Neiman Large Cap Fund Manager Performance Evaluation
| NEIMX Fund | USD 32.57 0.23 0.71% |
The fund secures a Beta (Market Risk) of 0.0664, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Neiman Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Neiman Large is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Neiman Large Cap are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong primary indicators, Neiman Large is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of July 2022 | |
| Expense Ratio | 1.4600 |
Neiman |
Neiman Large Relative Risk vs. Return Landscape
If you would invest 3,189 in Neiman Large Cap on October 26, 2024 and sell it today you would earn a total of 68.00 from holding Neiman Large Cap or generate 2.13% return on investment over 90 days. Neiman Large Cap is currently producing 0.0382% returns and takes up 0.708% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Neiman, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Neiman Large Current Valuation
Fairly Valued
Today
Please note that Neiman Large's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Neiman Large Cap secures a last-minute Real Value of $32.4 per share. The latest price of the fund is $32.57. We determine the value of Neiman Large Cap 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 Neiman Large is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Neiman Mutual Fund. However, Neiman Large'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 32.57 | Real 32.4 | Hype 32.57 | Naive 33.01 |
The intrinsic value of Neiman Large'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 Neiman Large'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 Neiman Large Cap helps investors to forecast how Neiman 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 Neiman Large more accurately as focusing exclusively on Neiman Large's fundamentals will not take into account other important factors: Neiman Large Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neiman Large's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Neiman Large Cap, and traders can use it to determine the average amount a Neiman Large'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 = 0.054
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NEIMX |
Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Neiman Large is performing at about 4% 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 Neiman Large by adding it to a well-diversified portfolio.
Neiman Large Fundamentals Growth
Neiman Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Neiman Large, and Neiman Large 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 Neiman Mutual Fund performance.
| Price To Earning | 17.12 X | ||||
| Price To Book | 2.18 X | ||||
| Price To Sales | 1.32 X | ||||
| Total Asset | 29.84 M | ||||
About Neiman Large Performance
Evaluating Neiman Large's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Neiman Large 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 Neiman Large 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 common stocks of large capitalization companies that the investment adviser believes are undervalued. Large capitalization companies are defined as those with market capitalizations within the universe of the SP 500 Index at the time of purchase. Under normal circumstances, it will invest at least 80 percent of total assets in common stocks of large capitalization companies.Things to note about Neiman Large Cap performance evaluation
Checking the ongoing alerts about Neiman Large for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Neiman Large Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 7.5% of its assets in cash |
- Analyzing Neiman Large'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 Neiman Large's stock is overvalued or undervalued compared to its peers.
- Examining Neiman Large'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 Neiman Large's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Neiman Large's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Neiman Large's mutual fund. These opinions can provide insight into Neiman Large's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Neiman Mutual Fund
Neiman Large financial ratios help investors to determine whether Neiman 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 Neiman with respect to the benefits of owning Neiman Large security.
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