Free Market Equity Fund Manager Performance Evaluation
| FMUEX Fund | USD 26.61 0.05 0.19% |
The fund shows a Beta (market volatility) of 1.26, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Free Market will likely underperform.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Free Market Equity are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Free Market may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio | 0.7800 |
Free |
Free Market Relative Risk vs. Return Landscape
If you would invest 2,411 in Free Market Equity on August 31, 2024 and sell it today you would earn a total of 250.00 from holding Free Market Equity or generate 10.37% return on investment over 90 days. Free Market Equity is currently producing 0.1618% returns and takes up 1.0176% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Free, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Free Market Current Valuation
Fairly Valued
Today
Please note that Free Market's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Free Market Equity shows a prevailing Real Value of $26.24 per share. The current price of the fund is $26.61. We determine the value of Free Market Equity 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 Free Market is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Free Mutual Fund. However, Free Market'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 26.61 | Real 26.24 | Hype 26.61 |
The intrinsic value of Free Market'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 Free Market'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 Free Market Equity helps investors to forecast how Free 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 Free Market more accurately as focusing exclusively on Free Market's fundamentals will not take into account other important factors: Free Market Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Free Market's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Free Market Equity, and traders can use it to determine the average amount a Free Market'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 = 0.159
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FMUEX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Free Market is performing at about 12% 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 Free Market by adding it to a well-diversified portfolio.
Free Market Fundamentals Growth
Free Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Free Market, and Free Market 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 Free Mutual Fund performance.
| Price To Earning | 17.40 X | ||||
| Price To Book | 1.62 X | ||||
| Price To Sales | 0.95 X | ||||
| Total Asset | 3.8 B | ||||
About Free Market Performance
Evaluating Free Market's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Free Market 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 Free Market 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 normally invests at least 80 percent of its net assets, including any borrowings for investment purposes, in shares of registered, open-end investment companies and exchange-traded funds that have either adopted policies to invest at least 80 percent of their assets in equity securities, such as common stocks, preferred stocks or securities convertible into stocks, of U.S. companies, or invest substantially all of their assets in such equity securities. It will diversify its investments by investing primarily in investment companies focusing on different segments of the equity markets.Things to note about Free Market Equity performance evaluation
Checking the ongoing alerts about Free Market for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Free Market Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: B of A Securities Upgrades Rocket Companies - MSN | |
| The fund retains 93.53% of its assets under management (AUM) in equities |
- Analyzing Free Market'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 Free Market's stock is overvalued or undervalued compared to its peers.
- Examining Free Market'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 Free Market's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Free Market's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Free Market's mutual fund. These opinions can provide insight into Free Market's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Free Mutual Fund
Free Market financial ratios help investors to determine whether Free 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 Free with respect to the benefits of owning Free Market security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |