New Enant Income Fund Manager Performance Evaluation
| NCICX Fund | USD 21.64 0.05 0.23% |
The fund secures a Beta (Market Risk) of 0.056, which conveys not very significant fluctuations relative to the market. As returns on the market increase, New Covenant's returns are expected to increase less than the market. However, during the bear market, the loss of holding New Covenant is expected to be smaller as well.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in New Enant Income are ranked lower than 16 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, New Covenant is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 31st of October 2025 | |
| Expense Ratio | 0.7500 |
New |
New Covenant Relative Risk vs. Return Landscape
If you would invest 2,126 in New Enant Income on November 15, 2025 and sell it today you would earn a total of 38.00 from holding New Enant Income or generate 1.79% return on investment over 90 days. New Enant Income is currently producing 0.0291% returns and takes up 0.137% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than New, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
New Covenant Current Valuation
Overvalued
Today
Please note that New Covenant's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. New Enant Income secures a last-minute Real Value of $19.87 per share. The latest price of the fund is $21.64. We determine the value of New Enant 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 New Covenant is currently traded on the exchange, buyers and sellers on that exchange determine the market value of New Mutual Fund. However, New Covenant'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 21.64 | Real 19.87 | Hype 21.64 |
The intrinsic value of New Covenant'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 New Covenant'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 New Enant Income helps investors to forecast how New 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 New Covenant more accurately as focusing exclusively on New Covenant's fundamentals will not take into account other important factors: New Covenant Target Price Odds to finish over Current Price
The tendency of New Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 21.64 | 90 days | 21.64 | near 1 |
Based on a normal probability distribution, the odds of New Covenant to move above the current price in 90 days from now is near 1 (This New Enant Income probability density function shows the probability of New Mutual Fund to fall within a particular range of prices over 90 days) .
New Covenant Price Density |
| Price |
Predictive Modules for New Covenant
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New Enant Income. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of New Covenant's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
New Covenant Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. New Covenant is not an exception. The market had few large corrections towards the New Covenant's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold New Enant Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of New Covenant within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.36 |
New Covenant Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of New Covenant for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for New Enant Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund maintains about 95.42% of its assets in bonds |
New Covenant Fundamentals Growth
New Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of New Covenant, and New Covenant 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 New Mutual Fund performance.
| Total Asset | 350.73 M | ||||
About New Covenant Performance
Evaluating New Covenant's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if New Covenant 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 New Covenant 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.
Under normal market conditions, at least 80 percent of the funds net assets will be invested in a diversified portfolio of bonds and other debt obligations of varying maturities. At least 65 percent of the funds net assets will be invested in bonds that are rated within the four highest credit rating categories assigned by independent rating agencies, and the advisor will attempt to maintain an overall credit quality rating of AA or higher.Things to note about New Enant Income performance evaluation
Checking the ongoing alerts about New Covenant for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for New Enant 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 95.42% of its assets in bonds |
- Analyzing New Covenant'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 New Covenant's stock is overvalued or undervalued compared to its peers.
- Examining New Covenant'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 New Covenant's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Covenant's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of New Covenant's mutual fund. These opinions can provide insight into New Covenant's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in New Mutual Fund
New Covenant financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New Covenant security.
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