Mirova Global Green Fund Manager Performance Evaluation
| MGGNX Fund | USD 8.77 0.02 0.23% |
The fund secures a Beta (Market Risk) of -0.0187, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mirova Global are expected to decrease at a much lower rate. During the bear market, Mirova Global is likely to outperform the market.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Mirova Global Green are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Mirova 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 | 0.6200 |
Mirova |
Mirova Global Relative Risk vs. Return Landscape
If you would invest 874.00 in Mirova Global Green on August 24, 2024 and sell it today you would earn a total of 3.00 from holding Mirova Global Green or generate 0.34% return on investment over 90 days. Mirova Global Green is currently producing 0.0057% returns and takes up 0.2428% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Mirova, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mirova Global Current Valuation
Fairly Valued
Today
Please note that Mirova Global's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mirova Global Green secures a last-minute Real Value of $8.73 per share. The latest price of the fund is $8.77. We determine the value of Mirova Global Green 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 Mirova Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mirova Mutual Fund. However, Mirova 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 8.77 | Real 8.73 | Hype 8.77 | Naive 8.79 |
The intrinsic value of Mirova 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 Mirova 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 Mirova Global Green helps investors to forecast how Mirova 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 Mirova Global more accurately as focusing exclusively on Mirova Global's fundamentals will not take into account other important factors: Mirova Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mirova Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mirova Global Green, and traders can use it to determine the average amount a Mirova 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 = 0.0236
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MGGNX |
Estimated Market Risk
| 0.24 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
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Mirova Global is performing at about 1% 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 Mirova Global by adding it to a well-diversified portfolio.
Mirova Global Fundamentals Growth
Mirova Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mirova Global, and Mirova 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 Mirova Mutual Fund performance.
| Total Asset | 46.3 M | ||||
About Mirova Global Performance
Evaluating Mirova Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mirova 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 Mirova 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 will normally invest at least 80 percent of its net assets in green bonds. Green bonds are bonds and notes all of the proceeds of which are used to finance projects which the Adviser believes will have a positive environmental impact. The fund normally will invest at least 40 percent of its assets in securities of issuers located outside the U.S. and the fund may invest up to 20 percent of its assets in securities of issuers located in emerging markets.Things to note about Mirova Global Green performance evaluation
Checking the ongoing alerts about Mirova Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mirova Global Green help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mirova Global Green generated five year return of 0.0% | |
| This fund maintains about 11.08% of its assets in cash |
- Analyzing Mirova 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 Mirova Global's stock is overvalued or undervalued compared to its peers.
- Examining Mirova 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 Mirova Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mirova Global's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mirova Global's mutual fund. These opinions can provide insight into Mirova Global's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mirova Mutual Fund
Mirova Global financial ratios help investors to determine whether Mirova 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 Mirova with respect to the benefits of owning Mirova Global security.
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