FUNDX Mutual Fund Manager Performance Evaluation

FUNDX
 Fund
  

USD 53.87  0.16  0.30%   

The fund shows a Beta (market volatility) of 0.9404, which means possible diversification benefits within a given portfolio. Let's try to break down what FUNDX's beta means in this case. Fund X returns are very sensitive to returns on the market. As the market goes up or down, Fund X is expected to follow. Although it is important to respect Fund X Upgrader historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards predicting 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 Fund X Upgrader technical indicators, you can presently evaluate if the expected return of 0.0673% will be sustainable into the future.
  
FUNDX Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Fund X Upgrader are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Fund X is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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FUNDX Price Channel

Fifty Two Week Low48.05
Fifty Two Week High86.01
Annual Report Expense Ratio2.01%

Fund X Relative Risk vs. Return Landscape

If you would invest  5,188  in Fund X Upgrader on May 18, 2022 and sell it today you would earn a total of  199.00  from holding Fund X Upgrader or generate 3.84% return on investment over 90 days. Fund X Upgrader is currently producing 0.0673% returns and takes up 1.1557% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than FUNDX, and 99% 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 Fund X is expected to generate 2.05 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.02 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 of returns per unit of risk over similar time horizon.

Fund X Current Valuation

Fairly Valued
Today 53.87
Please note that Fund X's price fluctuation is very steady at this time.
Fund X Upgrader shows a prevailing Real Value of $52.98 per share. The current price of the fund is $53.87. At this time, the entity appears to be fairly valued. We determine the value of Fund X Upgrader from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Our valuation method for Fund X Upgrader is useful when determining the fair value of the FUNDX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Fund X. Since Fund X is currently traded on the exchange, buyers and sellers on that exchange determine the market value of FUNDX Mutual Fund. However, Fund X'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.
52.98
Real Value
54.14
Upside
Estimating the potential upside or downside of Fund X Upgrader helps investors to forecast how FUNDX 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 Fund X more accurately as focusing exclusively on Fund X's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
52.3853.5454.70
Details

Fund X Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fund X's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fund X Upgrader, and traders can use it to determine the average amount a Fund X'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 = 0.0583

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Estimated Market Risk
 1.16
  actual daily
 
 10 %
of total potential
 
1010
Expected Return
 0.07
  actual daily
 
 1 %
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11
Risk-Adjusted Return
 0.06
  actual daily
 
 4 %
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44
Based on monthly moving average Fund X is performing at about 4% 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 Fund X by adding it to a well-diversified portfolio.

About Fund X Performance

To evaluate Fund X Upgrader 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 Fund X 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 FUNDX 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 Fund X Upgrader stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents FUNDX'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 is a fund-of-funds and as such invests primarily in no-load and load-waived mutual funds, including ETFs. Fund X is traded on NASDAQ Exchange in the United States.

Things to note about Fund X Upgrader

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

Fund X Alerts

Equity Alerts and Improvement Suggestions

Fund X Upgrader is unlikely to experience financial distress in the next 2 years
Latest headline from www.trustnet.com: The best funds to hold alongside JPM US Equity Income - FE Trustnet
The fund retains 96.21% of its assets under management (AUM) in equities
Please check Investing Opportunities. Note that the Fund X Upgrader information on this page should be used as a complementary analysis to other Fund X'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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