Midas Special Fund Manager Performance Evaluation
| MISEX Fund | USD 35.92 0.12 0.33% |
The fund secures a Beta (Market Risk) of 0.76, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Midas Special's returns are expected to increase less than the market. However, during the bear market, the loss of holding Midas Special is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Midas Special Fund are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Midas Special may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more1 | Kasikorn Asset Management launches K-BL30-ThaiESG, a mixed investment in stocks and debt instruments, with an IPO on November 26 December 2. - | 11/26/2024 |
| Expense Ratio Date | 28th of April 2023 | |
| Expense Ratio | 4.6900 |
Midas |
Midas Special Relative Risk vs. Return Landscape
If you would invest 3,255 in Midas Special Fund on September 16, 2024 and sell it today you would earn a total of 337.00 from holding Midas Special Fund or generate 10.35% return on investment over 90 days. Midas Special Fund is currently producing 0.1552% returns and takes up 0.8544% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Midas, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Midas Special Current Valuation
Undervalued
Today
Please note that Midas Special's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Midas Special secures a last-minute Real Value of $38.76 per share. The latest price of the fund is $35.92. We determine the value of Midas Special from analyzing 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, at some point, mutual fund prices and their ongoing real values will merge together.
Since Midas Special is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Midas Mutual Fund. However, Midas Special'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 35.92 | Real 38.76 | Hype 35.93 | Naive 36.38 |
The intrinsic value of Midas Special'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 Midas Special'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 Midas Special Fund helps investors to forecast how Midas 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 Midas Special more accurately as focusing exclusively on Midas Special's fundamentals will not take into account other important factors: Midas Special Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Midas Special's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Midas Special Fund, and traders can use it to determine the average amount a Midas Special'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 = 0.1817
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MISEX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Midas Special is performing at about 14% 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 Midas Special by adding it to a well-diversified portfolio.
Midas Special Fundamentals Growth
Midas Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Midas Special, and Midas Special 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 Midas Mutual Fund performance.
| Price To Earning | 8.92 X | ||||
| Price To Book | 1.95 X | ||||
| Price To Sales | 1.29 X | ||||
About Midas Special Performance
Evaluating Midas Special's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Midas Special 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 Midas Special 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.
In pursuit of its investment objective, the fund may invest in any security type and in any industry or sector, in domestic or foreign companies, and in companies of any size. Generally, the investment manager seeks to invest in what it believes to be quality companies with unique combinations of strength in operations, products, and finances with either growth or value characteristics. It is non-diversified.Things to note about Midas Special performance evaluation
Checking the ongoing alerts about Midas Special for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Midas Special help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Kasikorn Asset Management launches K-BL30-ThaiESG, a mixed investment in stocks and debt instruments, with an IPO on November 26 December 2. - | |
| The fund maintains all of its assets in stocks |
- Analyzing Midas Special'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 Midas Special's stock is overvalued or undervalued compared to its peers.
- Examining Midas Special'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 Midas Special's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Midas Special's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Midas Special's mutual fund. These opinions can provide insight into Midas Special's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Midas Mutual Fund
Midas Special financial ratios help investors to determine whether Midas 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 Midas with respect to the benefits of owning Midas Special security.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |