NASDAQ-100 Mutual Fund Manager Performance Evaluation

Mutual Funds . USA . 
Fund . NASDAQ-100 INDEX FUND
NDXKX Fund  USD 26.42  0.33  1.26%   
The entity secures a Beta (Market Risk) of 1.1722, which conveys a somewhat significant risk relative to the market. Let's try to break down what NASDAQ-100's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NASDAQ-100 INDEX will likely underperform. Although it is vital to follow NASDAQ-100 INDEX FUND price patterns, it is good to be conservative about what you can do with the information regarding equity historical 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 inspecting NASDAQ-100 INDEX FUND technical indicators, you can now evaluate if the expected return of 0.28% will be sustainable into the future.
  

NASDAQ-100 Performance

14 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in NASDAQ-100 INDEX FUND are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward-looking signals, NASDAQ-100 INDEX showed solid returns over the last few months and may actually be approaching a breakup point.
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Fifty Two Week Low22.84
Fifty Two Week High35.99

NASDAQ-100 INDEX Relative Risk vs. Return Landscape

If you would invest  2,246  in NASDAQ-100 INDEX FUND on December 24, 2022 and sell it today you would earn a total of  396.00  from holding NASDAQ-100 INDEX FUND or generate 17.63% return on investment over 90 days. NASDAQ-100 INDEX FUND is currently producing 0.2816% returns and takes up 1.4706% volatility of returns over 90 trading days. Put another way, 12% of traded mutual funds are less volatile than NASDAQ-100, and 95% 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 NASDAQ-100 INDEX is expected to generate 1.53 times more return on investment than the market. However, the company is 1.53 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.06 per unit of risk.

NASDAQ-100 INDEX Current Valuation

Undervalued
Today 26.42
Please note that NASDAQ-100 INDEX's price fluctuation is very steady at this time.
NASDAQ-100 INDEX FUND secures a last-minute Real Value of $28.19 per share. The latest price of the fund is $26.42. At this time, the entity appears to be undervalued. We determine the value of NASDAQ-100 INDEX FUND from inspecting 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 future time, mutual fund prices and their ongoing real values will merge together.
Our valuation method for NASDAQ-100 INDEX FUND is useful when determining the fair value of the NASDAQ-100 mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of NASDAQ-100 INDEX. Since NASDAQ-100 INDEX is currently traded on the exchange, buyers and sellers on that exchange determine the market value of NASDAQ-100 Mutual Fund. However, NASDAQ-100 INDEX'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.
28.19
Real Value
29.66
Upside
Estimating the potential upside or downside of NASDAQ-100 INDEX FUND helps investors to forecast how NASDAQ-100 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 NASDAQ-100 INDEX more accurately as focusing exclusively on NASDAQ-100 INDEX's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.4925.5926.69
Details
Hype
Prediction
LowEstimated ValueHigh
24.9526.4227.89
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.270.270.28
Details

NASDAQ-100 INDEX Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for NASDAQ-100 INDEX's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as NASDAQ-100 INDEX FUND, and traders can use it to determine the average amount a NASDAQ-100 INDEX'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 = 0.1915

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsNDXKX
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.47
  actual daily
 12 
88% of assets are more volatile
1212

Expected Return

 0.28
  actual daily
 5 
95% of assets have higher returns
55

Risk-Adjusted Return

 0.19
  actual daily
 14 
86% of assets perform better
1414
Based on monthly moving average NASDAQ-100 INDEX is performing at about 14% 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 NASDAQ-100 INDEX by adding it to a well-diversified portfolio.

NASDAQ-100 INDEX Fundamentals Growth

NASDAQ-100 Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of NASDAQ-100 INDEX, and NASDAQ-100 INDEX 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 NASDAQ-100 Mutual Fund performance.
Price to Earning21.39 X
Price to Book4.56 X
Price to Sales2.82 X
Total Asset882.77 M
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