Perkins Mid Cap Fund Manager Performance Evaluation

JMVAX Fund  USD 16.14  0.26  1.59%   
The fund holds a Beta of -0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Perkins Mid are expected to decrease at a much lower rate. During the bear market, Perkins Mid is likely to outperform the market.

Risk-Adjusted Performance

13 of 100

 
Low
 
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Compared to the overall equity markets, risk-adjusted returns on investments in Perkins Mid Cap are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly fragile basic indicators, Perkins Mid may actually be approaching a critical reversion point that can send shares even higher in April 2024.
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Expense Ratio Date28th of October 2022
Expense Ratio0.5900
  

Perkins Mid Relative Risk vs. Return Landscape

If you would invest  1,498  in Perkins Mid Cap on December 29, 2023 and sell it today you would earn a total of  116.00  from holding Perkins Mid Cap or generate 7.74% return on investment over 90 days. Perkins Mid Cap is currently producing 0.1228% returns and takes up 0.7095% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Perkins, and 98% 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 Perkins Mid is expected to generate 1.08 times less return on investment than the market. In addition to that, the company is 1.24 times more volatile than its market benchmark. It trades about 0.17 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of volatility.

Perkins Mid Current Valuation

Fairly Valued
Today
16.14
Please note that Perkins Mid's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Perkins Mid Cap holds a recent Real Value of $15.97 per share. The prevailing price of the fund is $16.14. We determine the value of Perkins Mid Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Perkins Mid Cap is useful when determining the fair value of the Perkins mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Perkins Mid. Since Perkins Mid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Perkins Mutual Fund. However, Perkins Mid'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  16.14 Real  15.97 Hype  16.14 Naive  16.18
The real value of Perkins Mutual Fund, also known as its intrinsic value, is the underlying worth of Perkins Mid Cap Mutual Fund, which is reflected in its stock price. It is based on Perkins Mid's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Perkins Mid'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 Perkins Mid'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.
15.97
Real Value
16.62
Upside
Estimating the potential upside or downside of Perkins Mid Cap helps investors to forecast how Perkins 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 Perkins Mid more accurately as focusing exclusively on Perkins Mid's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.1316.1516.17
Details
Hype
Prediction
LowEstimatedHigh
15.4916.1416.79
Details
Naive
Forecast
LowNext ValueHigh
15.5316.1816.83
Details

Perkins Mid Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Perkins Mid's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Perkins Mid Cap, and traders can use it to determine the average amount a Perkins Mid'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 = 0.1731

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Estimated Market Risk

 0.71
  actual daily
6
94% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Perkins Mid is performing at about 13% 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 Perkins Mid by adding it to a well-diversified portfolio.

Perkins Mid Fundamentals Growth

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

About Perkins Mid Performance

To evaluate Perkins Mid Cap 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 Perkins Mid 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 Perkins 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 Perkins Mid Cap market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Perkins'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 invests at least 80 percent of its net assets in equity securities of companies whose market capitalization falls, at the time of purchase, within the capitalization range of the Russell Midcap Value Index. The fund may invest, under normal circumstances, up to 20 percent of its net assets in securities of companies having market capitalizations outside of the aforementioned market capitalization ranges.

Things to note about Perkins Mid Cap performance evaluation

Checking the ongoing alerts about Perkins Mid for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Perkins Mid Cap 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 96.48% of its assets under management (AUM) in equities
Evaluating Perkins Mid's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Perkins Mid's mutual fund performance include:
  • Analyzing Perkins Mid'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 Perkins Mid's stock is overvalued or undervalued compared to its peers.
  • Examining Perkins Mid'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 Perkins Mid's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Perkins Mid's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Perkins Mid's mutual fund. These opinions can provide insight into Perkins Mid's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Perkins Mid's mutual fund performance is not an exact science, and many factors can impact Perkins Mid'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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Perkins Mid Cap. 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 Perkins Mid Cap information on this page should be used as a complementary analysis to other Perkins Mid'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Perkins Mutual Fund analysis

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