Eventide Healthcare Financials
| ETAHX Fund | USD 33.52 0.21 0.63% |
Eventide |
Please note that you must use caution to infer results of funds 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.
Eventide Healthcare Fund Summary
Eventide Healthcare competes with Blackrock Health, Baillie Gifford, Deutsche Health, Baron Health, and Live Oak. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity and equity-related securities of companies in the healthcare and life sciences sectors, including common stock, options, preferred stock and convertible debt. It may invest without limitation in securities of companies domiciled outside the United States either directly or through American Depositary Receipts . The fund may invest in securities of companies of any market capitalization.Specialization | Health, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US62827M4096 |
| Business Address | Mutual Fund Series |
| Mutual Fund Family | Eventide Funds |
| Mutual Fund Category | Health |
| Benchmark | Dow Jones Industrial |
| Phone | 877 771 3836 |
| Currency | USD - US Dollar |
Eventide Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eventide Healthcare's current stock value. Our valuation model uses many indicators to compare Eventide Healthcare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eventide Healthcare competition to find correlations between indicators driving Eventide Healthcare's intrinsic value. More Info.Eventide Healthcare Life is one of the top funds in price to earning among similar funds. It is rated # 2 fund in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Eventide Healthcare Life is roughly 11.66 . 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 Eventide Healthcare's earnings, one of the primary drivers of an investment's value.Eventide Healthcare Life Systematic Risk
Eventide Healthcare's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eventide Healthcare 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Eventide Healthcare Life correlated with the market. If Beta is less than 0 Eventide Healthcare generally moves in the opposite direction as compared to the market. If Eventide Healthcare Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eventide Healthcare Life is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eventide Healthcare is generally in the same direction as the market. If Beta > 1 Eventide Healthcare moves generally in the same direction as, but more than the movement of the benchmark.
Eventide Healthcare Thematic Clasifications
Eventide Healthcare Life is part of Healthcare 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 healthcare. Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations
This theme covers Funds investing in healthcare. Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. Get More Thematic Ideas
Eventide Healthcare Life is rated # 3 fund in net asset among similar funds. Total Asset Under Management (AUM) of Health category is currently estimated at about 10.08 Billion. Eventide Healthcare retains roughly 1.82 Billion in net asset claiming about 18% of all funds under Health category.| Healthcare Funds | View |
Eventide Healthcare November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Eventide Healthcare help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eventide Healthcare Life. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eventide Healthcare Life based on widely used predictive technical indicators. In general, we focus on analyzing Eventide Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eventide Healthcare's daily price indicators and compare them against related drivers.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.54 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 1.91 |
Other Information on Investing in Eventide Mutual Fund
Eventide Healthcare financial ratios help investors to determine whether Eventide Mutual 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 Eventide with respect to the benefits of owning Eventide Healthcare security.
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