JAPAN Mutual Fund Manager Performance Evaluation

The entity retains a Market Volatility (i.e., Beta) of -0.0544, which attests to not very significant fluctuations relative to the market. Let's try to break down what JAPAN's beta means in this case. As returns on the market increase, returns on owning JAPAN 2X are expected to decrease at a much lower rate. During the bear market, JAPAN 2X is likely to outperform the market. Although it is vital to follow JAPAN 2X STRATEGY current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The way of 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 examining JAPAN 2X STRATEGY technical indicators, you can today evaluate if the expected return of 0.41% will be sustainable into the future.
  
JAPAN Performance
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Over the last 90 days JAPAN 2X STRATEGY has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, JAPAN 2X 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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Fifty Two Week Low76.93
Fifty Two Week High169.73

JAPAN 2X Relative Risk vs. Return Landscape

If you would invest  8,195  in JAPAN 2X STRATEGY on October 31, 2022 and sell it today you would earn a total of  2,181  from holding JAPAN 2X STRATEGY or generate 26.61% return on investment over 90 days. JAPAN 2X STRATEGY is currently producing 0.4124% returns and takes up 2.5367% volatility of returns over 90 trading days. Put another way, 22% of traded mutual funds are less volatile than JAPAN, and 92% 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 JAPAN 2X is expected to generate 2.26 times more return on investment than the market. However, the company is 2.26 times more volatile than its market benchmark. It trades about 0.16 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.12 per unit of risk.

JAPAN 2X Current Valuation

Undervalued
Today 103.76
Please note that JAPAN 2X's price fluctuation is out of control at this time.
JAPAN 2X STRATEGY regular Real Value cannot be determined due to lack of data. The prevalent price of JAPAN 2X STRATEGY is $103.76. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of JAPAN 2X STRATEGY from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, in the future, mutual fund prices and their ongoing real values will come together.
Our valuation method for JAPAN 2X STRATEGY is useful when determining the fair value of the JAPAN mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of JAPAN 2X. Since JAPAN 2X is currently traded on the exchange, buyers and sellers on that exchange determine the market value of JAPAN Mutual Fund. However, JAPAN 2X'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.
0.00
Real Value
2.54
Upside
Estimating the potential upside or downside of JAPAN 2X STRATEGY helps investors to forecast how JAPAN 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 JAPAN 2X more accurately as focusing exclusively on JAPAN 2X's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
84.6795.57106.46
Details
Hype
Prediction
LowEstimated ValueHigh
0.000.002.54
Details
Naive
Forecast
LowNext ValueHigh
103.06105.59108.13
Details

JAPAN 2X Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for JAPAN 2X's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as JAPAN 2X STRATEGY, and traders can use it to determine the average amount a JAPAN 2X'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 = 0.1626

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Estimated Market Risk
 2.54
  actual daily
 
 22 %
of total potential
 
2222
Expected Return
 0.41
  actual daily
 
 8 %
of total potential
 
88
Risk-Adjusted Return
 0.16
  actual daily
 
 12 %
of total potential
 
1212
Based on monthly moving average JAPAN 2X is performing at about 12% 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 JAPAN 2X by adding it to a well-diversified portfolio.

About JAPAN 2X Performance

To evaluate JAPAN 2X STRATEGY 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 JAPAN 2X 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 JAPAN 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 JAPAN 2X STRATEGY market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents JAPAN'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 employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and derivative instruments. Rydex Srs is traded on NASDAQ Exchange in the United States.

Things to note about JAPAN 2X STRATEGY

Checking the ongoing alerts about JAPAN 2X for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for JAPAN 2X STRATEGY help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Additionally, take a look at Your Equity Center. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for analysis

When running JAPAN 2X STRATEGY price analysis, check to measure JAPAN 2X'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 JAPAN 2X is operating at the current time. Most of JAPAN 2X's value examination focuses on studying past and present price action to predict the probability of JAPAN 2X's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move JAPAN 2X's price. Additionally, you may evaluate how the addition of JAPAN 2X to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between JAPAN 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine JAPAN 2X value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JAPAN 2X'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.