Meridian Small Cap Fund Manager Performance Evaluation
| MSGRX Fund | USD 14.43 0.02 0.14% |
The fund secures a Beta (Market Risk) of 1.11, which conveys a somewhat significant risk relative to the market. Meridian Small returns are very sensitive to returns on the market. As the market goes up or down, Meridian Small is expected to follow.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Meridian Small Cap are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Meridian Small may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio | 1.1100 |
Meridian |
Meridian Small Relative Risk vs. Return Landscape
If you would invest 1,310 in Meridian Small Cap on September 1, 2024 and sell it today you would earn a total of 133.00 from holding Meridian Small Cap or generate 10.15% return on investment over 90 days. Meridian Small Cap is currently producing 0.1558% returns and takes up 0.9668% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Meridian, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Meridian Small Current Valuation
Fairly Valued
Today
Please note that Meridian Small's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Meridian Small Cap secures a last-minute Real Value of $14.24 per share. The latest price of the fund is $14.43. We determine the value of Meridian Small Cap 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 Meridian Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Meridian Mutual Fund. However, Meridian Small'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 14.43 | Real 14.24 | Hype 14.43 | Naive 14.49 |
The intrinsic value of Meridian Small'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 Meridian Small'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 Meridian Small Cap helps investors to forecast how Meridian 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 Meridian Small more accurately as focusing exclusively on Meridian Small's fundamentals will not take into account other important factors: Meridian Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meridian Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Meridian Small Cap, and traders can use it to determine the average amount a Meridian Small'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 = 0.1611
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MSGRX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.97 actual daily | 8 92% 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 Meridian Small 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 Meridian Small by adding it to a well-diversified portfolio.
Meridian Small Fundamentals Growth
Meridian Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Meridian Small, and Meridian Small 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 Meridian Mutual Fund performance.
| Total Asset | 834.78 M | ||||
About Meridian Small Performance
Evaluating Meridian Small's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Meridian Small 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 Meridian Small 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 seeks long-term growth of capital by investing, under normal circumstances, at least 80 percent of its net assets, including the amount of any borrowings for investment purposes, in equity securities of U.S. small capitalization companies. It may also invest up to 20 percent of its net assets in securities of companies of any market capitalization.Things to note about Meridian Small Cap performance evaluation
Checking the ongoing alerts about Meridian Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Meridian Small Cap 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 -2.0% | |
| Meridian Small Cap maintains about 7.05% of its assets in cash |
- Analyzing Meridian Small'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 Meridian Small's stock is overvalued or undervalued compared to its peers.
- Examining Meridian Small'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 Meridian Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Meridian Small's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Meridian Small's mutual fund. These opinions can provide insight into Meridian Small's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Meridian Mutual Fund
Meridian Small financial ratios help investors to determine whether Meridian 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 Meridian with respect to the benefits of owning Meridian Small security.
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