Eventide Large Cap Fund Manager Performance Evaluation
| ETLCX Fund | 15.01 0.07 0.47% |
The fund shows a Beta (market volatility) of 0.78, which means possible diversification benefits within a given portfolio. As returns on the market increase, Eventide Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eventide Large is expected to be smaller as well.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Eventide Large Cap are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Eventide Large is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Eventide Large Relative Risk vs. Return Landscape
If you would invest 1,428 in Eventide Large Cap on September 1, 2024 and sell it today you would earn a total of 73.00 from holding Eventide Large Cap or generate 5.11% return on investment over 90 days. Eventide Large Cap is currently producing 0.0804% returns and takes up 0.708% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Eventide, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Eventide Large Current Valuation
Fairly Valued
Today
Please note that Eventide Large's price fluctuation is very steady at this time. Eventide Large Cap shows a prevailing Real Value of USD14.89 per share. The current price of the fund is USD15.01. Our model computes the value of Eventide Large Cap from reviewing the entity technical indicators and probability of bankruptcy. In general, investors 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 Large is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Eventide Mutual Fund. However, Eventide Large'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 15.01 | Real 14.89 | Hype 15.01 | Naive 15.02 |
The intrinsic value of Eventide Large'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 Large'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 Large Cap 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 Large more accurately as focusing exclusively on Eventide Large's fundamentals will not take into account other important factors: Eventide Large Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eventide Large's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Eventide Large Cap, and traders can use it to determine the average amount a Eventide Large'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 = 0.1136
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| Cash | ETLCX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Eventide Large is performing at about 8% 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 Large by adding it to a well-diversified portfolio.
About Eventide Large Performance
Evaluating Eventide Large's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Eventide Large 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 Large 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.
The fund seeks to achieve its investment objective by primarily investing in a broad range of equity securities of large capitalization companies. Under normal market conditions, the fund invests at least 80 percent of its net assets in large capitalization companies. It may invest without limitation in securities in companies domiciled outside the United States either directly or through ADRs. The fund is non-diversified.Things to note about Eventide Large Cap performance evaluation
Checking the ongoing alerts about Eventide Large for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Eventide Large Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
- Analyzing Eventide Large'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 Large's stock is overvalued or undervalued compared to its peers.
- Examining Eventide Large'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 Large's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eventide Large's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Eventide Large's mutual fund. These opinions can provide insight into Eventide Large's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Eventide Mutual Fund
Eventide Large 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 Large security.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |