Kinetics Mutual Fund Manager Performance Evaluation

WWWEX -  USA Fund  

USD 8.42  0.06  0.72%

The fund secures a Beta (Market Risk) of 0.7, which conveys possible diversification benefits within a given portfolio. Let's try to break down what Kinetics's beta means in this case. As returns on the market increase, Kinetics Global returns are expected to increase less than the market. However, during the bear market, the loss on holding Kinetics Global will be expected to be smaller as well. Even though it is essential to pay attention to Kinetics The Global price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Kinetics Global exposes twenty-six different technical indicators, which can help you to evaluate its performance.
  
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Kinetics Performance
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Over the last 90 days Kinetics The Global has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Kinetics Global 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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Kinetics Price Channel

Fifty Two Week Low8.20
Fifty Two Week High11.25

Kinetics Global Relative Risk vs. Return Landscape

If you would invest  848.00  in Kinetics The Global on February 22, 2022 and sell it today you would lose (12.00)  from holding Kinetics The Global or give up 1.42% of portfolio value over 90 days. Kinetics The Global is currently producing negative expected returns and takes up 1.3294% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Kinetics, 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 Kinetics Global is expected to generate 1.0 times more return on investment than the market. However, the company is 1.0 times less risky than the market. It trades about -0.01 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

Kinetics Global Current Valuation

Fairly Valued
Today 8.42
Share
Please note that Kinetics Global's price fluctuation is not too volatile at this time.
Kinetics The Global secures a last-minute Real Value of $8.49 per share. The latest price of the fund is $8.42. At this time, the fund appears to be fairly valued. We determine the value of Kinetics The Global from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued stocks and dropping overvalued stocks since, at some point, stock prices and their ongoing real values will merge together.
Our valuation method for Kinetics The Global is useful when determining the fair value of the Kinetics mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Kinetics Global. Since Kinetics Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Kinetics Mutual Fund. However, Kinetics Global'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.
8.49
Real Value
9.82
Upside
Estimating the potential upside or downside of Kinetics The Global helps investors to forecast how Kinetics 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 Kinetics Global more accurately as focusing exclusively on Kinetics Global's fundamentals will not take into account other important factors:
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Band Projection (param)
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7.998.509.00
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Hype
Prediction
LowEstimated ValueHigh
7.038.369.69
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Potential
Annual Dividend
LowIncome Per ShareHigh
0.10.10.1
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Kinetics Global Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinetics Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Kinetics The Global, and traders can use it to determine the average amount a Kinetics Global'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 = -0.0102

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Estimated Market Risk
 1.33
  actual daily
 
 11 %
of total potential
 
1111
Expected Return
 -0.01
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.01
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 0 %
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00
Based on monthly moving average Kinetics Global is performing at about 0% 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 Kinetics Global by adding it to a well-diversified portfolio.

About Kinetics Global Performance

To evaluate Kinetics The Global 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 Kinetics Global 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 Kinetics 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 Kinetics The Global 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 Kinetics'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 is a diversified fund that invests all of its investable assets in the Global Portfolio, a series of Kinetics Portfolios Trust. Kinetics Global is traded on NASDAQ Exchange in the United States.

Things to note about Kinetics The Global

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

Kinetics Global Alerts

Equity Alerts and Improvement Suggestions

Kinetics The Global generated a negative expected return over the last 90 days
Kinetics The Global is unlikely to experience financial distress in the next 2 years
Latest headline from www.exyuaviation.com: New Slovenian government rules out new flag carrier - EX-YU Aviation News
The fund keeps about 39.65% of its net assets in cash
Check out Your Current Watchlist. Note that the Kinetics The Global information on this page should be used as a complementary analysis to other Kinetics Global'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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