Maine Municipal Fund Manager Performance Evaluation
| MEMUX Fund | USD 9.59 0.03 0.31% |
The fund secures a Beta (Market Risk) of 0.0453, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Maine Municipal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Maine Municipal is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Maine Municipal Fund are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Maine Municipal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Thai State Fund Raises 4.5 Billion to Support Stock Market - Bloomberg | 09/23/2024 |
| Expense Ratio Date | 30th of November 2022 | |
| Expense Ratio | 0.9800 |
Maine |
Maine Municipal Relative Risk vs. Return Landscape
If you would invest 951.00 in Maine Municipal Fund on September 1, 2024 and sell it today you would earn a total of 8.00 from holding Maine Municipal Fund or generate 0.84% return on investment over 90 days. Maine Municipal Fund is currently producing 0.0137% returns and takes up 0.2702% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Maine, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Maine Municipal Current Valuation
Fairly Valued
Today
Please note that Maine Municipal's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Maine Municipal secures a last-minute Real Value of $9.56 per share. The latest price of the fund is $9.59. We determine the value of Maine Municipal 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 Maine Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Maine Mutual Fund. However, Maine Municipal'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 9.59 | Real 9.56 | Hype 9.59 | Naive 9.57 |
The intrinsic value of Maine Municipal'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 Maine Municipal'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 Maine Municipal Fund helps investors to forecast how Maine 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 Maine Municipal more accurately as focusing exclusively on Maine Municipal's fundamentals will not take into account other important factors: Maine Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maine Municipal's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Maine Municipal Fund, and traders can use it to determine the average amount a Maine Municipal'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 = 0.0506
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MEMUX |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Maine Municipal is performing at about 3% 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 Maine Municipal by adding it to a well-diversified portfolio.
Maine Municipal Fundamentals Growth
Maine Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Maine Municipal, and Maine Municipal 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 Maine Mutual Fund performance.
| Total Asset | 9.85 M | ||||
About Maine Municipal Performance
Evaluating Maine Municipal's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Maine Municipal 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 Maine Municipal 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 municipal securities that pay interest free from federal income taxes, including the federal alternative minimum tax, and Maine personal income taxes. It may invest up to 30 percent of its net assets in U.S. territorial obligations, the interest on which is exempt from federal and Maine personal income taxes. The fund is non-diversified.Things to note about Maine Municipal performance evaluation
Checking the ongoing alerts about Maine Municipal for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Maine Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Maine Municipal generated five year return of -1.0% | |
| This fund maintains about 100.0% of its assets in bonds |
- Analyzing Maine Municipal'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 Maine Municipal's stock is overvalued or undervalued compared to its peers.
- Examining Maine Municipal'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 Maine Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Maine Municipal's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Maine Municipal's mutual fund. These opinions can provide insight into Maine Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Maine Mutual Fund
Maine Municipal financial ratios help investors to determine whether Maine 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 Maine with respect to the benefits of owning Maine Municipal security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Commodity Directory Find actively traded commodities issued by global exchanges |