Income Mutual Fund Manager Performance Evaluation

AMEFX -  USA Fund  

USD 25.89  0.12  0.46%

The fund retains a Market Volatility (i.e., Beta) of -0.1801, which attests to not very significant fluctuations relative to the market. Let's try to break down what Income's beta means in this case. As returns on the market increase, returns on owning Income Fund are expected to decrease at a much lower rate. During the bear market, Income Fund is likely to outperform the market. Although it is extremely important to respect Income Fund current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining 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 evaluating Income Fund technical indicators, you can presently evaluate if the expected return of 0.0151% will be sustainable into the future.

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 Income Performance
2 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in The Income Fund are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Income Fund is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low21.38
Fifty Two Week High26.30
Annual Report Expense Ratio0.37%

Income Fund Relative Risk vs. Return Landscape

If you would invest  2,567  in The Income Fund on May 5, 2021 and sell it today you would earn a total of  22.00  from holding The Income Fund or generate 0.86% return on investment over 90 days. The Income Fund is currently producing 0.0151% returns and takes up 0.5273% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Income, 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 Income Fund is expected to generate 2.87 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.42 times less risky than the market. It trades about 0.03 of its potential returns per unit of risk. The DOW is currently generating roughly 0.06 of returns per unit of risk over similar time horizon.

Income Fund Current Valuation

Overvalued
Today
25.89
3rd of August 2021
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Please note that Income Fund's price fluctuation is very steady at this time.
Income Fund retains a regular Real Value of $24.97 per share. The prevalent price of the fund is $25.89. At this time, the entity appears to be overvalued. We determine the value of Income Fund from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued assets and dropping overvalued assets since, at some point, stock prices and their ongoing real values will come together.
Our valuation method for The Income Fund is useful when determining the fair value of the Income mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Income Fund. Since Income Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Income Mutual Fund. However, Income Fund'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.
24.97
Real Value
28.48
Upside
Estimating the potential upside or downside of The Income Fund helps investors to forecast how Income 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 Income Fund more accurately as focusing exclusively on Income Fund's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.6825.8626.03
Details
Hype
Prediction
LowEstimated ValueHigh
25.3625.8926.42
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.690.700.71
Details

Income Fund Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Income Fund's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as The Income Fund, and traders can use it to determine the average amount a Income Fund'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 = 0.0287

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Estimated Market Risk
 0.53
  actual daily
 
 4 %
of total potential
 
44
Expected Return
 0.02
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.03
  actual daily
 
 2 %
of total potential
 
22
Based on monthly moving average Income Fund is performing at about 2% 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 Income Fund by adding it to a well-diversified portfolio.

About Income Fund Performance

To evaluate Income 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 Income Fund 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 Income 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 Income Fund 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 Income'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 investment seeks to provide investors with current income while secondarily striving for capital growth. Income Fund is traded on NASDAQ Exchange in the United States.

Things to note about Income Fund

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

Income Fund Alerts

Equity Alerts and Improvement Suggestions

Income Fund is unlikely to experience financial distress in the next 2 years
On 14th of June 2021 Income Fund paid $ 0.178 per share dividend to its current shareholders
The fund holds about 20.12% of its assets under management (AUM) in fixed income securities
Please continue to Trending Equities. Note that the Income Fund information on this page should be used as a complementary analysis to other Income Fund'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Income Mutual Fund analysis

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