Diamond Hill Small Mid Fund Manager Performance Evaluation
The fund shows a Beta (market volatility) of 0.0273, which means not very significant fluctuations relative to the market. As returns on the market increase, Diamond Hill's returns are expected to increase less than the market. However, during the bear market, the loss of holding Diamond Hill is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
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Insignificant
Over the last 90 days Diamond Hill Small Mid has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Diamond Hill is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 1.2100 |
Diamond |
Diamond Hill Relative Risk vs. Return Landscape
If you would invest 2,522 in Diamond Hill Small Mid on January 25, 2024 and sell it today you would earn a total of 86.00 from holding Diamond Hill Small Mid or generate 3.41% return on investment over 90 days. Diamond Hill Small Mid is currently producing 0.0581% returns and takes up 0.9858% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Diamond, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Diamond Hill Current Valuation
Undervalued
Today
Please note that Diamond Hill's price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Diamond Hill Small prevailing Real Value cannot be determined due to lack of data. The current price of Diamond Hill Small is $26.08. We determine the value of Diamond Hill Small 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 Diamond Hill Small Mid is useful when determining the fair value of the Diamond mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Diamond Hill. Since Diamond Hill is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Diamond Mutual Fund. However, Diamond Hill'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 26.08 | Real 0.0 | Hype 0.0 | Naive 25.83 |
The real value of Diamond Mutual Fund, also known as its intrinsic value, is the underlying worth of Diamond Hill Small Mutual Fund, which is reflected in its stock price. It is based on Diamond Hill's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Diamond Hill'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 Diamond Hill'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 Diamond Hill Small Mid helps investors to forecast how Diamond 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 Diamond Hill more accurately as focusing exclusively on Diamond Hill's fundamentals will not take into account other important factors: Diamond Hill Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diamond Hill's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Diamond Hill Small Mid, and traders can use it to determine the average amount a Diamond Hill'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 = 0.0589
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Diamond Hill 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 Diamond Hill by adding it to a well-diversified portfolio.
Diamond Hill Fundamentals Growth
Diamond Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Diamond Hill, and Diamond Hill 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 Diamond Mutual Fund performance.
| Price To Earning | 19.32 X | |||
| Price To Book | 1.91 X | |||
| Price To Sales | 1.16 X | |||
| Total Asset | 167.55 M | |||
About Diamond Hill Performance
To evaluate Diamond Hill Small 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 Diamond Hill 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 Diamond 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 Diamond Hill Small market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Diamond'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 U.S. equity securities with small and medium market capitalizations that the Adviser believes are undervalued. Diamond Hill is traded on NASDAQ Exchange in the United States.Things to note about Diamond Hill Small performance evaluation
Checking the ongoing alerts about Diamond Hill for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Diamond Hill Small help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains 98.09% of its assets under management (AUM) in equities |
- Analyzing Diamond Hill'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 Diamond Hill's stock is overvalued or undervalued compared to its peers.
- Examining Diamond Hill'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 Diamond Hill's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Diamond Hill's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Diamond Hill's mutual fund. These opinions can provide insight into Diamond Hill's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Small Mid. 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 nation. Note that the Diamond Hill Small information on this page should be used as a complementary analysis to other Diamond Hill'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.