Kinetics Global Fund Manager Performance Evaluation
| KGLAX Fund | 16.42 0.04 0.24% |
The fund secures a Beta (Market Risk) of -0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kinetics Global are expected to decrease at a much lower rate. During the bear market, Kinetics Global is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Kinetics Global Fund has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...more| Expense Ratio | 1.6400 |
Kinetics |
Kinetics Global Relative Risk vs. Return Landscape
If you would invest 1,780 in Kinetics Global Fund on November 28, 2024 and sell it today you would lose (142.00) from holding Kinetics Global Fund or give up 7.98% of portfolio value over 90 days. Kinetics Global Fund is currently producing negative expected returns and takes up 1.3089% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Kinetics, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Kinetics Global Current Valuation
Fairly Valued
Today
Please note that Kinetics Global's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Kinetics Global secures a last-minute Real Value of USD16.51 per share. The latest price of the fund is USD16.42. We determine the value of Kinetics Global 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 Kinetics Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Kinetics Mutual Fund. However, Kinetics Global'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 16.42 | Real 16.51 | Hype 16.38 | Naive 16.75 |
The intrinsic value of Kinetics Global'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 Kinetics Global'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 Kinetics Global Fund helps investors to forecast how Kinetics 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 Kinetics Global more accurately as focusing exclusively on Kinetics Global's fundamentals will not take into account other important factors: Kinetics Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinetics Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Kinetics Global Fund, and traders can use it to determine the average amount a Kinetics Global'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 = -0.103
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KGLAX |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kinetics Global 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 Kinetics Global by adding Kinetics Global to a well-diversified portfolio.
Kinetics Global Fundamentals Growth
Kinetics Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Kinetics Global, and Kinetics Global 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 Kinetics Mutual Fund performance.
About Kinetics Global Performance
Evaluating Kinetics Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Kinetics Global 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 Kinetics Global 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.
Things to note about Kinetics Global performance evaluation
Checking the ongoing alerts about Kinetics Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Kinetics Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kinetics Global generated a negative expected return over the last 90 days | |
| The fund maintains all of the assets in different exotic instruments |
- Analyzing Kinetics Global'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 Kinetics Global's stock is overvalued or undervalued compared to its peers.
- Examining Kinetics Global'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 Kinetics Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kinetics Global's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Kinetics Global's mutual fund. These opinions can provide insight into Kinetics Global's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Kinetics Mutual Fund
Kinetics Global financial ratios help investors to determine whether Kinetics 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 Kinetics with respect to the benefits of owning Kinetics Global security.
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