Mmojx Fund Manager Performance Evaluation
| MMOJX Fund | 8.31 0.01 0.12% |
The fund secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mmojx's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mmojx is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Mmojx 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-looking 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.
...moreMmojx |
Mmojx Relative Risk vs. Return Landscape
If you would invest 958.00 in Mmojx on September 28, 2024 and sell it today you would lose (128.00) from holding Mmojx or give up 13.36% of portfolio value over 90 days. Mmojx is currently producing negative expected returns and takes up 1.0614% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Mmojx, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mmojx Current Valuation
Fairly Valued
Today
Please note that Mmojx's price fluctuation is not too volatile at this time. Based on Macroaxis valuation methodology, the fund is fairly valued. Mmojx secures a last-minute Real Value of USD8.44 per share. The latest price of the fund is USD8.31. Our model forecasts the value of Mmojx from analyzing the fund technical indicators and probability of bankruptcy. In general, investors 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 Mmojx is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mmojx Mutual Fund. However, Mmojx'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 8.31 | Real 8.44 | Hype 8.3 | Naive 7.9 |
The intrinsic value of Mmojx'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 Mmojx'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 Mmojx helps investors to forecast how Mmojx 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 Mmojx more accurately as focusing exclusively on Mmojx's fundamentals will not take into account other important factors: Mmojx Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mmojx's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mmojx, and traders can use it to determine the average amount a Mmojx'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 = -0.2089
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| Negative Returns | MMOJX |
Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mmojx 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 Mmojx by adding Mmojx to a well-diversified portfolio.
Mmojx Fundamentals Growth
Mmojx Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mmojx, and Mmojx 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 Mmojx Mutual Fund performance.
About Mmojx Performance
Evaluating Mmojx's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mmojx 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 Mmojx 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 normally invests at least 80 percent of its net assets in stocks of foreign companies, including companies located in Europe, Latin America, and Asia. It may invest up to 25 percent of its total assets in equity securities of issuers in emerging markets.Things to note about Mmojx performance evaluation
Checking the ongoing alerts about Mmojx for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mmojx help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mmojx generated a negative expected return over the last 90 days | |
| The fund maintains all of the assets in different exotic instruments |
- Analyzing Mmojx'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 Mmojx's stock is overvalued or undervalued compared to its peers.
- Examining Mmojx'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 Mmojx's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mmojx's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mmojx's mutual fund. These opinions can provide insight into Mmojx's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mmojx Mutual Fund
Mmojx financial ratios help investors to determine whether Mmojx 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 Mmojx with respect to the benefits of owning Mmojx security.
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