Basic Materials Ultrasector Fund Manager Performance Evaluation
| BMPIX Fund | USD 120.26 1.01 0.85% |
The fund shows a Beta (market volatility) of 1.16, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Basic Materials will likely underperform.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Basic Materials Ultrasector are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Basic Materials 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 | 30th of November 2022 | |
| Expense Ratio | 1.7800 |
Basic |
Basic Materials Relative Risk vs. Return Landscape
If you would invest 11,924 in Basic Materials Ultrasector on August 26, 2024 and sell it today you would earn a total of 102.00 from holding Basic Materials Ultrasector or generate 0.86% return on investment over 90 days. Basic Materials Ultrasector is currently producing 0.0208% returns and takes up 1.2465% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Basic, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Basic Materials Current Valuation
Fairly Valued
Today
Please note that Basic Materials' price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Basic Materials Ultr shows a prevailing Real Value of $120.27 per share. The current price of the fund is $120.26. We determine the value of Basic Materials Ultr from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Basic Materials is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Basic Mutual Fund. However, Basic Materials' 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 120.26 | Real 120.27 | Hype 120.26 | Naive 119.03 |
The intrinsic value of Basic Materials' 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 Basic Materials' 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 Basic Materials Ultrasector helps investors to forecast how Basic 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 Basic Materials more accurately as focusing exclusively on Basic Materials' fundamentals will not take into account other important factors: Basic Materials Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Basic Materials' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Basic Materials Ultrasector, and traders can use it to determine the average amount a Basic Materials' 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 = 0.0167
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BMPIX |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Basic Materials is performing at about 1% 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 Basic Materials by adding it to a well-diversified portfolio.
Basic Materials Fundamentals Growth
Basic Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Basic Materials, and Basic Materials 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 Basic Mutual Fund performance.
| Price To Earning | 1.60 X | ||||
| Price To Book | 3.25 X | ||||
| Price To Sales | 1.50 X | ||||
| Total Asset | 5.05 M | ||||
About Basic Materials Performance
Evaluating Basic Materials' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Basic Materials 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 Basic Materials 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 invests in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by SP Dow Jones Indices LLC. The index represents the materials sector of the SP 500 Index. The fund is non-diversified.Things to note about Basic Materials Ultr performance evaluation
Checking the ongoing alerts about Basic Materials for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Basic Materials Ultr help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund holds about 26.92% of its assets under management (AUM) in cash |
- Analyzing Basic Materials' 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 Basic Materials' stock is overvalued or undervalued compared to its peers.
- Examining Basic Materials' 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 Basic Materials' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Basic Materials' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Basic Materials' mutual fund. These opinions can provide insight into Basic Materials' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Basic Mutual Fund
Basic Materials financial ratios help investors to determine whether Basic 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 Basic with respect to the benefits of owning Basic Materials security.
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