Eventide Gilead Fund Manager Performance Evaluation
| ETILX Fund | USD 55.71 0.15 0.27% |
The fund shows a Beta (market volatility) of 1.05, which means a somewhat significant risk relative to the market. Eventide Gilead returns are very sensitive to returns on the market. As the market goes up or down, Eventide Gilead is expected to follow.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Eventide Gilead Fund are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak essential indicators, Eventide Gilead may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio Date | 1st of November 2022 | |
| Expense Ratio | 1.1600 |
Eventide |
Eventide Gilead Relative Risk vs. Return Landscape
If you would invest 5,038 in Eventide Gilead Fund on September 1, 2024 and sell it today you would earn a total of 533.00 from holding Eventide Gilead Fund or generate 10.58% return on investment over 90 days. Eventide Gilead Fund is currently producing 0.1643% returns and takes up 0.9633% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Eventide, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Eventide Gilead Current Valuation
Fairly Valued
Today
Please note that Eventide Gilead's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Eventide Gilead shows a prevailing Real Value of $54.9 per share. The current price of the fund is $55.71. We determine the value of Eventide Gilead from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Eventide Gilead is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Eventide Mutual Fund. However, Eventide Gilead's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 55.71 | Real 54.9 | Hype 55.71 | Naive 56.71 |
The intrinsic value of Eventide Gilead's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Eventide Gilead's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Eventide Gilead Fund helps investors to forecast how Eventide mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Eventide Gilead more accurately as focusing exclusively on Eventide Gilead's fundamentals will not take into account other important factors: Eventide Gilead Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eventide Gilead's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Eventide Gilead Fund, and traders can use it to determine the average amount a Eventide Gilead's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1706
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ETILX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Eventide Gilead is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eventide Gilead by adding it to a well-diversified portfolio.
Eventide Gilead Fundamentals Growth
Eventide Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Eventide Gilead, and Eventide Gilead fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eventide Mutual Fund performance.
| Price To Earning | 21.97 X | ||||
| Price To Book | 2.88 X | ||||
| Price To Sales | 1.36 X | ||||
| Total Asset | 2.67 B | ||||
About Eventide Gilead Performance
Evaluating Eventide Gilead's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Eventide Gilead has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Eventide Gilead has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Normally, the fund invests primarily in a broad range of equity securities of any market capitalization. It may invest without limitation in securities in companies domiciled outside the United States either directly or through ADRs. From time to time, the fund may invest a substantial portion of its assets in the stock of companies in one or more sectors of the economy, such as the technology, industrial, healthcare and life sciences sectors.Things to note about Eventide Gilead performance evaluation
Checking the ongoing alerts about Eventide Gilead for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Eventide Gilead help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -6.0% | |
| Eventide Gilead retains 95.21% of its assets under management (AUM) in equities |
- Analyzing Eventide Gilead's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eventide Gilead's stock is overvalued or undervalued compared to its peers.
- Examining Eventide Gilead's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Eventide Gilead's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eventide Gilead's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Eventide Gilead's mutual fund. These opinions can provide insight into Eventide Gilead's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Eventide Mutual Fund
Eventide Gilead 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 Gilead security.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |