Parametric Emerging Markets Fund Manager Performance Evaluation

EIEMX Fund  USD 14.71  0.08  0.55%   
The fund holds a Beta of -0.0118, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Parametric Emerging are expected to decrease at a much lower rate. During the bear market, Parametric Emerging is likely to outperform the market.

Risk-Adjusted Performance

4 of 100

 
Weak
 
Strong
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Parametric Emerging Markets are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong primary indicators, Parametric Emerging 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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Expense Ratio Date1st of June 2023
Expense Ratio1.2400
  

Parametric Emerging Relative Risk vs. Return Landscape

If you would invest  1,442  in Parametric Emerging Markets on September 6, 2024 and sell it today you would earn a total of  29.00  from holding Parametric Emerging Markets or generate 2.01% return on investment over 90 days. Parametric Emerging Markets is currently producing 0.0335% returns and takes up 0.619% volatility of returns over 90 trading days. Put another way, 5% 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  
Assuming the 90 days horizon Parametric Emerging is expected to generate 5.19 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.18 times less risky than the market. It trades about 0.05 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.24 of returns per unit of risk over similar time horizon.

Parametric Emerging Current Valuation

Fairly Valued
Today
14.71
Please note that Parametric Emerging's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Parametric Emerging holds a recent Real Value of $14.46 per share. The prevailing price of the fund is $14.71. We determine the value of Parametric Emerging 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 Emerging is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parametric Mutual Fund. However, Parametric Emerging'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  14.71 Real  14.46 Hype  14.71 Naive  14.69
The intrinsic value of Parametric Emerging'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 Emerging'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.
14.46
Real Value
15.08
Upside
Estimating the potential upside or downside of Parametric Emerging Markets 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 Emerging more accurately as focusing exclusively on Parametric Emerging's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.6114.6514.70
Details
Hype
Prediction
LowEstimatedHigh
14.0914.7115.33
Details
Naive
Forecast
LowNext ValueHigh
14.0714.6915.31
Details

Parametric Emerging Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Parametric Emerging's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Parametric Emerging Markets, and traders can use it to determine the average amount a Parametric Emerging'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 = 0.0541

Best PortfolioBest Equity
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Negative ReturnsEIEMX

Estimated Market Risk

 0.62
  actual daily
5
95% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Parametric Emerging is performing at about 4% 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 Emerging by adding it to a well-diversified portfolio.

Parametric Emerging Fundamentals Growth

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

About Parametric Emerging Performance

Evaluating Parametric Emerging's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Parametric Emerging 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 Emerging 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 normally invests at least 80 percent of its net assets in equity securities of companies located in emerging market countries. The advisor intends to invest primarily in securities issued by companies located in countries included in the MSCI Emerging Markets Index or the MSCI Frontier Markets Index. It may invest in securities issued by companies with a broad range of market capitalizations. More than 25 percent of its total assets may be denominated in any single currency.

Things to note about Parametric Emerging performance evaluation

Checking the ongoing alerts about Parametric Emerging for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Parametric Emerging 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 98.97% of its assets under management (AUM) in equities
Evaluating Parametric Emerging's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Parametric Emerging's mutual fund performance include:
  • Analyzing Parametric Emerging'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 Emerging's stock is overvalued or undervalued compared to its peers.
  • Examining Parametric Emerging'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 Emerging's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parametric Emerging's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Parametric Emerging's mutual fund. These opinions can provide insight into Parametric Emerging's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Parametric Emerging's mutual fund performance is not an exact science, and many factors can impact Parametric Emerging'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 Parametric Mutual Fund

Parametric Emerging 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 Emerging security.
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