Mmzgx Fund Manager Performance Evaluation
| MMZGX Fund | 12.01 1.04 9.48% |
The fund secures a Beta (Market Risk) of -0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mmzgx are expected to decrease at a much lower rate. During the bear market, Mmzgx is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Mmzgx has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Mmzgx is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreMmzgx |
Mmzgx Relative Risk vs. Return Landscape
If you would invest 1,215 in Mmzgx on September 30, 2024 and sell it today you would lose (14.00) from holding Mmzgx or give up 1.15% of portfolio value over 90 days. Mmzgx is currently producing 0.0211% returns and takes up 2.8186% volatility of returns over 90 trading days. Put another way, 25% of traded mutual funds are less volatile than Mmzgx, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Mmzgx Current Valuation
Overvalued
Today
Please note that Mmzgx's price fluctuation is somewhat reliable at this time. Based on Macroaxis valuation methodology, the fund is overvalued. Mmzgx secures a last-minute Real Value of USD10.95 per share. The latest price of the fund is USD12.01. Our model forecasts the value of Mmzgx 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 Mmzgx is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mmzgx Mutual Fund. However, Mmzgx'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 12.01 | Real 10.95 | Hype 12.01 |
The intrinsic value of Mmzgx'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 Mmzgx'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 Mmzgx helps investors to forecast how Mmzgx 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 Mmzgx more accurately as focusing exclusively on Mmzgx's fundamentals will not take into account other important factors: Mmzgx Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mmzgx's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mmzgx, and traders can use it to determine the average amount a Mmzgx'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 = 0.0075
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MMZGX |
Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mmzgx 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 Mmzgx by adding Mmzgx to a well-diversified portfolio.
Mmzgx Fundamentals Growth
Mmzgx Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mmzgx, and Mmzgx 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 Mmzgx Mutual Fund performance.
About Mmzgx Performance
Evaluating Mmzgx's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Mmzgx 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 Mmzgx 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 is a fund of funds that seeks to achieve its investment objective by investing in a combination of U.S. domestic and international mutual funds using an asset allocation strategy designed for investors who plan to retire around the year 2065 and then withdraw their investment in the fund over time throughout retirement.Things to note about Mmzgx performance evaluation
Checking the ongoing alerts about Mmzgx for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mmzgx 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 all of the assets in different exotic instruments |
- Analyzing Mmzgx'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 Mmzgx's stock is overvalued or undervalued compared to its peers.
- Examining Mmzgx'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 Mmzgx's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mmzgx's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mmzgx's mutual fund. These opinions can provide insight into Mmzgx's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Mmzgx Mutual Fund
Mmzgx financial ratios help investors to determine whether Mmzgx 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 Mmzgx with respect to the benefits of owning Mmzgx security.
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