Profunds Money Fund Year To Date Return
MPIXX Fund | 1.00 0.00 0.00% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Profunds Money's long-term financial health and intrinsic value.
Profunds |
Profunds Money Money Market Fund Year To Date Return Analysis
Profunds Money's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Based on the company's disclosures, Profunds Money has a Year To Date Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Year To Date Return (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Profunds Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Profunds Money's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the money market funds which would be a good addition to a portfolio. Peer analysis of Profunds Money could also be used in its relative valuation, which is a method of valuing Profunds Money by comparing valuation metrics of similar companies.Profunds Money is currently under evaluation in year to date return among similar funds.
About Profunds Money Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Profunds Money's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Profunds Money using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Profunds Money based on its fundamental data. In general, a quantitative approach, as applied to this money market 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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Profunds Money financial ratios help investors to determine whether Profunds Money Market 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 Profunds with respect to the benefits of owning Profunds Money security.
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