Medical Equipment And Fund Manager Performance Evaluation
| FSMEX Fund | USD 58.54 0.20 0.34% |
The fund secures a Beta (Market Risk) of 0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Medical Equipment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Medical Equipment is expected to be smaller as well.
Risk-Adjusted Performance
Mild
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Medical Equipment And are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Medical Equipment is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Is Fidelity Select Portfolio Medical Technology and Devices a Strong Mutual Fund Pick Right Now - Yahoo News Malaysia | 12/12/2025 |
| Expense Ratio Date | 29th of April 2025 | |
| Expense Ratio | 0.6300 |
Medical |
Medical Equipment Relative Risk vs. Return Landscape
If you would invest 5,567 in Medical Equipment And on November 3, 2025 and sell it today you would earn a total of 287.00 from holding Medical Equipment And or generate 5.16% return on investment over 90 days. Medical Equipment And is currently producing 0.087% returns and takes up 1.0999% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Medical, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Medical Equipment Current Valuation
Fairly Valued
Today
Please note that Medical Equipment's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Medical Equipment And secures a last-minute Real Value of $58.77 per share. The latest price of the fund is $58.54. We determine the value of Medical Equipment And 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 Medical Equipment is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Medical Mutual Fund. However, Medical Equipment'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 58.54 | Real 58.77 | Hype 58.76 | Naive 57.6 |
The intrinsic value of Medical Equipment'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 Medical Equipment'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 Medical Equipment And helps investors to forecast how Medical 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 Medical Equipment more accurately as focusing exclusively on Medical Equipment's fundamentals will not take into account other important factors: Medical Equipment Target Price Odds to finish over Current Price
The tendency of Medical Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 58.54 | 90 days | 58.54 | about 57.3 |
Based on a normal probability distribution, the odds of Medical Equipment to move above the current price in 90 days from now is about 57.3 (This Medical Equipment And probability density function shows the probability of Medical Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Medical Equipment has a beta of 0.6. This usually indicates as returns on the market go up, Medical Equipment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Medical Equipment And will be expected to be much smaller as well. Additionally Medical Equipment And has an alpha of 0.0146, implying that it can generate a 0.0146 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Medical Equipment Price Density |
| Price |
Predictive Modules for Medical Equipment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Medical Equipment And. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Medical Equipment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Medical Equipment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Medical Equipment is not an exception. The market had few large corrections towards the Medical Equipment's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Medical Equipment And, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Medical Equipment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.60 | |
σ | Overall volatility | 2.12 | |
Ir | Information ratio | 0.0006 |
Medical Equipment Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Medical Equipment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Medical Equipment And can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains 98.24% of its assets under management (AUM) in equities |
Medical Equipment Fundamentals Growth
Medical Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Medical Equipment, and Medical Equipment 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 Medical Mutual Fund performance.
| Price To Earning | 30.06 X | ||||
| Price To Book | 2.59 X | ||||
| Price To Sales | 3.85 X | ||||
| Total Asset | 4.11 B | ||||
About Medical Equipment Performance
Evaluating Medical Equipment's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Medical Equipment 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 Medical Equipment 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 assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment, devices, and related technologies, companies enabling drug discovery, and companies providing information technology services primarily to health care providers. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. The fund is non-diversified.Things to note about Medical Equipment And performance evaluation
Checking the ongoing alerts about Medical Equipment for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Medical Equipment And help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains 98.24% of its assets under management (AUM) in equities |
- Analyzing Medical Equipment'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 Medical Equipment's stock is overvalued or undervalued compared to its peers.
- Examining Medical Equipment'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 Medical Equipment's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Medical Equipment's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Medical Equipment's mutual fund. These opinions can provide insight into Medical Equipment's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Medical Mutual Fund
Medical Equipment financial ratios help investors to determine whether Medical 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 Medical with respect to the benefits of owning Medical Equipment security.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |