Azzad Ethical Fund Manager Performance Evaluation
| ADJEX Fund | USD 16.33 0.30 1.87% |
The fund shows a Beta (market volatility) of 0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Azzad Ethical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Azzad Ethical is expected to be smaller as well.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Azzad Ethical Fund has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's technical and fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...more1 | Ajax lead fund raising support for Babangida after car accident - The Nation Newspaper | 12/13/2024 |
| Expense Ratio Date | 1st of November 2022 | |
| Expense Ratio | 0.9900 |
Azzad |
Azzad Ethical Relative Risk vs. Return Landscape
If you would invest 1,759 in Azzad Ethical Fund on October 9, 2024 and sell it today you would lose (126.00) from holding Azzad Ethical Fund or give up 7.16% of portfolio value over 90 days. Azzad Ethical Fund is currently producing negative expected returns and takes up 1.321% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Azzad, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Azzad Ethical Current Valuation
Fairly Valued
Today
Please note that Azzad Ethical's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Azzad Ethical shows a prevailing Real Value of $16.54 per share. The current price of the fund is $16.33. We determine the value of Azzad Ethical from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Azzad Ethical is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Azzad Mutual Fund. However, Azzad Ethical'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 16.33 | Real 16.54 | Hype 16.21 |
The intrinsic value of Azzad Ethical'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 Azzad Ethical'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 Azzad Ethical Fund helps investors to forecast how Azzad 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 Azzad Ethical more accurately as focusing exclusively on Azzad Ethical's fundamentals will not take into account other important factors: Azzad Ethical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Azzad Ethical's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Azzad Ethical Fund, and traders can use it to determine the average amount a Azzad Ethical'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 = -0.0856
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| Negative Returns | ADJEX |
Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Azzad Ethical is not performing at its full potential. However, 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 Azzad Ethical by adding Azzad Ethical to a well-diversified portfolio.
Azzad Ethical Fundamentals Growth
Azzad Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Azzad Ethical, and Azzad Ethical 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 Azzad Mutual Fund performance.
| Price To Earning | 21.94 X | ||||
| Price To Book | 4.24 X | ||||
| Price To Sales | 1.60 X | ||||
About Azzad Ethical Performance
Evaluating Azzad Ethical's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Azzad Ethical has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Azzad Ethical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its objective by investing primarily in common stocks of mid-capitalization companies that the Adviser believes are high quality andor exhibit above-average growth potential, which, for the purposes of this fund, typically are companies with market capitalizations similar to those issuers included in the index over the last 13 months at the time of purchase. It will invest at least 80 percent of its assets in securities meeting the funds ethical investment criteria.Things to note about Azzad Ethical performance evaluation
Checking the ongoing alerts about Azzad Ethical for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Azzad Ethical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Azzad Ethical generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Ajax lead fund raising support for Babangida after car accident - The Nation Newspaper | |
| The fund generated three year return of -2.0% | |
| Azzad Ethical holds 97.01% of its assets under management (AUM) in equities |
- Analyzing Azzad Ethical'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 Azzad Ethical's stock is overvalued or undervalued compared to its peers.
- Examining Azzad Ethical'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 Azzad Ethical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Azzad Ethical's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Azzad Ethical's mutual fund. These opinions can provide insight into Azzad Ethical's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Azzad Mutual Fund
Azzad Ethical financial ratios help investors to determine whether Azzad Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Azzad with respect to the benefits of owning Azzad Ethical security.
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