Parametric Modity Strategy Fund Manager Performance Evaluation
| EAPCX Fund | USD 6.52 0.02 0.31% |
The fund holds a Beta of -0.048, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Parametric Commodity are expected to decrease at a much lower rate. During the bear market, Parametric Commodity is likely to outperform the market.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Parametric Modity Strategy are ranked lower than 16 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak fundamental indicators, Parametric Commodity may actually be approaching a critical reversion point that can send shares even higher in March 2025.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 0.9300 |
Parametric |
Parametric Commodity Relative Risk vs. Return Landscape
If you would invest 609.00 in Parametric Modity Strategy on November 19, 2024 and sell it today you would earn a total of 43.00 from holding Parametric Modity Strategy or generate 7.06% return on investment over 90 days. Parametric Modity Strategy is currently producing 0.1153% returns and takes up 0.5511% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Parametric, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Parametric Commodity Current Valuation
Fairly Valued
Today
Please note that Parametric Commodity's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Parametric Commodity holds a recent Real Value of $6.39 per share. The prevailing price of the fund is $6.52. We determine the value of Parametric Commodity from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Parametric Commodity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parametric Mutual Fund. However, Parametric Commodity'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 6.52 | Real 6.39 | Hype 6.52 | Naive 6.56 |
The intrinsic value of Parametric Commodity'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 Parametric Commodity'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 Parametric Modity Strategy helps investors to forecast how Parametric 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 Parametric Commodity more accurately as focusing exclusively on Parametric Commodity's fundamentals will not take into account other important factors: Parametric Commodity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parametric Commodity's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Parametric Modity Strategy, and traders can use it to determine the average amount a Parametric Commodity'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 = 0.2092
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | EAPCX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Parametric Commodity is performing at about 16% 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 Parametric Commodity by adding it to a well-diversified portfolio.
Parametric Commodity Fundamentals Growth
Parametric Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Parametric Commodity, and Parametric Commodity 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 Parametric Mutual Fund performance.
| Total Asset | 120.78 M | ||||
About Parametric Commodity Performance
Evaluating Parametric Commodity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Parametric Commodity 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 Parametric Commodity 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 invests primarily in commodity-linked derivative instruments backed by a portfolio of fixed-income securities. The funds portfolio of fixed-income securities is generally comprised of U.S. Treasury securities and money market instruments. The average portfolio duration of the funds fixed-income portfolio will vary and under normal market conditions is not expected to exceed one year. Commodity-linked derivative instruments include commodity index-linked swap agreements, futures, and commodity linked notes.Things to note about Parametric Commodity performance evaluation
Checking the ongoing alerts about Parametric Commodity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Parametric Commodity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Parametric Commodity'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 Parametric Commodity's stock is overvalued or undervalued compared to its peers.
- Examining Parametric Commodity'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 Parametric Commodity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Parametric Commodity's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Parametric Commodity's mutual fund. These opinions can provide insight into Parametric Commodity's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Parametric Mutual Fund
Parametric Commodity financial ratios help investors to determine whether Parametric 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 Parametric with respect to the benefits of owning Parametric Commodity security.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |