Williston Basinmid North America Fund Manager Performance Evaluation
| ICPUX Fund | USD 6.26 0.03 0.48% |
The entity maintains a market beta of 0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Williston Basin/mid-north's returns are expected to increase less than the market. However, during the bear market, the loss of holding Williston Basin/mid-north is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Williston Basinmid North America are ranked lower than 15 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Williston Basin/mid-north showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 30th of November 2022 | |
| Expense Ratio | 2.0000 |
Williston |
Williston Basin/mid-north Relative Risk vs. Return Landscape
If you would invest 549.00 in Williston Basinmid North America on September 1, 2024 and sell it today you would earn a total of 77.00 from holding Williston Basinmid North America or generate 14.03% return on investment over 90 days. Williston Basinmid North America is currently producing 0.2111% returns and takes up 1.0877% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Williston, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Williston Basin/mid-north Current Valuation
Fairly Valued
Today
Please note that Williston Basin/mid-north's price fluctuation is not too volatile at this time. At this time, the fund appears to be fairly valued. Williston Basin/mid-north maintains a prevalent Real Value of $6.35 per share. The last-minute price of the fund is $6.26. We determine the value of Williston Basin/mid-north from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will grow together.
Since Williston Basin/mid-north is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Williston Mutual Fund. However, Williston Basin/mid-north'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 6.26 | Real 6.35 | Hype 6.26 | Naive 6.12 |
The intrinsic value of Williston Basin/mid-north'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 Williston Basin/mid-north'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 Williston Basinmid North America helps investors to forecast how Williston 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 Williston Basin/mid-north more accurately as focusing exclusively on Williston Basin/mid-north's fundamentals will not take into account other important factors: Williston Basin/mid-north Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Williston Basin/mid-north's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Williston Basinmid North America, and traders can use it to determine the average amount a Williston Basin/mid-north'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 = 0.1941
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ICPUX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Williston Basin/mid-north is performing at about 15% 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 Williston Basin/mid-north by adding it to a well-diversified portfolio.
Williston Basin/mid-north Fundamentals Growth
Williston Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Williston Basin/mid-north, and Williston Basin/mid-north 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 Williston Mutual Fund performance.
| Total Asset | 6.16 M | ||||
About Williston Basin/mid-north Performance
Evaluating Williston Basin/mid-north's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Williston Basin/mid-north 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 Williston Basin/mid-north 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 in the stock of domestic and foreign issuers that are participating or benefitting from the development of the resources in the Mid-North America area. It may invest in companies of any size. The companies in which the fund invests may include smaller companies that have recently commenced operations and do not have significant revenues.Things to note about Williston Basin/mid-north performance evaluation
Checking the ongoing alerts about Williston Basin/mid-north for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Williston Basin/mid-north 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-2.0 ten year return of -2.0% | |
| Williston Basin/mid-north retains all of its assets under management (AUM) in equities |
- Analyzing Williston Basin/mid-north'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 Williston Basin/mid-north's stock is overvalued or undervalued compared to its peers.
- Examining Williston Basin/mid-north'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 Williston Basin/mid-north's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Williston Basin/mid-north's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Williston Basin/mid-north's mutual fund. These opinions can provide insight into Williston Basin/mid-north's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Williston Mutual Fund
Williston Basin/mid-north financial ratios help investors to determine whether Williston 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 Williston with respect to the benefits of owning Williston Basin/mid-north security.
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