Extended Market Financials
| USMIX Fund | USD 20.88 0.28 1.36% |
Extended |
Please note that past performance is not an indicator of the future performance of Extended Market, 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.
Extended Market Fund Summary
Extended Market competes with Vanguard Mid-cap, Vanguard Mid-cap, Vanguard Mid-cap, Vanguard Mid-cap, and Vanguard Extended. The funds principal investment strategy is, under normal market conditions, to invest at least 80 percent of its assets in securities or other financial instruments of companies that are components of, or have economic characteristics similar to, the securities included in the index. The index is a market cap-weighted index consisting of the small and mid-cap companies in the U.S. equity market.Specialization | Mid-Cap Blend, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US9032888276 |
| Business Address | Usaa Mutual Funds |
| Mutual Fund Family | Victory Capital |
| Mutual Fund Category | Mid-Cap Blend |
| Benchmark | NYSE Composite |
| Phone | 800 235 8396 |
| Currency | USD - US Dollar |
Extended Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Extended Market's current stock value. Our valuation model uses many indicators to compare Extended Market value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Extended Market competition to find correlations between indicators driving Extended Market's intrinsic value. More Info.Extended Market Index is presently regarded as number one fund in price to earning among similar funds. It is rated below average in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Extended Market Index is roughly 10.01 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Extended Market by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Extended Market'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 Extended Market's earnings, one of the primary drivers of an investment's value.Extended Market Index Systematic Risk
Extended Market's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Extended Market 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Extended Market Index correlated with the market. If Beta is less than 0 Extended Market generally moves in the opposite direction as compared to the market. If Extended Market Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Extended Market Index is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Extended Market is generally in the same direction as the market. If Beta > 1 Extended Market moves generally in the same direction as, but more than the movement of the benchmark.
Extended Market Thematic Clasifications
Extended Market Index is part of Market Neutral Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in market neutral instruments. Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time
This theme covers Funds investing in market neutral instruments. Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. Get More Thematic Ideas
Extended Market Index is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Mid-Cap Blend category is currently estimated at about 852.78 Billion. Extended Market adds roughly 723.76 Million in net asset claiming only tiny portion of funds under Mid-Cap Blend category.| Market Neutral Funds | View |
Extended Market May 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Extended Market help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Extended Market Index. We use our internally-developed statistical techniques to arrive at the intrinsic value of Extended Market Index based on widely used predictive technical indicators. In general, we focus on analyzing Extended Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Extended Market's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.23 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.45 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 1.7 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Extended Market Index. 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 gross domestic product. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.