Kinetics Market Opportunities Fund Manager Performance Evaluation
| KMKAX Fund | USD 82.34 1.36 1.68% |
The fund secures a Beta (Market Risk) of 0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kinetics Market's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kinetics Market is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Kinetics Market Opportunities are ranked lower than 17 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Kinetics Market showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 1.6500 |
Kinetics |
Kinetics Market Relative Risk vs. Return Landscape
If you would invest 5,956 in Kinetics Market Opportunities on September 17, 2024 and sell it today you would earn a total of 2,278 from holding Kinetics Market Opportunities or generate 38.25% return on investment over 90 days. Kinetics Market Opportunities is currently producing 0.5267% returns and takes up 2.3585% volatility of returns over 90 trading days. Put another way, 21% of traded mutual funds are less volatile than Kinetics, and 90% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Kinetics Market Current Valuation
Undervalued
Today
Please note that Kinetics Market's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Kinetics Market Oppo secures a last-minute Real Value of $88.02 per share. The latest price of the fund is $82.34. We determine the value of Kinetics Market Oppo from analyzing 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 merge together.
Since Kinetics Market is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Kinetics Mutual Fund. However, Kinetics Market'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 82.34 | Real 88.02 | Hype 80.98 |
The intrinsic value of Kinetics Market'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 Kinetics Market'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 Kinetics Market Opportunities helps investors to forecast how Kinetics 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 Kinetics Market more accurately as focusing exclusively on Kinetics Market's fundamentals will not take into account other important factors: Kinetics Market Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinetics Market's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Kinetics Market Opportunities, and traders can use it to determine the average amount a Kinetics Market'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 = 0.2233
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | KMKAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Kinetics Market is performing at about 17% 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 Kinetics Market by adding it to a well-diversified portfolio.
Kinetics Market Fundamentals Growth
Kinetics Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Kinetics Market, and Kinetics Market 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 Kinetics Mutual Fund performance.
| Price To Earning | 22.02 X | ||||
| Price To Book | 2.27 X | ||||
| Price To Sales | 1.31 X | ||||
| Total Asset | 137.9 M | ||||
About Kinetics Market Performance
Evaluating Kinetics Market's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Kinetics Market 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 Kinetics Market 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 is a non-diversified fund that invests all of its investable assets in the Market Opportunities Portfolio, a series of Kinetics Portfolios Trust. Market Opportunities is traded on NASDAQ Exchange in the United States.Things to note about Kinetics Market Oppo performance evaluation
Checking the ongoing alerts about Kinetics Market for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Kinetics Market Oppo 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 23.11% of its assets in cash |
- Analyzing Kinetics Market'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 Kinetics Market's stock is overvalued or undervalued compared to its peers.
- Examining Kinetics Market'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 Kinetics Market's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kinetics Market's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Kinetics Market's mutual fund. These opinions can provide insight into Kinetics Market's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Kinetics Mutual Fund
Kinetics Market financial ratios help investors to determine whether Kinetics 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 Kinetics with respect to the benefits of owning Kinetics Market security.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |