Amana Growth Fund Manager Performance Evaluation

AMIGX Fund  USD 78.74  0.39  0.50%   
The fund shows a Beta (market volatility) of 0.95, which signifies possible diversification benefits within a given portfolio. Amana Growth returns are very sensitive to returns on the market. As the market goes up or down, Amana Growth is expected to follow. By analyzing Amana Growth Fund technical indicators, you can presently evaluate if the expected return of 0.17% will be sustainable into the future.

Risk-Adjusted Performance

14 of 100

 
Low
 
High
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Amana Growth Fund are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Amana Growth may actually be approaching a critical reversion point that can send shares even higher in April 2024.
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Expense Ratio Date30th of September 2022
Expense Ratio0.6700
  

Amana Growth Relative Risk vs. Return Landscape

If you would invest  7,125  in Amana Growth Fund on December 19, 2023 and sell it today you would earn a total of  749.00  from holding Amana Growth Fund or generate 10.51% return on investment over 90 days. Amana Growth Fund is currently producing 0.1681% returns and takes up 0.9151% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Amana, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Amana Growth is expected to generate 1.54 times more return on investment than the market. However, the company is 1.54 times more volatile than its market benchmark. It trades about 0.18 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.17 per unit of risk.

Amana Growth Current Valuation

Fairly Valued
Today
78.74
Please note that Amana Growth's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Amana Growth Fund shows a prevailing Real Value of $77.54 per share. The current price of the fund is $78.74. We determine the value of Amana Growth Fund from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Our valuation method for Amana Growth Fund is useful when determining the fair value of the Amana mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Amana Growth. Since Amana Growth is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Amana Mutual Fund. However, Amana Growth'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  78.74 Real  77.54 Hype  78.35 Naive  78.87
The real value of a stock, also known as the intrinsic value, is the underlying worth of a company that is reflected in its stock price. It is based on the company's financial performance, assets, liabilities, growth prospects, management team, industry conditions, and other relevant factors. The real value of a stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, price-to-book ratio, and other valuation metrics. The real value of a stock 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 the stock's price. It is important to note that the real value of a stock is not a fixed number and may change over time based on changes in the company's performance and other relevant factors.
77.54
Real Value
78.45
Upside
Estimating the potential upside or downside of Amana Growth Fund helps investors to forecast how Amana 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 Amana Growth more accurately as focusing exclusively on Amana Growth's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
76.1678.4480.71
Details
Hype
Prediction
LowEstimatedHigh
77.4478.3579.26
Details
Naive
Forecast
LowNext ValueHigh
77.9578.8779.78
Details

Amana Growth Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Amana Growth's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Amana Growth Fund, and traders can use it to determine the average amount a Amana Growth'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 = 0.1837

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Estimated Market Risk

 0.92
  actual daily
8
92% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Amana Growth is performing at about 14% 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 Amana Growth by adding it to a well-diversified portfolio.

Amana Growth Fundamentals Growth

Amana Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Amana Growth, and Amana Growth 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 Amana Mutual Fund performance.

About Amana Growth Performance

To evaluate Amana Growth Fund 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 Amana Growth 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 Amana 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 Amana Growth Fund market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Amana'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 total net assets in common stocks. It invests only in common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. The fund diversifies its investments across industries and companies, and principally follows a large-cap value investment style.

Things to note about Amana Growth Fund performance evaluation

Checking the ongoing alerts about Amana Growth for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Amana Growth Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund holds 95.88% of its assets under management (AUM) in equities
Evaluating Amana Growth's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Amana Growth's mutual fund performance include:
  • Analyzing Amana Growth'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 Amana Growth's stock is overvalued or undervalued compared to its peers.
  • Examining Amana Growth'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 Amana Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Amana Growth's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Amana Growth's mutual fund. These opinions can provide insight into Amana Growth's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Amana Growth's mutual fund performance is not an exact science, and many factors can impact Amana Growth's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amana Growth Fund. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Amana Growth Fund information on this page should be used as a complementary analysis to other Amana Growth'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 the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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