Eventide Limited Term Bond Fund Manager Performance Evaluation
| ETNBX Fund | USD 10.01 0.01 0.10% |
The fund shows a Beta (market volatility) of -0.0281, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eventide Limited-term are expected to decrease at a much lower rate. During the bear market, Eventide Limited-term is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Eventide Limited Term Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental drivers, Eventide Limited-term is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.7500 |
Eventide |
Eventide Limited-term Relative Risk vs. Return Landscape
If you would invest 1,001 in Eventide Limited Term Bond on September 3, 2024 and sell it today you would earn a total of 0.00 from holding Eventide Limited Term Bond or generate 0.0% return on investment over 90 days. Eventide Limited Term Bond is currently producing 1.0E-4% returns and takes up 0.1376% volatility of returns over 90 trading days. Put another way, 1% 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 Limited-term Current Valuation
Overvalued
Today
Please note that Eventide Limited-term's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Eventide Limited Term shows a prevailing Real Value of $9.66 per share. The current price of the fund is $10.01. We determine the value of Eventide Limited Term 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 Limited-term is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Eventide Mutual Fund. However, Eventide Limited-term'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 10.01 | Real 9.66 | Hype 10.01 | Naive 10.02 |
The intrinsic value of Eventide Limited-term'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 Limited-term'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 Limited Term Bond 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 Limited-term more accurately as focusing exclusively on Eventide Limited-term's fundamentals will not take into account other important factors: Eventide Limited-term Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eventide Limited-term's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Eventide Limited Term Bond, and traders can use it to determine the average amount a Eventide Limited-term'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 = 7.0E-4
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ETNBX |
Estimated Market Risk
| 0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eventide Limited-term is not performing at its full potential. However, 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 Limited-term by adding Eventide Limited-term to a well-diversified portfolio.
Eventide Limited-term Fundamentals Growth
Eventide Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Eventide Limited-term, and Eventide Limited-term 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.
| Total Asset | 171.38 M | ||||
About Eventide Limited-term Performance
Evaluating Eventide Limited-term's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Eventide Limited-term 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 Limited-term 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 objective through investments in income-producing securities issued by entities deemed by the adviser to be serving well the needs of customers, employees, suppliers, communities, the environment, and society broadly. Under normal circumstances, the fund invests at least 80 percent of its net assets in bonds. Fixed income investments may be of any maturity, but the funds weighted average effective portfolio duration will not exceed five years.Things to note about Eventide Limited Term performance evaluation
Checking the ongoing alerts about Eventide Limited-term for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Eventide Limited Term 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 most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Eventide Limited-term'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 Limited-term's stock is overvalued or undervalued compared to its peers.
- Examining Eventide Limited-term'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 Limited-term's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eventide Limited-term's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Eventide Limited-term's mutual fund. These opinions can provide insight into Eventide Limited-term's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Eventide Mutual Fund
Eventide Limited-term 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 Limited-term security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |