Summit Global Investments Fund Manager Performance Evaluation
| LVOLX Fund | USD 22.70 0.01 0.04% |
The entity has a beta of 0.78, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Summit Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Summit Global is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Summit Global Investments are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong essential indicators, Summit Global is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.2300 |
Summit |
Summit Global Relative Risk vs. Return Landscape
If you would invest 2,153 in Summit Global Investments on September 3, 2024 and sell it today you would earn a total of 117.00 from holding Summit Global Investments or generate 5.43% return on investment over 90 days. Summit Global Investments is currently producing 0.085% returns and takes up 0.6867% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Summit, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Summit Global Current Valuation
Undervalued
Today
Please note that Summit Global's price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. Summit Global Investments current Real Value cannot be determined due to lack of data. The regular price of Summit Global Investments is $22.7. We determine the value of Summit Global Investments from inspecting 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 draw towards each other.
Since Summit Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Summit Mutual Fund. However, Summit Global'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 22.7 | Real 0.0 | Hype 0.0 | Naive 22.69 |
The intrinsic value of Summit Global'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 Summit Global'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 Summit Global Investments helps investors to forecast how Summit 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 Summit Global more accurately as focusing exclusively on Summit Global's fundamentals will not take into account other important factors: Summit Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Summit Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Summit Global Investments, and traders can use it to determine the average amount a Summit Global'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 = 0.1238
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Cash | LVOLX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Summit Global is performing at about 9% 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 Summit Global by adding it to a well-diversified portfolio.
Summit Global Fundamentals Growth
Summit Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Summit Global, and Summit Global 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 Summit Mutual Fund performance.
| Total Asset | 422.72 M | |||
About Summit Global Performance
Evaluating Summit Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Summit Global 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 Summit Global 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 in equity securities, primarily common stocks, of companies within the Russell 1000 Index and SP 500 Index. Its investments will generally consist of securities, which may include common stocks, preferred stocks, warrants to acquire common stock, and securities convertible into common stock. The fund purchases equity securities traded in the U.S. on registered exchanges or the over-the-counter market.Things to note about Summit Global Investments performance evaluation
Checking the ongoing alerts about Summit Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Summit Global Investments help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Summit Global's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Summit Global's mutual fund performance include:- Analyzing Summit Global'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 Summit Global's stock is overvalued or undervalued compared to its peers.
- Examining Summit Global'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 Summit Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Summit Global's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Summit Global's mutual fund. These opinions can provide insight into Summit Global's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Summit Mutual Fund
Summit Global financial ratios help investors to determine whether Summit 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 Summit with respect to the benefits of owning Summit Global security.
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