Parametric Emerging Markets Fund Manager Performance Evaluation
| EIEMX Fund | USD 14.18 0.01 0.07% |
The fund holds a Beta of 0.54, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Parametric Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Parametric Emerging is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Parametric Emerging Markets are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong primary indicators, Parametric Emerging 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 | 1st of June 2023 | |
| Expense Ratio | 1.2400 |
Parametric |
Parametric Emerging Relative Risk vs. Return Landscape
If you would invest 1,383 in Parametric Emerging Markets on March 19, 2024 and sell it today you would earn a total of 35.00 from holding Parametric Emerging Markets or generate 2.53% return on investment over 90 days. Parametric Emerging Markets is currently producing 0.0498% returns and takes up 0.5953% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Parametric, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Parametric Emerging Current Valuation
Undervalued
Today
Please note that Parametric Emerging's price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. Parametric Emerging recent Real Value cannot be determined due to lack of data. The prevailing price of Parametric Emerging is $14.18. We determine the value of Parametric Emerging 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.
Since Parametric Emerging is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parametric Mutual Fund. However, Parametric Emerging'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 14.18 | Real 0.0 | Hype 0.0 | Naive 14.05 |
The intrinsic value of Parametric Emerging'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 Parametric Emerging'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 Parametric Emerging Markets helps investors to forecast how Parametric 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 Parametric Emerging more accurately as focusing exclusively on Parametric Emerging's fundamentals will not take into account other important factors: Parametric Emerging Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parametric Emerging's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Parametric Emerging Markets, and traders can use it to determine the average amount a Parametric Emerging'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 = 0.0837
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EIEMX |
Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Parametric Emerging is performing at about 6% 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 Parametric Emerging by adding it to a well-diversified portfolio.
Parametric Emerging Fundamentals Growth
Parametric Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Parametric Emerging, and Parametric Emerging 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 Parametric Mutual Fund performance.
| Price To Earning | 13.07 X | |||
| Price To Book | 1.28 X | |||
| Price To Sales | 1.02 X | |||
| Total Asset | 172.34 M | |||
About Parametric Emerging Performance
To evaluate Parametric Emerging 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 Parametric Emerging 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 Parametric 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 Parametric Emerging market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Parametric'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 equity securities of companies located in emerging market countries. The advisor intends to invest primarily in securities issued by companies located in countries included in the MSCI Emerging Markets Index or the MSCI Frontier Markets Index. It may invest in securities issued by companies with a broad range of market capitalizations. More than 25 percent of its total assets may be denominated in any single currency.Things to note about Parametric Emerging performance evaluation
Checking the ongoing alerts about Parametric Emerging for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Parametric Emerging help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Parametric Emerging retains 98.97% of its assets under management (AUM) in equities |
- Analyzing Parametric Emerging'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 Parametric Emerging's stock is overvalued or undervalued compared to its peers.
- Examining Parametric Emerging'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 Parametric Emerging's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parametric Emerging's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Parametric Emerging's mutual fund. These opinions can provide insight into Parametric Emerging's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Parametric Mutual Fund
Parametric Emerging financial ratios help investors to determine whether Parametric Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Parametric with respect to the benefits of owning Parametric Emerging security.
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| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |