WILLISTON Mutual Fund Manager Performance Evaluation

ICPAX
 Fund
  

USD 5.55  0.07  1.25%   

The entity maintains a market beta of 1.228, which attests to a somewhat significant risk relative to the market. Let's try to break down what WILLISTON's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, WILLISTON BASINMID-NORTH will likely underperform. Although it is important to respect WILLISTON BASINMID-NORTH historical price patterns, it is better to be realistic regarding the information on the equity's current price history. The approach into determining future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing WILLISTON BASINMID-NORTH technical indicators, you can now evaluate if the expected return of 0.17% will be sustainable into the future.
  
WILLISTON Performance
5 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in WILLISTON BASINMID-NORTH AMERICA are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, WILLISTON BASINMID-NORTH may actually be approaching a critical reversion point that can send shares even higher in January 2023.
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WILLISTON Price Channel

Fifty Two Week Low3.89
Fifty Two Week High5.81

WILLISTON BASINMID-NORTH Relative Risk vs. Return Landscape

If you would invest  514.00  in WILLISTON BASINMID-NORTH AMERICA on September 2, 2022 and sell it today you would earn a total of  48.00  from holding WILLISTON BASINMID-NORTH AMERICA or generate 9.34% return on investment over 90 days. WILLISTON BASINMID-NORTH AMERICA is currently producing 0.1694% returns and takes up 2.2649% volatility of returns over 90 trading days. Put another way, 19% of traded mutual funds are less volatile than WILLISTON, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon WILLISTON BASINMID-NORTH is expected to generate 1.5 times more return on investment than the market. However, the company is 1.5 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.08 per unit of risk.

WILLISTON BASINMID-NORTH Current Valuation

Overvalued
Today 5.55
Please note that WILLISTON BASINMID-NORTH's price fluctuation is slightly risky at this time.
WILLISTON BASINMID-NORTH maintains a prevalent Real Value of $5.27 per share. The last-minute price of the fund is $5.55. At this time, the fund appears to be overvalued. We determine the value of WILLISTON BASINMID-NORTH from reviewing 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 future time, mutual fund prices and their ongoing real values will grow together.
Our valuation method for WILLISTON BASINMID-NORTH AMERICA is useful when determining the fair value of the WILLISTON mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of WILLISTON BASINMID-NORTH. Since WILLISTON BASINMID-NORTH is currently traded on the exchange, buyers and sellers on that exchange determine the market value of WILLISTON Mutual Fund. However, WILLISTON BASINMID-NORTH'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.
5.27
Real Value
7.53
Upside
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-NORTH more accurately as focusing exclusively on WILLISTON BASINMID-NORTH's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.505.585.66
Details
Hype
Prediction
LowEstimated ValueHigh
3.235.497.75
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.060.060.06
Details

WILLISTON BASINMID-NORTH Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for WILLISTON BASINMID-NORTH'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-NORTH'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 = 0.0748

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Estimated Market Risk
 2.26
  actual daily
 
 19 %
of total potential
 
1919
Expected Return
 0.17
  actual daily
 
 3 %
of total potential
 
33
Risk-Adjusted Return
 0.07
  actual daily
 
 5 %
of total potential
 
55
Based on monthly moving average WILLISTON BASINMID-NORTH is performing at about 5% 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-NORTH by adding it to a well-diversified portfolio.

About WILLISTON BASINMID-NORTH Performance

To evaluate WILLISTON BASINMID-NORTH Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when WILLISTON BASINMID-NORTH generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare WILLISTON Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand WILLISTON BASINMID-NORTH market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents WILLISTON's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
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. Williston BasinMid-North is traded on NASDAQ Exchange in the United States.

Things to note about WILLISTON BASINMID-NORTH

Checking the ongoing alerts about WILLISTON BASINMID-NORTH for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for WILLISTON BASINMID-NORTH help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

WILLISTON BASINMID-NORTH Alerts

Equity Alerts and Improvement Suggestions

WILLISTON BASINMID-NORTH has high likelihood to experience some financial distress in the next 2 years
This fund generated-2.0 ten year return of -2.0%
WILLISTON BASINMID-NORTH retains all of its assets under management (AUM) in equities
Please see Risk vs Return Analysis. Note that the WILLISTON BASINMID-NORTH information on this page should be used as a complementary analysis to other WILLISTON BASINMID-NORTH's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running WILLISTON BASINMID-NORTH price analysis, check to measure WILLISTON BASINMID-NORTH's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WILLISTON BASINMID-NORTH is operating at the current time. Most of WILLISTON BASINMID-NORTH's value examination focuses on studying past and present price action to predict the probability of WILLISTON BASINMID-NORTH's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move WILLISTON BASINMID-NORTH's price. Additionally, you may evaluate how the addition of WILLISTON BASINMID-NORTH to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between WILLISTON BASINMID-NORTH's value and its price as these two are different measures arrived at by different means. Investors typically determine WILLISTON BASINMID-NORTH value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WILLISTON BASINMID-NORTH's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.