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Advent Claymore Convertible Fund Return On Asset

AVK Fund  USD 12.17  0.13  1.06%   
Advent Claymore's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Advent Fund price.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Advent Claymore Convertible Fund Return On Asset Analysis

Advent Claymore's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Advent Claymore Return On Asset

    
  1.09  
Most of Advent Claymore's fundamental indicators, such as Return On Asset, 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, Advent Claymore Convertible is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Advent Claymore Convertible has a Return On Asset of 1.09. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The return on asset for all United States funds is notably lower than that of the firm.

Advent Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Advent Claymore's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Advent Claymore could also be used in its relative valuation, which is a method of valuing Advent Claymore by comparing valuation metrics of similar companies.
Advent Claymore is currently under evaluation in return on asset among similar funds.

Advent Fundamentals

About Advent Claymore Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Advent Claymore Convertible's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advent Claymore using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advent Claymore Convertible based on its fundamental data. In general, a quantitative approach, as applied to this 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.

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Other Information on Investing in Advent Fund

Advent Claymore financial ratios help investors to determine whether Advent Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Advent with respect to the benefits of owning Advent Claymore security.
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