Morningstar Income And Fund Manager Performance Evaluation
| IETFX Fund | USD 10.85 0.05 0.46% |
The fund secures a Beta (Market Risk) of 0.3, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Morningstar Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Morningstar Income is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Morningstar Income And are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Morningstar Income 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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| Expense Ratio | 0.0400 |
Morningstar |
Morningstar Income Relative Risk vs. Return Landscape
If you would invest 1,056 in Morningstar Income And on September 1, 2024 and sell it today you would earn a total of 29.00 from holding Morningstar Income And or generate 2.75% return on investment over 90 days. Morningstar Income And is currently producing 0.0428% returns and takes up 0.3218% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Morningstar, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Morningstar Income Current Valuation
Fairly Valued
Today
Please note that Morningstar Income's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Morningstar Income And secures a last-minute Real Value of $10.81 per share. The latest price of the fund is $10.85. We determine the value of Morningstar Income 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 Morningstar Income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Morningstar Mutual Fund. However, Morningstar Income'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 10.85 | Real 10.81 | Hype 10.85 | Naive 10.88 |
The intrinsic value of Morningstar Income'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 Morningstar Income'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 Morningstar Income And helps investors to forecast how Morningstar 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 Morningstar Income more accurately as focusing exclusively on Morningstar Income's fundamentals will not take into account other important factors: Morningstar Income Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Morningstar Income's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Morningstar Income And, and traders can use it to determine the average amount a Morningstar Income'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 = 0.1332
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Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Morningstar Income is performing at about 10% 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 Morningstar Income by adding it to a well-diversified portfolio.
Morningstar Income Fundamentals Growth
Morningstar Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Morningstar Income, and Morningstar Income 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 Morningstar Mutual Fund performance.
About Morningstar Income Performance
Evaluating Morningstar Income's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Morningstar Income 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 Morningstar Income 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.
Morningstar Income is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Morningstar Income And performance evaluation
Checking the ongoing alerts about Morningstar Income for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Morningstar Income 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 retains about 5.49% of its assets under management (AUM) in cash |
- Analyzing Morningstar Income'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 Morningstar Income's stock is overvalued or undervalued compared to its peers.
- Examining Morningstar Income'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 Morningstar Income's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Morningstar Income's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Morningstar Income's mutual fund. These opinions can provide insight into Morningstar Income's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Morningstar Mutual Fund
Morningstar Income financial ratios help investors to determine whether Morningstar 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 Morningstar with respect to the benefits of owning Morningstar Income security.
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