Midas Fund Midas Fund Manager Performance Evaluation
| MIDSX Fund | USD 1.29 0.03 2.27% |
The fund secures a Beta (Market Risk) of 0.0217, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Midas Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Midas Fund is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Midas Fund Midas are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Midas Fund may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio Date | 28th of April 2023 | |
| Expense Ratio | 5.1100 |
Midas |
Midas Fund Relative Risk vs. Return Landscape
If you would invest 121.00 in Midas Fund Midas on September 4, 2024 and sell it today you would earn a total of 8.00 from holding Midas Fund Midas or generate 6.61% return on investment over 90 days. Midas Fund Midas is currently producing 0.1199% returns and takes up 2.0026% volatility of returns over 90 trading days. Put another way, 17% of traded mutual funds are less volatile than Midas, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Midas Fund Current Valuation
Overvalued
Today
Please note that Midas Fund's price fluctuation is very risky at this time. Today, the fund appears to be overvalued. Midas Fund Midas secures a last-minute Real Value of $1.2 per share. The latest price of the fund is $1.29. We determine the value of Midas Fund Midas 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 Midas Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Midas Mutual Fund. However, Midas Fund'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 1.29 | Real 1.2 | Hype 1.29 | Naive 1.44 |
The intrinsic value of Midas Fund'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 Midas Fund'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 Midas Fund Midas helps investors to forecast how Midas 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 Midas Fund more accurately as focusing exclusively on Midas Fund's fundamentals will not take into account other important factors: Midas Fund Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Midas Fund's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Midas Fund Midas, and traders can use it to determine the average amount a Midas Fund'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 = 0.0599
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | MIDSX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Midas Fund is performing at about 4% 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 Midas Fund by adding it to a well-diversified portfolio.
Midas Fund Fundamentals Growth
Midas Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Midas Fund, and Midas Fund 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 Midas Mutual Fund performance.
| Price To Earning | 6.32 X | ||||
| Price To Book | 1.37 X | ||||
| Price To Sales | 2.27 X | ||||
About Midas Fund Performance
Evaluating Midas Fund's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Midas Fund 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 Midas Fund 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.
In pursuit of its investment objectives, the fund invests at least 65 percent of its total assets in securities of companies primarily involved, directly or indirectly, in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum, other precious metals, or other natural resources and gold, silver, and platinum bullion and coins. The fund is non-diversified.Things to note about Midas Fund Midas performance evaluation
Checking the ongoing alerts about Midas Fund for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Midas Fund Midas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Midas Fund Midas may become a speculative penny stock | |
| The fund generated-9.0 ten year return of -9.0% | |
| Midas Fund Midas maintains 91.08% of its assets in stocks |
- Analyzing Midas Fund'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 Midas Fund's stock is overvalued or undervalued compared to its peers.
- Examining Midas Fund'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 Midas Fund's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Midas Fund's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Midas Fund's mutual fund. These opinions can provide insight into Midas Fund's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Midas Mutual Fund
Midas Fund financial ratios help investors to determine whether Midas 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 Midas with respect to the benefits of owning Midas Fund security.
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