Global Hard Assets Fund Manager Performance Evaluation
| GHAAX Fund | USD 40.88 0.07 0.17% |
The fund retains a Market Volatility (i.e., Beta) of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global Hard's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Hard is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Global Hard Assets has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Global Hard 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 | 1st of May 2023 | |
| Expense Ratio | 1.3800 |
GLOBAL |
Global Hard Relative Risk vs. Return Landscape
If you would invest 4,106 in Global Hard Assets on August 25, 2024 and sell it today you would lose (18.00) from holding Global Hard Assets or give up 0.44% of portfolio value over 90 days. Global Hard Assets is currently producing negative expected returns and takes up 0.9244% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than GLOBAL, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Global Hard Current Valuation
Fairly Valued
Today
Please note that Global Hard's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Global Hard Assets retains a regular Real Value of $40.67 per share. The prevalent price of the fund is $40.88. We determine the value of Global Hard Assets from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Global Hard is currently traded on the exchange, buyers and sellers on that exchange determine the market value of GLOBAL Mutual Fund. However, Global Hard'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 40.88 | Real 40.67 | Hype 40.88 | Naive 40.67 |
The intrinsic value of Global Hard'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 Global Hard'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 Global Hard Assets helps investors to forecast how GLOBAL 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 Global Hard more accurately as focusing exclusively on Global Hard's fundamentals will not take into account other important factors: Global Hard Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Hard's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Global Hard Assets, and traders can use it to determine the average amount a Global Hard'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 = -0.0027
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GHAAX |
Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Hard 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 Global Hard by adding Global Hard to a well-diversified portfolio.
Global Hard Fundamentals Growth
GLOBAL Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Global Hard, and Global Hard 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 GLOBAL Mutual Fund performance.
| Price To Earning | 32.35 X | ||||
| Price To Book | 1.65 X | ||||
| Price To Sales | 1.64 X | ||||
| Total Asset | 119.91 M | ||||
About Global Hard Performance
Evaluating Global Hard's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Global Hard 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 Global Hard 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.
Under normal conditions, the fund invests at least 80 percent of its net assets in securities of global resource companies and instruments that derive their value from global resources. Global resources include precious metals , base and industrial metals, energy, natural resources and other commodities. A global resource company is a company that derives, directly or indirectly, at least 50 percent of its revenues from exploration, development, production, distribution or facilitation of processes relating to global resources.Things to note about Global Hard Assets performance evaluation
Checking the ongoing alerts about Global Hard for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Global Hard Assets help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Global Hard Assets generated a negative expected return over the last 90 days | |
| The fund generated-5.0 ten year return of -5.0% | |
| Global Hard Assets retains 96.4% of its assets under management (AUM) in equities |
- Analyzing Global Hard'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 Global Hard's stock is overvalued or undervalued compared to its peers.
- Examining Global Hard'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 Global Hard's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Global Hard's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Global Hard's mutual fund. These opinions can provide insight into Global Hard's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in GLOBAL Mutual Fund
Global Hard financial ratios help investors to determine whether GLOBAL 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 GLOBAL with respect to the benefits of owning Global Hard security.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |