1290 Smartbeta Equity Fund Cash Position Weight
| TNBAX Fund | USD 17.41 0.17 0.99% |
1290 Smartbeta Equity fundamentals help investors to digest information that contributes to 1290 Smartbeta's financial success or failures. It also enables traders to predict the movement of 1290 Mutual Fund. The fundamental analysis module provides a way to measure 1290 Smartbeta'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 1290 Smartbeta mutual fund.
1290 |
1290 Smartbeta Equity Mutual Fund Cash Position Weight Analysis
1290 Smartbeta's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Current 1290 Smartbeta Cash Position Weight | 2.04 % |
Most of 1290 Smartbeta's fundamental indicators, such as Cash Position Weight, 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, 1290 Smartbeta Equity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
| Competition |
In accordance with the recently published financial statements, 1290 Smartbeta Equity has 2.04% in Cash Position Weight. This is much higher than that of the 1290 Funds family and significantly higher than that of the World Large-Stock Blend category. The cash position weight for all United States funds is notably lower than that of the firm.
1290 Cash Position Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 1290 Smartbeta's direct or indirect competition against its Cash Position Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of 1290 Smartbeta could also be used in its relative valuation, which is a method of valuing 1290 Smartbeta by comparing valuation metrics of similar companies.1290 Smartbeta is rated fourth largest fund in cash position weight among similar funds.
Fund Asset Allocation for 1290 Smartbeta
The fund consists of 97.96% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides 1290 Smartbeta'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.
1290 Fundamentals
| Price To Earning | 17.85 X | ||||
| Price To Book | 2.88 X | ||||
| Price To Sales | 1.70 X | ||||
| Total Asset | 114.64 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 4.24 % | ||||
| One Year Return | 16.08 % | ||||
| Three Year Return | 5.16 % | ||||
| Five Year Return | 9.21 % | ||||
| Net Asset | 18.53 M | ||||
| Minimum Initial Investment | 1 K | ||||
| Last Dividend Paid | 0.08 | ||||
| Cash Position Weight | 2.04 % | ||||
| Equity Positions Weight | 97.96 % |
About 1290 Smartbeta Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 1290 Smartbeta Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 1290 Smartbeta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 1290 Smartbeta Equity 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.
Currently Active Assets on Macroaxis
| LAAC | Lithium Americas Corp | |
| F | Ford Motor | |
| CHPT | ChargePoint Holdings | |
| AXL | American Axle Manufacturing | |
| ICLN | iShares Global Clean |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1290 Smartbeta Equity. 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 1290 Smartbeta Equity information on this page should be used as a complementary analysis to other 1290 Smartbeta'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.