Mh Elite Select Fund Manager Performance Evaluation
| MHESX Fund | USD 5.61 0.02 0.36% |
The fund owns a Beta (Systematic Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mh Elite's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mh Elite is expected to be smaller as well.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Mh Elite Select has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Mh Elite is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 2.0400 |
MHESX |
Mh Elite Relative Risk vs. Return Landscape
If you would invest 573.00 in Mh Elite Select on October 11, 2024 and sell it today you would lose (12.00) from holding Mh Elite Select or give up 2.09% of portfolio value over 90 days. Mh Elite Select is currently producing negative expected returns and takes up 0.7776% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than MHESX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mh Elite Current Valuation
Undervalued
Today
Please note that Mh Elite's price fluctuation is not too volatile at this time. At this time, the fund appears to be undervalued. Mh Elite Select owns a latest Real Value of $6.06 per share. The recent price of the fund is $5.61. We determine the value of Mh Elite Select 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, in the future, mutual fund prices and their ongoing real values will come together.
Since Mh Elite is currently traded on the exchange, buyers and sellers on that exchange determine the market value of MHESX Mutual Fund. However, Mh Elite'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 5.61 | Real 6.06 | Hype 8.93 |
The intrinsic value of Mh Elite'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 Mh Elite'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 Mh Elite Select helps investors to forecast how MHESX 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 Mh Elite more accurately as focusing exclusively on Mh Elite's fundamentals will not take into account other important factors: Mh Elite Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mh Elite's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mh Elite Select, and traders can use it to determine the average amount a Mh Elite'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 = -0.0408
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MHESX |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mh Elite 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 Mh Elite by adding Mh Elite to a well-diversified portfolio.
Mh Elite Fundamentals Growth
MHESX Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mh Elite, and Mh Elite 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 MHESX Mutual Fund performance.
| Price To Earning | 19.40 X | ||||
| Price To Book | 2.26 X | ||||
| Price To Sales | 1.41 X | ||||
| Total Asset | 7.67 M | ||||
About Mh Elite Performance
Evaluating Mh Elite's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mh Elite 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 Mh Elite 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 at least 80 percent of its total assets in 15 to 25 unaffiliated open-end mutual funds . It will invest at least 50 percent of its total assets in underlying funds that invest in non-U.S. companies. The fund may invest in longshort andor short only funds. An underlying fund may also use derivatives such as options and futures contracts as a substitute for investing directly in equity securities.Things to note about Mh Elite Select performance evaluation
Checking the ongoing alerts about Mh Elite for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mh Elite Select help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mh Elite Select generated a negative expected return over the last 90 days | |
| The fund generated three year return of -6.0% | |
| Mh Elite Select maintains about 17.14% of its assets in cash |
- Analyzing Mh Elite'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 Mh Elite's stock is overvalued or undervalued compared to its peers.
- Examining Mh Elite'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 Mh Elite's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mh Elite's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mh Elite's mutual fund. These opinions can provide insight into Mh Elite's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in MHESX Mutual Fund
Mh Elite financial ratios help investors to determine whether MHESX 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 MHESX with respect to the benefits of owning Mh Elite security.
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| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |