Meridian Equity Income Fund Manager Performance Evaluation
| MRCEX Fund | USD 14.13 0.01 0.07% |
The fund secures a Beta (Market Risk) of -0.0231, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Meridian Equity are expected to decrease at a much lower rate. During the bear market, Meridian Equity is likely to outperform the market.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Meridian Equity Income are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Meridian Equity is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 2.2800 |
Meridian |
Meridian Equity Relative Risk vs. Return Landscape
If you would invest 1,350 in Meridian Equity Income on August 26, 2024 and sell it today you would earn a total of 63.00 from holding Meridian Equity Income or generate 4.67% return on investment over 90 days. Meridian Equity Income is currently producing 0.0712% returns and takes up 0.4615% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Meridian, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Meridian Equity Current Valuation
Fairly Valued
Today
Please note that Meridian Equity's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Meridian Equity Income secures a last-minute Real Value of $13.96 per share. The latest price of the fund is $14.13. We determine the value of Meridian Equity Income 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 Meridian Equity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Meridian Mutual Fund. However, Meridian Equity'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 14.13 | Real 13.96 | Hype 14.13 | Naive 14.06 |
The intrinsic value of Meridian Equity'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 Meridian Equity'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 Meridian Equity Income helps investors to forecast how Meridian 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 Meridian Equity more accurately as focusing exclusively on Meridian Equity's fundamentals will not take into account other important factors: Meridian Equity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meridian Equity's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Meridian Equity Income, and traders can use it to determine the average amount a Meridian Equity'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 = 0.1544
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MRCEX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.46 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Meridian Equity is performing at about 12% 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 Meridian Equity by adding it to a well-diversified portfolio.
Meridian Equity Fundamentals Growth
Meridian Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Meridian Equity, and Meridian Equity 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 Meridian Mutual Fund performance.
| Total Asset | 47.4 M | ||||
About Meridian Equity Performance
Evaluating Meridian Equity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Meridian Equity 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 Meridian Equity 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 invest at least 80 percent of its net assets in long or short positions in equity securities. Equity securities include, but are not limited to, common and preferred stocks as well as convertible securities, such as options, in domestic and foreign companies. It may invest up to 25 percent of its total assets, calculated at the time of purchase, in securities of foreign companies, including emerging market companies.Things to note about Meridian Equity Income performance evaluation
Checking the ongoing alerts about Meridian Equity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Meridian Equity Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Meridian Equity's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Meridian Equity's mutual fund performance include:- Analyzing Meridian Equity'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 Meridian Equity's stock is overvalued or undervalued compared to its peers.
- Examining Meridian Equity'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 Meridian Equity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Meridian Equity's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Meridian Equity's mutual fund. These opinions can provide insight into Meridian Equity's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Meridian Mutual Fund
Meridian Equity financial ratios help investors to determine whether Meridian 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 Meridian with respect to the benefits of owning Meridian Equity security.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |