Ellington Income Opportunities Fund Manager Performance Evaluation
| EIOMX Fund | USD 8.81 0.02 0.23% |
The fund shows a Beta (market volatility) of 0.0164, which means not very significant fluctuations relative to the market. As returns on the market increase, Ellington Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ellington Income is expected to be smaller as well.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Ellington Income Opportunities are ranked lower than 25 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong primary indicators, Ellington Income is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreEllington |
Ellington Income Relative Risk vs. Return Landscape
If you would invest 862.00 in Ellington Income Opportunities on December 20, 2024 and sell it today you would earn a total of 19.00 from holding Ellington Income Opportunities or generate 2.2% return on investment over 90 days. Ellington Income Opportunities is currently producing 0.037% returns and takes up 0.115% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Ellington, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ellington Income Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ellington Income's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ellington Income Opportunities, and traders can use it to determine the average amount a Ellington Income'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 = 0.3219
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EIOMX |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average Ellington Income is performing at about 25% 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 Ellington Income by adding it to a well-diversified portfolio.
About Ellington Income Performance
Evaluating Ellington Income's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ellington Income 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 Ellington Income 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.
Ellington Income is entity of United States. It is traded as Fund on NASDAQ exchange.Things to note about Ellington Income Opp performance evaluation
Checking the ongoing alerts about Ellington Income for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ellington Income Opp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Ellington Income's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Ellington Income's mutual fund performance include:- Analyzing Ellington Income'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 Ellington Income's stock is overvalued or undervalued compared to its peers.
- Examining Ellington Income'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 Ellington Income's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ellington Income's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ellington Income's mutual fund. These opinions can provide insight into Ellington Income's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ellington Mutual Fund
Ellington Income financial ratios help investors to determine whether Ellington 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 Ellington with respect to the benefits of owning Ellington Income security.
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