Cornerstone Equity Financials
| UCEQX Fund | USD 16.46 0.18 1.11% |
Cornerstone |
Please note that past performance is not an indicator of the future performance of Cornerstone Equity, 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.
Cornerstone Equity Fund Summary
Cornerstone Equity competes with International Fund, Emerging Markets, Science Technology, Aggressive Growth, and Growth Income. The fund invests at least 80 percent of its assets in a selection of affiliated mutual funds and exchange-traded funds that invest primarily in equity securities. The underlying affiliated funds consist of a long-term target asset allocation in equity securities. This is often referred to as a fund-of-funds investment strategy.Specialization | World Large-Stock Blend, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US9032882725 |
| Business Address | Usaa Mutual Funds |
| Mutual Fund Family | Victory Capital |
| Mutual Fund Category | World Large-Stock Blend |
| Benchmark | NYSE Composite |
| Phone | 800 531 8722 |
| Currency | USD - US Dollar |
Cornerstone Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cornerstone Equity's current stock value. Our valuation model uses many indicators to compare Cornerstone Equity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cornerstone Equity competition to find correlations between indicators driving Cornerstone Equity's intrinsic value. More Info.Cornerstone Equity Fund is presently regarded as number one fund in price to earning among similar funds. It is presently regarded as number one fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Cornerstone Equity Fund is roughly 9.14 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Cornerstone Equity by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cornerstone Equity'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 Cornerstone Equity's earnings, one of the primary drivers of an investment's value.Cornerstone Equity Systematic Risk
Cornerstone Equity's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cornerstone Equity 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Cornerstone Equity correlated with the market. If Beta is less than 0 Cornerstone Equity generally moves in the opposite direction as compared to the market. If Cornerstone Equity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cornerstone Equity is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cornerstone Equity is generally in the same direction as the market. If Beta > 1 Cornerstone Equity moves generally in the same direction as, but more than the movement of the benchmark.
Cornerstone Equity April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cornerstone Equity help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cornerstone Equity Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cornerstone Equity Fund based on widely used predictive technical indicators. In general, we focus on analyzing Cornerstone Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cornerstone Equity's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6523 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.05 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 0.9798 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cornerstone Equity 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 producer price index. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..