Eventide Exponential Technologies Fund Manager Performance Evaluation
| ETCEX Fund | USD 13.09 0.29 2.27% |
The fund shows a Beta (market volatility) of 0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, Eventide Exponential's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eventide Exponential is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Eventide Exponential Technologies are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Eventide Exponential showed solid returns over the last few months and may actually be approaching a breakup point.
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Eventide Exponential Relative Risk vs. Return Landscape
If you would invest 1,157 in Eventide Exponential Technologies on September 25, 2024 and sell it today you would earn a total of 152.00 from holding Eventide Exponential Technologies or generate 13.14% return on investment over 90 days. Eventide Exponential Technologies is currently producing 0.2058% returns and takes up 1.4032% volatility of returns over 90 trading days. Put another way, 12% of traded mutual funds are less volatile than Eventide, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Eventide Exponential Current Valuation
Fairly Valued
Today
Please note that Eventide Exponential's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Eventide Exponential shows a prevailing Real Value of $13.19 per share. The current price of the fund is $13.09. We determine the value of Eventide Exponential from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Eventide Exponential is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Eventide Mutual Fund. However, Eventide Exponential'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 13.09 | Real 13.19 | Hype 13.09 |
The intrinsic value of Eventide Exponential'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 Eventide Exponential'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 Eventide Exponential Technologies helps investors to forecast how Eventide 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 Eventide Exponential more accurately as focusing exclusively on Eventide Exponential's fundamentals will not take into account other important factors: Eventide Exponential Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eventide Exponential's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Eventide Exponential Technologies, and traders can use it to determine the average amount a Eventide Exponential'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 = 0.1467
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Eventide Exponential is performing at about 11% 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 Eventide Exponential by adding it to a well-diversified portfolio.
Eventide Exponential Fundamentals Growth
Eventide Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Eventide Exponential, and Eventide Exponential 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 Eventide Mutual Fund performance.
| Total Asset | 135.88 M | ||||
About Eventide Exponential Performance
Evaluating Eventide Exponential's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Eventide Exponential 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 Eventide Exponential 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, the fund invests at least 80 percent of its net assets in companies that the Adviser believes are participating in and benefitting from technologies, innovations, technology themes, or technology trends. The fund may invest in private and other companies whose securities may have legal or contractual restrictions on resale or are otherwise illiquid. It is non-diversified.Things to note about Eventide Exponential performance evaluation
Checking the ongoing alerts about Eventide Exponential for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Eventide Exponential 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 15.44% of its assets under management (AUM) in cash |
- Analyzing Eventide Exponential'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 Eventide Exponential's stock is overvalued or undervalued compared to its peers.
- Examining Eventide Exponential'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 Eventide Exponential's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eventide Exponential's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Eventide Exponential's mutual fund. These opinions can provide insight into Eventide Exponential's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Eventide Mutual Fund
Eventide Exponential financial ratios help investors to determine whether Eventide 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 Eventide with respect to the benefits of owning Eventide Exponential security.
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