Oil Equipment Services Fund Manager Performance Evaluation
| OEPSX Fund | USD 77.43 1.24 1.58% |
The fund holds a Beta of 2.01, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Oil Equipment will likely underperform.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Oil Equipment Services has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Oil Equipment is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 2.7200 |
Oil |
Oil Equipment Relative Risk vs. Return Landscape
If you would invest 7,876 in Oil Equipment Services on September 15, 2024 and sell it today you would lose (133.00) from holding Oil Equipment Services or give up 1.69% of portfolio value over 90 days. Oil Equipment Services is currently producing 0.0207% returns and takes up 3.13% volatility of returns over 90 trading days. Put another way, 27% of traded mutual funds are less volatile than Oil, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Oil Equipment Current Valuation
Overvalued
Today
Please note that Oil Equipment's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Oil Equipment Services holds a recent Real Value of $71.85 per share. The prevailing price of the fund is $77.43. We determine the value of Oil Equipment Services 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 Oil Equipment is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Oil Mutual Fund. However, Oil Equipment'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 77.43 | Real 71.85 | Hype 77.43 |
The intrinsic value of Oil Equipment'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 Oil Equipment'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 Oil Equipment Services helps investors to forecast how Oil 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 Oil Equipment more accurately as focusing exclusively on Oil Equipment's fundamentals will not take into account other important factors: Oil Equipment Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oil Equipment's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Oil Equipment Services, and traders can use it to determine the average amount a Oil Equipment'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 = 0.0066
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| Negative Returns | OEPSX |
Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oil Equipment is not performing at its full potential. However, 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 Oil Equipment by adding Oil Equipment to a well-diversified portfolio.
Oil Equipment Fundamentals Growth
Oil Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Oil Equipment, and Oil Equipment 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 Oil Mutual Fund performance.
| Price To Earning | 24.34 X | ||||
| Price To Book | 1.51 X | ||||
| Price To Sales | 1.75 X | ||||
| Total Asset | 14.58 M | ||||
About Oil Equipment Performance
Evaluating Oil Equipment's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Oil Equipment 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 Oil Equipment 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 in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by SP Dow Jones Indices LLC. The index represents the oil gas equipment services segment of the SP Total Market Index, which comprises the following sub-industries oil gas drilling and oil gas equipment services. It is non-diversified.Things to note about Oil Equipment Services performance evaluation
Checking the ongoing alerts about Oil Equipment for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Oil Equipment Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Oil Equipment had very high historical volatility over the last 90 days | |
| Oil Equipment Services generated-22.0 ten year return of -22.0% | |
| This fund maintains about 17.29% of its assets in cash |
- Analyzing Oil Equipment'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 Oil Equipment's stock is overvalued or undervalued compared to its peers.
- Examining Oil Equipment'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 Oil Equipment's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Oil Equipment's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Oil Equipment's mutual fund. These opinions can provide insight into Oil Equipment's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Oil Mutual Fund
Oil Equipment financial ratios help investors to determine whether Oil 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 Oil with respect to the benefits of owning Oil Equipment security.
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