MHESX Mutual Fund Quote

MHESX -  USA Fund  

USD 4.92  0.03  0.61%

Market Performance
0 of 100
Odds Of Distress
Less than 1
Mh Elite is trading at 4.92 as of the 26th of June 2022; that is 0.61 percent up since the beginning of the trading day. The fund's open price was 4.89. Mh Elite has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Mh Elite Select are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of July 2020 and ending today, the 26th of June 2022. Click here to learn more.
The fund invests at least 80 percent of its total assets in 15 to 25 unaffiliated open-end mutual funds . Mh Elite is traded on NASDAQ Exchange in the United States. More on Mh Elite Select

Moving together with Mh Elite

0.98VFFSXVanguard 500 Index Low VolatilityPairCorr
0.98VFIAXVanguard 500 Index Low VolatilityPairCorr
0.98VFINXVanguard Index Trust Low VolatilityPairCorr
0.87CSCOCisco Systems Fiscal Year End 17th of August 2022 PairCorr

Mh Elite Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Mh Elite's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mh Elite or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Mh Elite Select generated a negative expected return over the last 90 days
Mh Elite Select is unlikely to experience financial distress in the next 2 years
The fund maintains about 17.14% of its assets in cash
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Mh Elite's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Beta In Three Year0.85
Startdate6th of April 2006
Mh Elite Select [MHESX] is traded in USA and was established 26th of June 2022. The fund is listed under World Large-Stock Growth category and is part of MH Elite family. Mh Elite Select now has accumulated 7.67 M in assets with minimum initial investment of 10 K. , while the total return for the last 3 years was 1.33%.
Check Mh Elite Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on MHESX Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding MHESX Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Mh Elite Select Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Mh Elite Select Constituents

Mh Elite Target Price Odds Analysis

What are Mh Elite's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Mh Elite jumping above the current price in 90 days from now is about 92.02%. The Mh Elite Select probability density function shows the probability of Mh Elite mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Mh Elite has a beta of 0.7758. This indicates as returns on the market go up, Mh Elite average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mh Elite Select will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Mh Elite Select is significantly underperforming DOW.
  Odds Below 4.92HorizonTargetOdds Above 4.92
7.91%90 days
 4.92 
92.02%
Based on a normal probability distribution, the odds of Mh Elite to move above the current price in 90 days from now is about 92.02 (This Mh Elite Select probability density function shows the probability of MHESX Mutual Fund to fall within a particular range of prices over 90 days) .

Mh Elite Select Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mh Elite market risk premium is the additional return an investor will receive from holding Mh Elite long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mh Elite. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mh Elite's alpha and beta are two of the key measurements used to evaluate Mh Elite's performance over the market, the standard measures of volatility play an important role as well.

Mh Elite Against Markets

Picking the right benchmark for Mh Elite mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mh Elite mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mh Elite is critical whether you are bullish or bearish towards Mh Elite Select at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Mh Elite without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Investing Mh Elite Select

You need to understand the risk of investing before taking a position in Mh Elite. The danger of trading Mh Elite Select is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mh Elite is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mh Elite. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mh Elite Select is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Stocks Correlation. Note that the Mh Elite Select information on this page should be used as a complementary analysis to other Mh Elite'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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for MHESX Mutual Fund analysis

When running Mh Elite Select price analysis, check to measure Mh Elite'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 Mh Elite is operating at the current time. Most of Mh Elite's value examination focuses on studying past and present price action to predict the probability of Mh Elite's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mh Elite's price. Additionally, you may evaluate how the addition of Mh Elite to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mh Elite's value and its price as these two are different measures arrived at by different means. Investors typically determine Mh Elite value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mh Elite'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.