New Enant Income Fund Manager Performance Evaluation

NCICX Fund  USD 21.47  0.03  0.14%   
The fund secures a Beta (Market Risk) of -0.0015, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning New Enant are expected to decrease at a much lower rate. During the bear market, New Enant is likely to outperform the market.

Risk-Adjusted Performance

Soft

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in New Enant Income are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, New Enant is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio Date31st of October 2025
Expense Ratio0.7500
  

New Enant Relative Risk vs. Return Landscape

If you would invest  2,135  in New Enant Income on October 2, 2025 and sell it today you would earn a total of  12.00  from holding New Enant Income or generate 0.56% return on investment over 90 days. New Enant Income is currently producing 0.009% returns and takes up 0.1477% 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  
Assuming the 90 days horizon New Enant is expected to generate 6.04 times less return on investment than the market. But when comparing it to its historical volatility, the company is 4.89 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.08 of returns per unit of risk over similar time horizon.

New Enant Current Valuation

Overvalued
Today
21.47
Please note that New Enant'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 $19.74 per share. The latest price of the fund is $21.47. 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 Enant is currently traded on the exchange, buyers and sellers on that exchange determine the market value of New Mutual Fund. However, New Enant'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  21.47 Real  19.74 Hype  21.47 Naive  21.53
The intrinsic value of New Enant'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 Enant'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.
19.74
Real Value
23.62
Upside
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 Enant more accurately as focusing exclusively on New Enant's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
21.4221.4721.52
Details
Hype
Prediction
LowEstimatedHigh
21.3221.4721.62
Details
Naive
Forecast
LowNext ValueHigh
21.3821.5321.68
Details

New Enant Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for New Enant's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as New Enant Income, and traders can use it to determine the average amount a New Enant'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 = 0.061

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Negative ReturnsNCICX
Based on monthly moving average New Enant is performing at about 4% 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 New Enant by adding it to a well-diversified portfolio.

New Enant Fundamentals Growth

New Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of New Enant, and New Enant 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 Asset351.33 M

About New Enant Performance

Evaluating New Enant's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if New Enant 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 Enant 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 Enant 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 generated five year return of 0.0%
New Enant Income maintains about 95.42% of its assets in bonds
Evaluating New Enant's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate New Enant's mutual fund performance include:
  • Analyzing New Enant'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 Enant's stock is overvalued or undervalued compared to its peers.
  • Examining New Enant'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 Enant's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Enant's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of New Enant's mutual fund. These opinions can provide insight into New Enant's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating New Enant's mutual fund performance is not an exact science, and many factors can impact New Enant's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in New Mutual Fund

New Enant 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 Enant security.
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