Mid Cap Growth Profund Fund Manager Performance Evaluation
| MGPIX Fund | USD 105.90 0.96 0.91% |
The fund secures a Beta (Market Risk) of 1.31, 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 Growth will likely underperform.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Mid Cap Growth Profund are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Mid-cap Growth is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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| Expense Ratio Date | 30th of November 2022 | |
| Expense Ratio | 1.7800 |
Mid-cap |
Mid-cap Growth Relative Risk vs. Return Landscape
If you would invest 10,128 in Mid Cap Growth Profund on February 28, 2024 and sell it today you would earn a total of 462.00 from holding Mid Cap Growth Profund or generate 4.56% return on investment over 90 days. Mid Cap Growth Profund is currently producing 0.0745% returns and takes up 0.8677% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Mid-cap, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mid-cap Growth Current Valuation
Fairly Valued
Today
Please note that Mid-cap Growth's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mid Cap Growth secures a last-minute Real Value of $105.47 per share. The latest price of the fund is $105.9. We determine the value of Mid Cap Growth 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 Growth Profund is useful when determining the fair value of the Mid-cap mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Mid-cap Growth. Since Mid-cap Growth is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mid-cap Mutual Fund. However, Mid-cap Growth'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 105.9 | Real 105.47 | Hype 105.84 |
The real value of Mid-cap Mutual Fund, also known as its intrinsic value, is the underlying worth of Mid Cap Growth Mutual Fund, which is reflected in its stock price. It is based on Mid-cap Growth's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Mid-cap Growth'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 Growth'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 Growth Profund helps investors to forecast how Mid-cap 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 Growth more accurately as focusing exclusively on Mid-cap Growth's fundamentals will not take into account other important factors: Mid-cap Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mid-cap Growth's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mid Cap Growth Profund, and traders can use it to determine the average amount a Mid-cap Growth'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 = 0.0859
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| Cash | MGPIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Mid-cap Growth 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 Mid-cap Growth by adding it to a well-diversified portfolio.
Mid-cap Growth Fundamentals Growth
Mid-cap Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mid-cap Growth, and Mid-cap Growth 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-cap Mutual Fund performance.
| Price To Earning | 0.79 X | |||
| Price To Book | 3.26 X | |||
| Price To Sales | 1.95 X | |||
| Total Asset | 5.03 M | |||
About Mid-cap Growth Performance
To evaluate Mid Cap Growth 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 Growth 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-cap 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 Growth market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Mid-cap'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 in financial instruments that the fund advisors believes, in combination, should track the performance of the index. The index is designed to provide a comprehensive measure of mid-cap U.S. equity growth performance. It is a market capitalization-weighted index comprised of stocks from the SP MidCap 400 that have been identified as being on the growth end of the growth-value spectrum as determined by SP Dow Jones Indices LLC.Things to note about Mid Cap Growth performance evaluation
Checking the ongoing alerts about Mid-cap Growth for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mid Cap Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: iPhone 16 Pro leaks Larger megapixel count and new reflective technology expected Mint - Mint | |
| The fund maintains 99.42% of its assets in stocks |
- Analyzing Mid-cap Growth'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 Growth's stock is overvalued or undervalued compared to its peers.
- Examining Mid-cap Growth'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 Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mid-cap Growth's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mid-cap Growth's mutual fund. These opinions can provide insight into Mid-cap Growth's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid Cap Growth Profund. 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 gross domestic product. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.