Health Care Ultrasector Fund Manager Performance Evaluation
| HCPIX Fund | USD 103.39 2.07 1.96% |
The fund retains a Market Volatility (i.e., Beta) of 0.83, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Health Care's returns are expected to increase less than the market. However, during the bear market, the loss of holding Health Care is expected to be smaller as well.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Health Care Ultrasector has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's forward indicators remain fairly strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the fund investors.
...more| Expense Ratio Date | 30th of November 2022 | |
| Expense Ratio | 1.7200 |
Health |
Health Care Relative Risk vs. Return Landscape
If you would invest 11,990 in Health Care Ultrasector on September 13, 2024 and sell it today you would lose (1,651) from holding Health Care Ultrasector or give up 13.77% of portfolio value over 90 days. Health Care Ultrasector is currently producing negative expected returns and takes up 1.0147% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Health, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Health Care Current Valuation
Fairly Valued
Today
Please note that Health Care's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Health Care Ultrasector retains a regular Real Value of $105.32 per share. The prevalent price of the fund is $103.39. We determine the value of Health Care Ultrasector from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Health Care is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Health Mutual Fund. However, Health Care'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 103.39 | Real 105.32 | Hype 103.39 | Naive 101.99 |
The intrinsic value of Health Care'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 Health Care'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 Health Care Ultrasector helps investors to forecast how Health 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 Health Care more accurately as focusing exclusively on Health Care's fundamentals will not take into account other important factors: Health Care Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Health Care's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Health Care Ultrasector, and traders can use it to determine the average amount a Health Care'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 = -0.2265
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HCPIX |
Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Health Care 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 Health Care by adding Health Care to a well-diversified portfolio.
Health Care Fundamentals Growth
Health Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Health Care, and Health Care 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 Health Mutual Fund performance.
| Price To Earning | 6.00 X | ||||
| Price To Book | 2.89 X | ||||
| Price To Sales | 2.04 X | ||||
| Total Asset | 12.96 M | ||||
About Health Care Performance
Evaluating Health Care's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Health Care 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 Health Care 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 in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of health care companies included in the SP 500 Index. The fund is non-diversified.Things to note about Health Care Ultrasector performance evaluation
Checking the ongoing alerts about Health Care for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Health Care Ultrasector help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Health Care generated a negative expected return over the last 90 days | |
| The fund retains about 24.22% of its assets under management (AUM) in cash |
- Analyzing Health Care'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 Health Care's stock is overvalued or undervalued compared to its peers.
- Examining Health Care'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 Health Care's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Health Care's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Health Care's mutual fund. These opinions can provide insight into Health Care's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Health Mutual Fund
Health Care financial ratios help investors to determine whether Health 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 Health with respect to the benefits of owning Health Care security.
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