Sound Mind Investing Fund Manager Performance Evaluation
| SMIFX Fund | USD 10.46 0.02 0.19% |
The entity has a beta of 0.97, which indicates possible diversification benefits within a given portfolio. Sound Mind returns are very sensitive to returns on the market. As the market goes up or down, Sound Mind is expected to follow.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Sound Mind Investing are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Sound Mind 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 | 28th of February 2023 | |
| Expense Ratio | 1.4800 |
Sound |
Sound Mind Relative Risk vs. Return Landscape
If you would invest 994.00 in Sound Mind Investing on August 30, 2024 and sell it today you would earn a total of 52.00 from holding Sound Mind Investing or generate 5.23% return on investment over 90 days. Sound Mind Investing is currently producing 0.0857% returns and takes up 0.9802% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Sound, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Sound Mind Current Valuation
Fairly Valued
Today
Please note that Sound Mind's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Sound Mind Investing has a current Real Value of $10.32 per share. The regular price of the fund is $10.46. We determine the value of Sound Mind Investing 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, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Sound Mind is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sound Mutual Fund. However, Sound Mind'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 10.46 | Real 10.32 | Hype 10.46 | Naive 10.39 |
The intrinsic value of Sound Mind'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 Sound Mind'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 Sound Mind Investing helps investors to forecast how Sound 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 Sound Mind more accurately as focusing exclusively on Sound Mind's fundamentals will not take into account other important factors: Sound Mind Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sound Mind's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Sound Mind Investing, and traders can use it to determine the average amount a Sound Mind'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 = 0.0874
| Best Portfolio | Best Equity | |||
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| Cash | SMIFX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Sound Mind is performing at about 6% 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 Sound Mind by adding it to a well-diversified portfolio.
Sound Mind Fundamentals Growth
Sound Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Sound Mind, and Sound Mind 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 Sound Mutual Fund performance.
| Price To Earning | 18.52 X | ||||
| Price To Book | 1.74 X | ||||
| Price To Sales | 0.92 X | ||||
About Sound Mind Performance
Evaluating Sound Mind's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sound Mind 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 Sound Mind 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 SMI Fund seeks to achieve its objective by investing in a diversified portfolio of other investment companies using a Stock Upgrading strategy. This strategy is a systematic investment approach that is based on the belief of SMI Advisory Services, LLC , the SMI Funds adviser, that superior returns can be obtained by constantly monitoring the performance of a wide universe of other investment companies, and standing ready to move assets into funds deemed by the Advisor to be most attractive at the time of analysis. The fund is non-diversified.Things to note about Sound Mind Investing performance evaluation
Checking the ongoing alerts about Sound Mind for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Sound Mind Investing 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 8.64% of its assets in cash |
- Analyzing Sound Mind'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 Sound Mind's stock is overvalued or undervalued compared to its peers.
- Examining Sound Mind'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 Sound Mind's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sound Mind's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Sound Mind's mutual fund. These opinions can provide insight into Sound Mind's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Sound Mutual Fund
Sound Mind financial ratios help investors to determine whether Sound 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 Sound with respect to the benefits of owning Sound Mind security.
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