Williston Basinmid North America Fund Manager Performance Evaluation
| ICPAX Fund | USD 5.99 0.03 0.50% |
The entity maintains a market beta of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Williston Basinmid's returns are expected to increase less than the market. However, during the bear market, the loss of holding Williston Basinmid is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Williston Basinmid North America are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Williston Basinmid may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio Date | 30th of November 2022 | |
| Expense Ratio | 1.0000 |
Williston |
Williston Basinmid Relative Risk vs. Return Landscape
If you would invest 548.00 in Williston Basinmid North America on September 15, 2024 and sell it today you would earn a total of 51.00 from holding Williston Basinmid North America or generate 9.31% return on investment over 90 days. Williston Basinmid North America is currently producing 0.1428% returns and takes up 1.0886% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Williston, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Williston Basinmid Current Valuation
Undervalued
Today
Please note that Williston Basinmid's price fluctuation is not too volatile at this time. At this time, the fund appears to be undervalued. Williston Basinmid maintains a prevalent Real Value of $6.36 per share. The last-minute price of the fund is $5.99. We determine the value of Williston Basinmid from examining 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 grow together.
Since Williston Basinmid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Williston Mutual Fund. However, Williston Basinmid'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 5.99 | Real 6.36 | Hype 5.99 | Naive 5.81 |
The intrinsic value of Williston Basinmid'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 Williston Basinmid'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 Williston Basinmid North America helps investors to forecast how Williston 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 Williston Basinmid more accurately as focusing exclusively on Williston Basinmid's fundamentals will not take into account other important factors: Williston Basinmid Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Williston Basinmid's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Williston Basinmid North America, and traders can use it to determine the average amount a Williston Basinmid'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 = 0.1312
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| Cash | ICPAX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Williston Basinmid is performing at about 10% 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 Williston Basinmid by adding it to a well-diversified portfolio.
Williston Basinmid Fundamentals Growth
Williston Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Williston Basinmid, and Williston Basinmid 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 Williston Mutual Fund performance.
| Price To Earning | 21.78 X | ||||
| Price To Book | 1.86 X | ||||
| Price To Sales | 1.39 X | ||||
| Total Asset | 81.13 M | ||||
About Williston Basinmid Performance
Evaluating Williston Basinmid's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Williston Basinmid 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 Williston Basinmid 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 the stock of domestic and foreign issuers that are participating or benefitting from the development of the resources in the Mid-North America area. It may invest in companies of any size. The companies in which the fund invests may include smaller companies that have recently commenced operations and do not have significant revenues.Things to note about Williston Basinmid performance evaluation
Checking the ongoing alerts about Williston Basinmid for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Williston Basinmid help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated-2.0 ten year return of -2.0% | |
| Williston Basinmid retains all of its assets under management (AUM) in equities |
- Analyzing Williston Basinmid'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 Williston Basinmid's stock is overvalued or undervalued compared to its peers.
- Examining Williston Basinmid'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 Williston Basinmid's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Williston Basinmid's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Williston Basinmid's mutual fund. These opinions can provide insight into Williston Basinmid's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Williston Mutual Fund
Williston Basinmid financial ratios help investors to determine whether Williston 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 Williston with respect to the benefits of owning Williston Basinmid security.
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