Eventide Large Cap Fund Manager Performance Evaluation

ETLNX Fund   14.10  0.07  0.50%   
The fund shows a Beta (market volatility) of 0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, Eventide Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eventide Large is expected to be smaller as well.

Risk-Adjusted Performance

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Over the last 90 days Eventide Large Cap has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Eventide Large is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Eventide Large Relative Risk vs. Return Landscape

If you would invest  1,488  in Eventide Large Cap on September 25, 2024 and sell it today you would lose (78.00) from holding Eventide Large Cap or give up 5.24% of portfolio value over 90 days. Eventide Large Cap is currently producing negative expected returns and takes up 0.9021% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Eventide, 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 Eventide Large is expected to under-perform the market. In addition to that, the company is 1.12 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.05 per unit of volatility.

Eventide Large Current Valuation

Fairly Valued
Today
14.10
Please note that Eventide Large's price fluctuation is very steady at this time. Based on Macroaxis valuation methodology, the entity is fairly valued. Eventide Large Cap shows a prevailing Real Value of USD14.23 per share. The current price of the fund is USD14.1. Our model computes the value of Eventide Large Cap from reviewing the entity technical indicators and probability of bankruptcy. In general, investors 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 Large is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Eventide Mutual Fund. However, Eventide Large'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  14.1 Real  14.23 Hype  14.1
The intrinsic value of Eventide Large'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 Large'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.
14.23
Real Value
15.13
Upside
Estimating the potential upside or downside of Eventide Large Cap 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 Large more accurately as focusing exclusively on Eventide Large's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
13.2014.1015.00
Details

Eventide Large Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Eventide Large's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Eventide Large Cap, and traders can use it to determine the average amount a Eventide Large'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 = -0.0902

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Estimated Market Risk

 0.9
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Eventide Large is not performing at its full potential. However, 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 Large by adding Eventide Large to a well-diversified portfolio.

Eventide Large Fundamentals Growth

Eventide Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Eventide Large, and Eventide Large 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.

About Eventide Large Performance

Evaluating Eventide Large's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Eventide Large 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 Large 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 seeks to achieve its investment objective by primarily investing in a broad range of equity securities of large capitalization companies. Under normal market conditions, the fund invests at least 80 percent of its net assets in large capitalization companies. It may invest without limitation in securities in companies domiciled outside the United States either directly or through ADRs. The fund is non-diversified.

Things to note about Eventide Large Cap performance evaluation

Checking the ongoing alerts about Eventide Large for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Eventide Large Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Eventide Large Cap generated a negative expected return over the last 90 days
The fund retains all of the assets under management (AUM) in different types of exotic instruments
Evaluating Eventide Large's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Eventide Large's mutual fund performance include:
  • Analyzing Eventide Large'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 Large's stock is overvalued or undervalued compared to its peers.
  • Examining Eventide Large'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 Large's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eventide Large's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Eventide Large's mutual fund. These opinions can provide insight into Eventide Large's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Eventide Large's mutual fund performance is not an exact science, and many factors can impact Eventide Large'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 Eventide Mutual Fund

Eventide Large 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 Large security.
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