Hcm Income Plus Fund Manager Performance Evaluation
| HCMLX Fund | USD 18.79 0.18 0.97% |
The fund retains a Market Volatility (i.e., Beta) of 0.85, which attests to possible diversification benefits within a given portfolio. Hcm Income returns are very sensitive to returns on the market. As the market goes up or down, Hcm Income is expected to follow.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Hcm Income Plus are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak essential indicators, Hcm Income may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio | 1.4500 |
HCM |
Hcm Income Relative Risk vs. Return Landscape
If you would invest 1,690 in Hcm Income Plus on September 3, 2024 and sell it today you would earn a total of 171.00 from holding Hcm Income Plus or generate 10.12% return on investment over 90 days. Hcm Income Plus is currently producing 0.1552% returns and takes up 0.95% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than HCM, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hcm Income Current Valuation
Fairly Valued
Today
Please note that Hcm Income's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Hcm Income Plus retains a regular Real Value of $18.39 per share. The prevalent price of the fund is $18.79. We determine the value of Hcm Income Plus from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Hcm Income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of HCM Mutual Fund. However, Hcm Income'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 18.79 | Real 18.39 | Hype 18.61 | Naive 18.53 |
The intrinsic value of Hcm Income'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 Hcm Income'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 Hcm Income Plus helps investors to forecast how HCM 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 Hcm Income more accurately as focusing exclusively on Hcm Income's fundamentals will not take into account other important factors: Hcm Income Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hcm Income's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Hcm Income Plus, and traders can use it to determine the average amount a Hcm Income'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 = 0.1633
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HCMLX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Hcm Income is performing at about 12% 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 Hcm Income by adding it to a well-diversified portfolio.
Hcm Income Fundamentals Growth
HCM Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Hcm Income, and Hcm Income 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 HCM Mutual Fund performance.
| Total Asset | 741.1 M | |||
About Hcm Income Performance
Evaluating Hcm Income's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hcm Income 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 Hcm Income 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 through investments in ETFs that invest in foreign and domestic equity securities of any market capitalization fixed income securities of any maturity, duration and credit quality investment companies and cash and cash equivalents and put and call options. The adviser maintains the ability to invest a large percentage of the funds holdings in one asset class of the market.Things to note about Hcm Income Plus performance evaluation
Checking the ongoing alerts about Hcm Income for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hcm Income Plus 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 18.2% of its assets under management (AUM) in fixed income securities |
- Analyzing Hcm Income'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 Hcm Income's stock is overvalued or undervalued compared to its peers.
- Examining Hcm Income'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 Hcm Income's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hcm Income's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Hcm Income's mutual fund. These opinions can provide insight into Hcm Income's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in HCM Mutual Fund
Hcm Income financial ratios help investors to determine whether HCM 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 HCM with respect to the benefits of owning Hcm Income security.
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