MKRIX Mutual Fund Manager Performance Evaluation

MKRIX -  USA Fund  

USD 14.82  0.06  0.41%

The fund owns a Beta (Systematic Risk) of 0.0036, which conveys not very significant fluctuations relative to the market. Let's try to break down what MKRIX's beta means in this case. As returns on the market increase, Mm MSCI returns are expected to increase less than the market. However, during the bear market, the loss on holding Mm MSCI will be expected to be smaller as well. Although it is extremely important to respect Mm MSCI EAFE existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach into estimating 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 examining Mm MSCI EAFE technical indicators, you can today evaluate if the expected return of 0.025% will be sustainable into the future.

MKRIX Mutual Fund Performance 

 
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 MKRIX Performance
2 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Mm MSCI EAFE are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Mm MSCI is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low11.49
Fifty Two Week High15.22
Annual Report Expense Ratio0.35%

Mm MSCI Relative Risk vs. Return Landscape

If you would invest  1,436  in Mm MSCI EAFE on July 21, 2021 and sell it today you would earn a total of  40.00  from holding Mm MSCI EAFE or generate 2.79% return on investment over 90 days. Mm MSCI EAFE is currently producing 0.025% returns and takes up 0.783% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than MKRIX, 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 Mm MSCI is expected to generate 1.59 times less return on investment than the market. In addition to that, the company is 1.07 times more volatile than its market benchmark. It trades about 0.03 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of volatility.

Mm MSCI Current Valuation

Undervalued
Today
14.82
19th of October 2021
Share
Please note that Mm MSCI's price fluctuation is very steady at this time.
Mm MSCI EAFE owns a latest Real Value of $16.12 per share. The recent price of the fund is $14.82. At this time, the fund appears to be undervalued. We determine the value of Mm MSCI EAFE from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued equities and dropping overvalued equities since, in the future, stock prices and their ongoing real values will come together.
Our valuation method for Mm MSCI EAFE is useful when determining the fair value of the MKRIX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Mm MSCI. Since Mm MSCI is currently traded on the exchange, buyers and sellers on that exchange determine the market value of MKRIX Mutual Fund. However, Mm MSCI'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.
16.12
Real Value
16.90
Upside
Estimating the potential upside or downside of Mm MSCI EAFE helps investors to forecast how MKRIX 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 Mm MSCI more accurately as focusing exclusively on Mm MSCI's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.4314.5914.91
Details
Hype
Prediction
LowEstimated ValueHigh
14.0414.8215.60
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.280.290.29
Details

Mm MSCI Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mm MSCI's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mm MSCI EAFE, and traders can use it to determine the average amount a Mm MSCI'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 = 0.032

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Estimated Market Risk
 0.78
  actual daily
 
 6 %
of total potential
 
66
Expected Return
 0.03
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.03
  actual daily
 
 2 %
of total potential
 
22
Based on monthly moving average Mm MSCI 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 Mm MSCI by adding it to a well-diversified portfolio.

About Mm MSCI Performance

To evaluate Mm MSCI EAFE 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 Mm MSCI 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 MKRIX 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 Mm MSCI EAFE 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 MKRIX'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 investment results approximating the aggregate price and dividend performance of the securities included in the MSCI EAFE Index. Mm MSCI is traded on NASDAQ Exchange in the United States.

Things to note about Mm MSCI EAFE

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

Mm MSCI Alerts

Equity Alerts and Improvement Suggestions

The fund generated three year return of 0.0%
Mm MSCI EAFE maintains 96.73% of its assets in stocks
Additionally, see Stocks Correlation. Note that the Mm MSCI EAFE information on this page should be used as a complementary analysis to other Mm MSCI'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for MKRIX Mutual Fund analysis

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