Guinness Atkinson China Fund Manager Performance Evaluation
| ICHKX Fund | USD 13.81 0.70 5.34% |
The fund retains a Market Volatility (i.e., Beta) of -0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Guinness Atkinson are expected to decrease at a much lower rate. During the bear market, Guinness Atkinson is likely to outperform the market.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Guinness Atkinson China are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward-looking signals, Guinness Atkinson showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 1.8200 |
Guinness |
Guinness Atkinson Relative Risk vs. Return Landscape
If you would invest 1,095 in Guinness Atkinson China on September 12, 2024 and sell it today you would earn a total of 286.00 from holding Guinness Atkinson China or generate 26.12% return on investment over 90 days. Guinness Atkinson China is currently producing 0.3978% returns and takes up 2.4258% volatility of returns over 90 trading days. Put another way, 21% of traded mutual funds are less volatile than Guinness, and 93% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Guinness Atkinson Current Valuation
Overvalued
Today
Please note that Guinness Atkinson's price fluctuation is not too volatile at this time. At this time, the entity appears to be overvalued. Guinness Atkinson China retains a regular Real Value of $12.57 per share. The prevalent price of the fund is $13.81. We determine the value of Guinness Atkinson China 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 Guinness Atkinson is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Guinness Mutual Fund. However, Guinness Atkinson'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 13.81 | Real 12.57 | Hype 13.81 | Naive 13.93 |
The intrinsic value of Guinness Atkinson'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 Guinness Atkinson'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 Guinness Atkinson China helps investors to forecast how Guinness 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 Guinness Atkinson more accurately as focusing exclusively on Guinness Atkinson's fundamentals will not take into account other important factors: Guinness Atkinson Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guinness Atkinson's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Guinness Atkinson China, and traders can use it to determine the average amount a Guinness Atkinson'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 = 0.164
| Best Portfolio | Best Equity | |||
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| Small Returns | ICHKX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Guinness Atkinson 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 Guinness Atkinson by adding it to a well-diversified portfolio.
Guinness Atkinson Fundamentals Growth
Guinness Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Guinness Atkinson, and Guinness Atkinson 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 Guinness Mutual Fund performance.
| Price To Earning | 10.00 X | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 1.07 X | |||
About Guinness Atkinson Performance
Evaluating Guinness Atkinson's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Guinness Atkinson 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 Guinness Atkinson 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 invests at least 80 percent of its net assets in publicly-traded equity securities of companies that are either primarily traded on the China or Hong Kong exchanges or that derive at least 50 percent of their revenues from business activities in China andor Hong Kong, but which may be listed and traded elsewhere. The fund will invest in companies with a minimum market capitalization of 500 million, including companies in emerging markets.Things to note about Guinness Atkinson China performance evaluation
Checking the ongoing alerts about Guinness Atkinson for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Guinness Atkinson China help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Guinness Atkinson China generated five year return of -4.0% | |
| This fund retains 99.8% of its assets under management (AUM) in equities |
- Analyzing Guinness Atkinson'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 Guinness Atkinson's stock is overvalued or undervalued compared to its peers.
- Examining Guinness Atkinson'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 Guinness Atkinson's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Guinness Atkinson's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Guinness Atkinson's mutual fund. These opinions can provide insight into Guinness Atkinson's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Guinness Mutual Fund
Guinness Atkinson financial ratios help investors to determine whether Guinness 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 Guinness with respect to the benefits of owning Guinness Atkinson security.
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