Medical Equipment And Fund Manager Performance Evaluation
| FSMEX Fund | USD 69.18 0.27 0.39% |
The fund secures a Beta (Market Risk) of 0.62, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Medical Equipment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Medical Equipment is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Medical Equipment And are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Medical Equipment is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of April 2023 | |
| Expense Ratio | 0.6500 |
Medical |
Medical Equipment Relative Risk vs. Return Landscape
If you would invest 6,624 in Medical Equipment And on September 3, 2024 and sell it today you would earn a total of 294.00 from holding Medical Equipment And or generate 4.44% return on investment over 90 days. Medical Equipment And is currently producing 0.071% returns and takes up 0.7948% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Medical, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Medical Equipment Current Valuation
Overvalued
Today
Please note that Medical Equipment's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Medical Equipment And secures a last-minute Real Value of $63.27 per share. The latest price of the fund is $69.18. We determine the value of Medical Equipment And from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Medical Equipment is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Medical Mutual Fund. However, Medical Equipment'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 69.18 | Real 63.27 | Hype 69.18 | Naive 69.62 |
The intrinsic value of Medical Equipment'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 Medical Equipment'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 Medical Equipment And helps investors to forecast how Medical 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 Medical Equipment more accurately as focusing exclusively on Medical Equipment's fundamentals will not take into account other important factors: Medical Equipment Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medical Equipment's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Medical Equipment And, and traders can use it to determine the average amount a Medical Equipment'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 = 0.0893
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| Cash | FSMEX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Medical Equipment is performing at about 7% 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 Medical Equipment by adding it to a well-diversified portfolio.
Medical Equipment Fundamentals Growth
Medical Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Medical Equipment, and Medical Equipment 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 Medical Mutual Fund performance.
| Price To Earning | 30.06 X | |||
| Price To Book | 2.59 X | |||
| Price To Sales | 3.85 X | |||
About Medical Equipment Performance
Evaluating Medical Equipment's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Medical Equipment 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 Medical Equipment 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 assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment, devices, and related technologies, companies enabling drug discovery, and companies providing information technology services primarily to health care providers. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. The fund is non-diversified.Things to note about Medical Equipment And performance evaluation
Checking the ongoing alerts about Medical Equipment for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Medical Equipment And 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 -4.0% | |
| Medical Equipment And retains 98.24% of its assets under management (AUM) in equities |
- Analyzing Medical Equipment'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 Medical Equipment's stock is overvalued or undervalued compared to its peers.
- Examining Medical Equipment'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 Medical Equipment's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Medical Equipment's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Medical Equipment's mutual fund. These opinions can provide insight into Medical Equipment's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Medical Mutual Fund
Medical Equipment financial ratios help investors to determine whether Medical 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 Medical with respect to the benefits of owning Medical Equipment security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |