Mh Elite Income Fund Manager Performance Evaluation
| MHEIX Fund | USD 5.29 0.01 0.19% |
The fund owns a Beta (Systematic Risk) of 0.0363, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mh Elite's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mh Elite 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 Mh Elite Income are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Mh Elite is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.7500 |
MHEIX |
Mh Elite Relative Risk vs. Return Landscape
If you would invest 520.00 in Mh Elite Income on August 28, 2024 and sell it today you would earn a total of 9.00 from holding Mh Elite Income or generate 1.73% return on investment over 90 days. Mh Elite Income is currently producing 0.0275% returns and takes up 0.2392% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than MHEIX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mh Elite Current Valuation
Fairly Valued
Today
Please note that Mh Elite's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mh Elite Income owns a latest Real Value of $5.28 per share. The recent price of the fund is $5.29. We determine the value of Mh Elite Income 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, in the future, mutual fund prices and their ongoing real values will come together.
Since Mh Elite is currently traded on the exchange, buyers and sellers on that exchange determine the market value of MHEIX Mutual Fund. However, Mh Elite'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 5.29 | Real 5.28 | Hype 5.29 | Naive 5.28 |
The intrinsic value of Mh Elite'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 Mh Elite'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 Mh Elite Income helps investors to forecast how MHEIX 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 Mh Elite more accurately as focusing exclusively on Mh Elite's fundamentals will not take into account other important factors: Mh Elite Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mh Elite's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mh Elite Income, and traders can use it to determine the average amount a Mh Elite'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 = 0.1151
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MHEIX |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Mh Elite 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 Mh Elite by adding it to a well-diversified portfolio.
Mh Elite Fundamentals Growth
MHEIX Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mh Elite, and Mh Elite 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 MHEIX Mutual Fund performance.
| Total Asset | 10.44 M | ||||
About Mh Elite Performance
Evaluating Mh Elite's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mh Elite 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 Mh Elite 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 invests at least 80 percent of its total assets in 15 to 25 unaffiliated open-end mutual funds with an investment objective that seeks to provide current income andor total return. It may also invest in conservative asset allocation funds, which in turn employ a strategy of investing in a combination of bonds and common stocks, whereby the stock allocation is less than 40, and equity funds that invest in dividend paying common stocks to generate income.Things to note about Mh Elite Income performance evaluation
Checking the ongoing alerts about Mh Elite for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mh Elite Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 13.43% of its assets in cash |
- Analyzing Mh Elite'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 Mh Elite's stock is overvalued or undervalued compared to its peers.
- Examining Mh Elite'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 Mh Elite's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mh Elite's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mh Elite's mutual fund. These opinions can provide insight into Mh Elite's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in MHEIX Mutual Fund
Mh Elite financial ratios help investors to determine whether MHEIX 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 MHEIX with respect to the benefits of owning Mh Elite security.
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