Diamond Hill E Fund Manager Performance Evaluation

DHRIX Fund  USD 9.09  0.01  0.11%   
The fund shows a Beta (market volatility) of 0.003, which means not very significant fluctuations relative to the market. As returns on the market increase, Diamond Hill's returns are expected to increase less than the market. However, during the bear market, the loss of holding Diamond Hill is expected to be smaller as well.

Risk-Adjusted Performance

0 of 100

 
Weak
 
Strong
Very Weak
Over the last 90 days Diamond Hill E has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Diamond Hill is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more
Expense Ratio0.4700
  

Diamond Hill Relative Risk vs. Return Landscape

If you would invest  923.00  in Diamond Hill E on September 12, 2024 and sell it today you would lose (14.00) from holding Diamond Hill E or give up 1.52% of portfolio value over 90 days. Diamond Hill E is currently producing negative expected returns and takes up 0.281% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Diamond, and 99% 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 Diamond Hill is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 2.62 times less risky than the market. the firm trades about -0.09 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.16 of returns per unit of risk over similar time horizon.

Diamond Hill Current Valuation

Undervalued
Today
9.09
Please note that Diamond Hill's price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Diamond Hill E prevailing Real Value cannot be determined due to lack of data. The current price of Diamond Hill E is $9.09. We determine the value of Diamond Hill E from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Diamond Hill is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Diamond Mutual Fund. However, Diamond Hill'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  9.09 Real  0.0 Hype  0.0 Naive  9.12
The intrinsic value of Diamond Hill'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 Diamond Hill'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.
0.00
Real Value
0.28
Upside
Estimating the potential upside or downside of Diamond Hill E helps investors to forecast how Diamond 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 Diamond Hill more accurately as focusing exclusively on Diamond Hill's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.949.049.14
Details
Hype
Prediction
LowEstimatedHigh
0.000.000.28
Details
Naive
Forecast
LowNext ValueHigh
8.859.129.40
Details

Diamond Hill Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Diamond Hill's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Diamond Hill E, and traders can use it to determine the average amount a Diamond Hill'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 = -0.085

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsDHRIX

Estimated Market Risk

 0.28
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Diamond Hill 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 Diamond Hill by adding Diamond Hill to a well-diversified portfolio.

Diamond Hill Fundamentals Growth

Diamond Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Diamond Hill, and Diamond Hill 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 Diamond Mutual Fund performance.
Total Asset556.96 M

About Diamond Hill Performance

Evaluating Diamond Hill's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Diamond Hill 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 Diamond Hill 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 seeks to provide total return by investing at least 80 percent of its net assets in a diversified portfolio of investment grade, fixed income securities, including bonds, debt securities and other similar U.S. dollar-denominated instruments issued by various U.S. public- or private-sector entities, by non-U.S. corporations or U.S. affiliates of non-U.S. corporations. It may invest a significant portion or all of its assets in mortgage-related and mortgage-backed securities at the discretion of the Adviser.

Things to note about Diamond Hill E performance evaluation

Checking the ongoing alerts about Diamond Hill for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Diamond Hill E help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Diamond Hill E generated a negative expected return over the last 90 days
The fund generated three year return of 0.0%
Diamond Hill E retains most of the assets under management (AUM) in different types of exotic instruments.
Evaluating Diamond Hill's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Diamond Hill's mutual fund performance include:
  • Analyzing Diamond Hill'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 Diamond Hill's stock is overvalued or undervalued compared to its peers.
  • Examining Diamond Hill'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 Diamond Hill's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Diamond Hill's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Diamond Hill's mutual fund. These opinions can provide insight into Diamond Hill's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Diamond Hill's mutual fund performance is not an exact science, and many factors can impact Diamond Hill'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.

Other Information on Investing in Diamond Mutual Fund

Diamond Hill financial ratios help investors to determine whether Diamond 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 Diamond with respect to the benefits of owning Diamond Hill security.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years