MHESX Mutual Fund Financials

MHESX
 Fund
  

USD 5.26  0.03  0.57%   

Please make use of analysis of Mh Elite Select fundamentals to determine if markets are correctly pricing the entity. We are able to interpolate and collect fifteen available financial indicators for Mh Elite, which can be compared to its peers in the sector. Use Mh Elite Select price to book, five year return, as well as the relationship between the Five Year Return and bond positions weight to make sure your decision on pricing Mh Elite Select is adequate. Use Mh Elite to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The fund experiences a moderate downward daily trend and can be a good diversifier. Check odds of Mh Elite to be traded at $5.15 in 90 days.
  
With this module, you can analyze MHESX financials for your investing period. You should be able to track the changes in Mh Elite individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Mh Elite Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mh Elite's financial statements are interrelated, with each one affecting the others. For example, an increase in Mh Elite's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 1
Mh Elite Select has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Mh Elite mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Mh Elite's official financial statements usually reflect Mh Elite's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Mh Elite Select. For example, before you start analyzing numbers published by MHESX accountants, it's critical to develop an understanding of what Mh Elite's liquidity, profitability, and earnings quality are in the context of the MH Elite space in which it operates.
Please note that past performance is not an indicator of the future performance of Mh Elite, 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. .

Mh Elite Company Summary

The fund invests at least 80 percent of its total assets in 15 to 25 unaffiliated open-end mutual funds . Mh Elite is traded on NASDAQ Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNASDAQ Exchange
Business AddressMH ELITE PORTFOLIO
Mutual Fund FamilyMH Elite
Mutual Fund CategoryWorld Large-Stock Growth
BenchmarkDOW
Phone800 318 7969
CurrencyUSD - US Dollar

MHESX Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mh Elite's current stock value. Our valuation model uses many indicators to compare Mh Elite value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mh Elite competition to find correlations between indicators driving Mh Elite's intrinsic value. More Info.
Mh Elite Select is number one fund in ten year return among similar funds. It is number one fund in bond positions weight among similar funds creating about  3.51  of Bond Positions Weight per Ten Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mh Elite by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mh Elite'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 Mh Elite's earnings, one of the primary drivers of an investment's value.

Mh Elite Select Systematic Risk

Mh Elite's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mh Elite 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Mh Elite Select correlated with the market. If Beta is less than 0 Mh Elite generally moves in the opposite direction as compared to the market. If Mh Elite Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mh Elite Select is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mh Elite is generally in the same direction as the market. If Beta > 1 Mh Elite moves generally in the same direction as, but more than the movement of the benchmark.
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About Mh Elite Financials

What exactly are Mh Elite Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Mh Elite's income statement, its balance sheet, and the statement of cash flows. Potential Mh Elite investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Mh Elite investors may use each financial statement separately, they are all related. The changes in Mh Elite's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mh Elite'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. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Mh Elite is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of MHESX grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
Mh Elite Select is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of World Large-Stock Growth category is currently estimated at about 15.34 Million. Mh Elite totals roughly 7.67 Million in net asset claiming about 50% of World Large-Stock Growth category.

Mh Elite August 9, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mh Elite help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mh Elite Select. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mh Elite Select based on widely used predictive technical indicators. In general, we focus on analyzing MHESX Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mh Elite's daily price indicators and compare them against related drivers.
Information Ratio0.0124
Maximum Drawdown7.99
Value At Risk(2.50)
Potential Upside2.02
Additionally, see Stocks Correlation. Note that the Mh Elite Select information on this page should be used as a complementary analysis to other Mh Elite'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for MHESX Mutual Fund analysis

When running Mh Elite Select price analysis, check to measure Mh Elite's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mh Elite is operating at the current time. Most of Mh Elite's value examination focuses on studying past and present price action to predict the probability of Mh Elite's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mh Elite's price. Additionally, you may evaluate how the addition of Mh Elite to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mh Elite's value and its price as these two are different measures arrived at by different means. Investors typically determine Mh Elite value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mh Elite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.