Madison Dividend Income Fund Manager Performance Evaluation

MADAX Fund  USD 30.14  0.15  0.50%   
The fund secures a Beta (Market Risk) of 0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Madison Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Madison Dividend is expected to be smaller as well.

Risk-Adjusted Performance

14 of 100

 
Weak
 
Strong
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Madison Dividend Income are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Madison Dividend may actually be approaching a critical reversion point that can send shares even higher in January 2025.
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Madison Dividend Income Fund Q3 2024 Investment Strategy Letter - Seeking Alpha
10/18/2024
  

Madison Dividend Relative Risk vs. Return Landscape

If you would invest  2,810  in Madison Dividend Income on September 5, 2024 and sell it today you would earn a total of  204.00  from holding Madison Dividend Income or generate 7.26% return on investment over 90 days. Madison Dividend Income is currently producing 0.1113% returns and takes up 0.5914% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Madison, and 98% 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 Madison Dividend is expected to generate 1.42 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.26 times less risky than the market. It trades about 0.19 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.21 of returns per unit of risk over similar time horizon.

Madison Dividend Current Valuation

Fairly Valued
Today
30.14
Please note that Madison Dividend's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Madison Dividend Income secures a last-minute Real Value of $29.93 per share. The latest price of the fund is $30.14. We determine the value of Madison Dividend Income 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 Madison Dividend is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Madison Mutual Fund. However, Madison Dividend'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  30.14 Real  29.93 Hype  30.15 Naive  30.2
The intrinsic value of Madison Dividend'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 Madison Dividend'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.
29.93
Real Value
30.52
Upside
Estimating the potential upside or downside of Madison Dividend Income helps investors to forecast how Madison 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 Madison Dividend more accurately as focusing exclusively on Madison Dividend's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
29.8430.1030.36
Details
Hype
Prediction
LowEstimatedHigh
29.5630.1530.74
Details
Naive
Forecast
LowNext ValueHigh
29.6030.2030.79
Details

Madison Dividend Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Madison Dividend's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Madison Dividend Income, and traders can use it to determine the average amount a Madison Dividend'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 = 0.1882

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Estimated Market Risk

 0.59
  actual daily
5
95% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Madison Dividend is performing at about 14% 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 Madison Dividend by adding it to a well-diversified portfolio.

Madison Dividend Fundamentals Growth

Madison Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Madison Dividend, and Madison Dividend 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 Madison Mutual Fund performance.
Total Asset325.74 M

About Madison Dividend Performance

Evaluating Madison Dividend's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Madison Dividend 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 Madison Dividend 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 achieve its investment objective by investing in equity securities of companies with a market capitalization of over 1 billion and a history of paying dividends, with the ability to increase dividends over time. Under normal market conditions, at least 80 percent of the funds net assets will be invested in dividend paying equity securities.

Things to note about Madison Dividend Income performance evaluation

Checking the ongoing alerts about Madison Dividend for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Madison Dividend Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains 98.68% of its assets in stocks
Evaluating Madison Dividend's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Madison Dividend's mutual fund performance include:
  • Analyzing Madison Dividend'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 Madison Dividend's stock is overvalued or undervalued compared to its peers.
  • Examining Madison Dividend'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 Madison Dividend's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Madison Dividend's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Madison Dividend's mutual fund. These opinions can provide insight into Madison Dividend's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Madison Dividend's mutual fund performance is not an exact science, and many factors can impact Madison Dividend'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 Madison Mutual Fund

Madison Dividend financial ratios help investors to determine whether Madison 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 Madison with respect to the benefits of owning Madison Dividend security.
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