Mid Cap Index Fund Manager Performance Evaluation
VMIDX Fund | USD 25.69 0.33 1.30% |
The fund secures a Beta (Market Risk) of 1.37, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Mid Cap will likely underperform.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Mid Cap Index are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Mid Cap is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreExpense Ratio | 0.3600 |
Mid |
Mid Cap Relative Risk vs. Return Landscape
If you would invest 2,436 in Mid Cap Index on January 25, 2024 and sell it today you would earn a total of 133.00 from holding Mid Cap Index or generate 5.46% return on investment over 90 days. Mid Cap Index is currently producing 0.0886% returns and takes up 0.926% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Mid, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Mid Cap Current Valuation
Fairly Valued
Today
Please note that Mid Cap's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mid Cap Index secures a last-minute Real Value of $25.66 per share. The latest price of the fund is $25.69. We determine the value of Mid Cap Index from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend 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 Mid Cap Index is useful when determining the fair value of the Mid mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Mid Cap. Since Mid Cap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mid Mutual Fund. However, Mid Cap'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 25.69 | Real 25.66 | Hype 25.69 | Naive 25.29 |
The real value of Mid Mutual Fund, also known as its intrinsic value, is the underlying worth of Mid Cap Index Mutual Fund, which is reflected in its stock price. It is based on Mid Cap's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Mid Cap'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 Mid Cap'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 Mid Cap Index helps investors to forecast how Mid 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 Mid Cap more accurately as focusing exclusively on Mid Cap's fundamentals will not take into account other important factors: Mid Cap Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mid Cap's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mid Cap Index, and traders can use it to determine the average amount a Mid Cap'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 = 0.0957
Best Portfolio | Best Equity | |||
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Cash | VMIDX | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Mid Cap is performing at about 7% 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 Mid Cap by adding it to a well-diversified portfolio.
Mid Cap Fundamentals Growth
Mid Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mid Cap, and Mid Cap 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 Mid Mutual Fund performance.
Price To Earning | 19.42 X | |||
Price To Book | 2.08 X | |||
Price To Sales | 1.16 X | |||
Total Asset | 3.81 B | |||
About Mid Cap Performance
To evaluate Mid Cap Index 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 Mid Cap 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 Mid 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 Mid Cap Index market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Mid'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 managed to seek to track the performance of the index, which measures the performance of the mid-capitalization sector of the U.S. equity market. Under normal circumstances, at least 80 percent of its net assets are invested in stocks that are in the index.Things to note about Mid Cap Index performance evaluation
Checking the ongoing alerts about Mid Cap for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mid Cap Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.The fund keeps 99.14% of its net assets in stocks |
- Analyzing Mid Cap'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 Mid Cap's stock is overvalued or undervalued compared to its peers.
- Examining Mid Cap'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 Mid Cap's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mid Cap's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mid Cap's mutual fund. These opinions can provide insight into Mid Cap's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Mid Cap Index. 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 unemployment. Note that the Mid Cap Index information on this page should be used as a complementary analysis to other Mid Cap'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.