Oil Gas Ultrasector Fund Manager Performance Evaluation
| ENPSX Fund | USD 35.64 0.08 0.22% |
The fund holds a Beta of 0.45, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oil Gas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Oil Gas is expected to be smaller as well.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Oil Gas Ultrasector are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Oil Gas is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 2.6100 |
Oil |
Oil Gas Relative Risk vs. Return Landscape
If you would invest 3,477 in Oil Gas Ultrasector on November 1, 2024 and sell it today you would earn a total of 87.00 from holding Oil Gas Ultrasector or generate 2.5% return on investment over 90 days. Oil Gas Ultrasector is currently producing 0.0563% returns and takes up 1.7133% volatility of returns over 90 trading days. Put another way, 15% of traded mutual funds are less volatile than Oil, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Oil Gas Current Valuation
Fairly Valued
Today
Please note that Oil Gas' price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Oil Gas Ultrasector holds a recent Real Value of $35.73 per share. The prevailing price of the fund is $35.64. We determine the value of Oil Gas Ultrasector from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support 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 Oil Gas is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Oil Mutual Fund. However, Oil Gas' 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 35.64 | Real 35.73 | Hype 35.64 | Naive 32.49 |
The intrinsic value of Oil Gas' 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 Oil Gas' 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 Oil Gas Ultrasector helps investors to forecast how Oil 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 Oil Gas more accurately as focusing exclusively on Oil Gas' fundamentals will not take into account other important factors: Oil Gas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oil Gas' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Oil Gas Ultrasector, and traders can use it to determine the average amount a Oil Gas' 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 = 0.0329
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | ENPSX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Oil Gas is performing at about 2% 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 Oil Gas by adding it to a well-diversified portfolio.
Oil Gas Fundamentals Growth
Oil Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Oil Gas, and Oil Gas 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 Oil Mutual Fund performance.
| Price To Earning | 32.66 X | ||||
| Price To Book | 1.55 X | ||||
| Price To Sales | 1.32 X | ||||
| Total Asset | 44.15 M | ||||
About Oil Gas Performance
Evaluating Oil Gas' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Oil Gas 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 Oil Gas 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 designed to measure the performance of energy companies included in the SP 500 Index. The fund is non-diversified.Things to note about Oil Gas Ultrasector performance evaluation
Checking the ongoing alerts about Oil Gas for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Oil Gas Ultrasector 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-7.0 ten year return of -7.0% | |
| Oil Gas Ultrasector retains about 18.18% of its assets under management (AUM) in cash |
- Analyzing Oil Gas' 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 Oil Gas' stock is overvalued or undervalued compared to its peers.
- Examining Oil Gas' 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 Oil Gas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Oil Gas' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Oil Gas' mutual fund. These opinions can provide insight into Oil Gas' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Oil Mutual Fund
Oil Gas financial ratios help investors to determine whether Oil 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 Oil with respect to the benefits of owning Oil Gas security.
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