Midcap Growth Fund Manager Performance

PIPPXDelisted Fund  USD 12.02  0.00  0.00%   
The fund secures a Beta (Market Risk) of -0.0266, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Midcap Growth are expected to decrease at a much lower rate. During the bear market, Midcap Growth is likely to outperform the market.

Risk-Adjusted Performance

31 of 100

 
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Compared to the overall equity markets, risk-adjusted returns on investments in Midcap Growth Fund are ranked lower than 31 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Midcap Growth showed solid returns over the last few months and may actually be approaching a breakup point.
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Expense Ratio1.0500
  

Midcap Growth Relative Risk vs. Return Landscape

If you would invest  1,063  in Midcap Growth Fund on October 20, 2024 and sell it today you would earn a total of  139.00  from holding Midcap Growth Fund or generate 13.08% return on investment over 90 days. Midcap Growth Fund is currently producing 0.4624% returns and takes up 1.1443% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Midcap, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Midcap Growth is expected to generate 1.35 times more return on investment than the market. However, the company is 1.35 times more volatile than its market benchmark. It trades about 0.4 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.03 per unit of risk.

Midcap Growth Current Valuation

Overvalued
Today
12.02
Please note that Midcap Growth's price fluctuation is not too volatile at this time. At this time, the fund appears to be overvalued. Midcap Growth secures a last-minute Real Value of $10.83 per share. The latest price of the fund is $12.02. We determine the value of Midcap Growth 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 Midcap Growth is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Midcap Mutual Fund. However, Midcap Growth'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  12.02 Real  10.83 Hype  12.02
The intrinsic value of Midcap Growth'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 Midcap Growth'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.
10.83
Real Value
13.22
Upside
Estimating the potential upside or downside of Midcap Growth Fund helps investors to forecast how Midcap 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 Midcap Growth more accurately as focusing exclusively on Midcap Growth's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
10.8812.0213.16
Details

Midcap Growth Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Midcap Growth's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Midcap Growth Fund, and traders can use it to determine the average amount a Midcap Growth'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 = 0.4041

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Estimated Market Risk

 1.14
  actual daily
10
90% of assets are more volatile

Expected Return

 0.46
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.4
  actual daily
31
69% of assets perform better
Based on monthly moving average Midcap Growth is performing at about 31% 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 Midcap Growth by adding it to a well-diversified portfolio.

Midcap Growth Fundamentals Growth

Midcap Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Midcap Growth, and Midcap Growth 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 Midcap Mutual Fund performance.

About Midcap Growth Performance

Evaluating Midcap Growth's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Midcap Growth 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 Midcap Growth 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.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies with medium market capitalizations at the time of purchase. Principal Fds is traded on NASDAQ Exchange in the United States.

Things to note about Midcap Growth performance evaluation

Checking the ongoing alerts about Midcap Growth for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Midcap Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Midcap Growth is not yet fully synchronised with the market data
Midcap Growth has a very high chance of going through financial distress in the upcoming years
Midcap is showing solid risk-adjusted performance over 90 days
The fund generated three year return of -1.0%
Midcap Growth maintains 97.84% of its assets in stocks
Evaluating Midcap Growth's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Midcap Growth's mutual fund performance include:
  • Analyzing Midcap Growth'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 Midcap Growth's stock is overvalued or undervalued compared to its peers.
  • Examining Midcap Growth'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 Midcap Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Midcap Growth's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Midcap Growth's mutual fund. These opinions can provide insight into Midcap Growth's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Midcap Growth's mutual fund performance is not an exact science, and many factors can impact Midcap Growth's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Other Consideration for investing in Midcap Mutual Fund

If you are still planning to invest in Midcap Growth check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Midcap Growth's history and understand the potential risks before investing.
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