Free Market International Fund Manager Performance Evaluation
| FMNEX Fund | USD 11.98 0.03 0.25% |
The fund shows a Beta (market volatility) of 0.41, which means possible diversification benefits within a given portfolio. As returns on the market increase, Free Market's returns are expected to increase less than the market. However, during the bear market, the loss of holding Free Market is expected to be smaller as well.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Free Market International has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Free Market is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.8500 |
Free |
Free Market Relative Risk vs. Return Landscape
If you would invest 1,236 in Free Market International on August 28, 2024 and sell it today you would lose (38.00) from holding Free Market International or give up 3.07% of portfolio value over 90 days. Free Market International is currently producing negative expected returns and takes up 0.8123% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Free, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Free Market Current Valuation
Fairly Valued
Today
Please note that Free Market's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Free Market International shows a prevailing Real Value of $12.06 per share. The current price of the fund is $11.98. We determine the value of Free Market International from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Free Market is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Free Mutual Fund. However, Free Market'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 11.98 | Real 12.06 | Hype 11.98 |
The intrinsic value of Free Market'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 Free Market'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 Free Market International helps investors to forecast how Free 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 Free Market more accurately as focusing exclusively on Free Market's fundamentals will not take into account other important factors: Free Market Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Free Market's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Free Market International, and traders can use it to determine the average amount a Free Market'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 = -0.0561
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FMNEX |
Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Free Market is not performing at its full potential. However, 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 Free Market by adding Free Market to a well-diversified portfolio.
Free Market Fundamentals Growth
Free Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Free Market, and Free Market 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 Free Mutual Fund performance.
| Price To Earning | 12.45 X | ||||
| Price To Book | 0.92 X | ||||
| Price To Sales | 0.59 X | ||||
| Total Asset | 2.71 B | ||||
About Free Market Performance
Evaluating Free Market's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Free Market 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 Free Market 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 normally invests at least 80 percent of its net assets, including any borrowings for investment purposes, in shares of registered, open-end investment companies and exchange-traded funds that have either adopted policies to invest at least 80 percent of their assets in equity securities of foreign companies, or invest substantially all of their assets in such equity securities. It will diversify its investments by investing primarily in investment companies that focus on different segments of the foreign equity markets, including emerging markets, with little or no focus on domestic equity markets.Things to note about Free Market International performance evaluation
Checking the ongoing alerts about Free Market for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Free Market International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Free Market generated a negative expected return over the last 90 days | |
| The fund retains 98.25% of its assets under management (AUM) in equities |
- Analyzing Free Market'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 Free Market's stock is overvalued or undervalued compared to its peers.
- Examining Free Market'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 Free Market's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Free Market's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Free Market's mutual fund. These opinions can provide insight into Free Market's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Free Mutual Fund
Free Market financial ratios help investors to determine whether Free 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 Free with respect to the benefits of owning Free Market security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |