Short Precious Metals Fund Manager Performance Evaluation
| SPPIX Fund | USD 9.88 0.31 3.24% |
The entity has a beta of -0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Short Precious are expected to decrease at a much lower rate. During the bear market, Short Precious is likely to outperform the market.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Short Precious Metals are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Short Precious 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 | 30th of November 2022 | |
| Expense Ratio | 1.7800 |
SHORT |
Short Precious Relative Risk vs. Return Landscape
If you would invest 952.00 in Short Precious Metals on August 28, 2024 and sell it today you would earn a total of 36.00 from holding Short Precious Metals or generate 3.78% return on investment over 90 days. Short Precious Metals is currently producing 0.0773% returns and takes up 1.9347% volatility of returns over 90 trading days. Put another way, 17% of traded mutual funds are less volatile than SHORT, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Short Precious Current Valuation
Overvalued
Today
Please note that Short Precious' price fluctuation is not too volatile at this time. At this time, the fund appears to be overvalued. Short Precious Metals has a current Real Value of $8.98 per share. The regular price of the fund is $9.88. We determine the value of Short Precious Metals 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 Short Precious is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SHORT Mutual Fund. However, Short Precious' 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 9.88 | Real 8.98 | Hype 9.88 | Naive 9.36 |
The intrinsic value of Short Precious' 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 Short Precious' 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 Short Precious Metals helps investors to forecast how SHORT 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 Short Precious more accurately as focusing exclusively on Short Precious' fundamentals will not take into account other important factors: Short Precious Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Short Precious' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Short Precious Metals, and traders can use it to determine the average amount a Short Precious' 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 = 0.0399
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | SPPIX | High Risk | Huge Risk |
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Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Short Precious is performing at about 3% 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 Short Precious by adding it to a well-diversified portfolio.
Short Precious Fundamentals Growth
SHORT Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Short Precious, and Short Precious 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 SHORT Mutual Fund performance.
| Total Asset | 3.9 M | ||||
About Short Precious Performance
Evaluating Short Precious' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Short Precious 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 Short Precious 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 in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index seeks to measure the performance of certain companies in the precious metals mining sector. The fund is non-diversified.Things to note about Short Precious Metals performance evaluation
Checking the ongoing alerts about Short Precious for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Short Precious Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| This fund generated-11.0 ten year return of -11.0% | |
| Short Precious maintains about 93.41% of its assets in cash |
- Analyzing Short Precious' 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 Short Precious' stock is overvalued or undervalued compared to its peers.
- Examining Short Precious' 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 Short Precious' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Short Precious' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Short Precious' mutual fund. These opinions can provide insight into Short Precious' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in SHORT Mutual Fund
Short Precious financial ratios help investors to determine whether SHORT 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 SHORT with respect to the benefits of owning Short Precious security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |