie Mae's short interest history, or implied volatility extrapolated from Ginnie Mae options trading.
Pair Trading with Ginnie Mae
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ginnie Mae position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ginnie Mae will appreciate offsetting losses from the drop in the long position's value.Moving together with Ginnie Mutual Fund
| 0.99 | CDBCX | Diversified Bond | PairCorr |
The ability to find closely correlated positions to Ginnie Mae could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ginnie Mae when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ginnie Mae - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ginnie Mae Fund to buy it.
The correlation of Ginnie Mae is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ginnie Mae moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ginnie Mae Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ginnie Mae can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Ginnie Mae Correlation against competitors. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.