Parametric Modity Strategy Fund Manager Performance Evaluation
| EIPCX Fund | USD 6.49 0.03 0.46% |
The fund holds a Beta of 0.0542, which implies not very significant fluctuations relative to the market. As returns on the market increase, Parametric Modity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Parametric Modity is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Parametric Modity Strategy are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Parametric Modity 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 | 1st of May 2023 | |
| Expense Ratio | 0.6800 |
Parametric |
Parametric Modity Relative Risk vs. Return Landscape
If you would invest 619.00 in Parametric Modity Strategy on September 5, 2024 and sell it today you would earn a total of 30.00 from holding Parametric Modity Strategy or generate 4.85% return on investment over 90 days. Parametric Modity Strategy is currently producing 0.0772% returns and takes up 0.8154% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Parametric, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Parametric Modity Current Valuation
Fairly Valued
Today
Please note that Parametric Modity's price fluctuation is not too volatile at this time. At this time, the fund appears to be fairly valued. Parametric Modity holds a recent Real Value of $6.4 per share. The prevailing price of the fund is $6.49. We determine the value of Parametric Modity from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support 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 Parametric Modity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parametric Mutual Fund. However, Parametric Modity'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 6.49 | Real 6.4 | Hype 6.49 | Naive 6.48 |
The intrinsic value of Parametric Modity'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 Parametric Modity'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 Parametric Modity Strategy helps investors to forecast how Parametric 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 Parametric Modity more accurately as focusing exclusively on Parametric Modity's fundamentals will not take into account other important factors: Parametric Modity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parametric Modity's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Parametric Modity Strategy, and traders can use it to determine the average amount a Parametric Modity'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 = 0.0947
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | EIPCX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Parametric Modity is performing at about 7% 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 Parametric Modity by adding it to a well-diversified portfolio.
Parametric Modity Fundamentals Growth
Parametric Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Parametric Modity, and Parametric Modity 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 Parametric Mutual Fund performance.
| Total Asset | 1.29 B | ||||
About Parametric Modity Performance
Evaluating Parametric Modity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Parametric Modity 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 Parametric Modity 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 primarily in commodity-linked derivative instruments backed by a portfolio of fixed-income securities. The funds portfolio of fixed-income securities is generally comprised of U.S. Treasury securities and money market instruments. The average portfolio duration of the funds fixed-income portfolio will vary and under normal market conditions is not expected to exceed one year. Commodity-linked derivative instruments include commodity index-linked swap agreements, futures, and commodity linked notes.Things to note about Parametric Modity performance evaluation
Checking the ongoing alerts about Parametric Modity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Parametric Modity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 9.84% of its assets under management (AUM) in cash |
- Analyzing Parametric Modity'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 Parametric Modity's stock is overvalued or undervalued compared to its peers.
- Examining Parametric Modity'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 Parametric Modity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parametric Modity's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Parametric Modity's mutual fund. These opinions can provide insight into Parametric Modity's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Parametric Mutual Fund
Parametric Modity financial ratios help investors to determine whether Parametric 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 Parametric with respect to the benefits of owning Parametric Modity security.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Stocks Directory Find actively traded stocks across global markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |