Power Momentum Index Fund Manager Performance Evaluation
| MOJOX Fund | USD 14.66 0.04 0.27% |
The fund holds a Beta of 0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, Power Momentum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Power Momentum is expected to be smaller as well.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Power Momentum Index are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Power Momentum is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of October 2022 | |
| Expense Ratio | 2.0000 |
Power |
Power Momentum Relative Risk vs. Return Landscape
If you would invest 1,449 in Power Momentum Index on September 21, 2024 and sell it today you would earn a total of 17.00 from holding Power Momentum Index or generate 1.17% return on investment over 90 days. Power Momentum Index is currently producing 0.0226% returns and takes up 0.9369% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Power, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Power Momentum Current Valuation
Fairly Valued
Today
Please note that Power Momentum's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Power Momentum Index holds a recent Real Value of $14.72 per share. The prevailing price of the fund is $14.66. We determine the value of Power Momentum Index from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support 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 Power Momentum is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Power Mutual Fund. However, Power Momentum'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 14.66 | Real 14.72 | Hype 14.66 | Naive 14.45 |
The intrinsic value of Power Momentum'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 Power Momentum'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 Power Momentum Index helps investors to forecast how Power 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 Power Momentum more accurately as focusing exclusively on Power Momentum's fundamentals will not take into account other important factors: Power Momentum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Power Momentum's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Power Momentum Index, and traders can use it to determine the average amount a Power Momentum'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 = 0.0241
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MOJOX |
Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Power Momentum is performing at about 1% 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 Power Momentum by adding it to a well-diversified portfolio.
Power Momentum Fundamentals Growth
Power Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Power Momentum, and Power Momentum 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 Power Mutual Fund performance.
| Total Asset | 7.99 M | ||||
About Power Momentum Performance
Evaluating Power Momentum's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Power Momentum 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 Power Momentum 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 adviser seeks to achieve the funds objectives by seeking to track the FCF Risk Managed Sector Neutral Momentum Index that provides a formulaic methodology for allocating investments between securities of issuers who demonstrate higher free cash flow and positive momentum and short-term treasuries. The index and the fund will allocate 100 percent to the equity portfolio when the shorter-term exponential moving average indicator is in a bullish position.Things to note about Power Momentum Index performance evaluation
Checking the ongoing alerts about Power Momentum for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Power Momentum Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Power Momentum's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Power Momentum's mutual fund performance include:- Analyzing Power Momentum'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 Power Momentum's stock is overvalued or undervalued compared to its peers.
- Examining Power Momentum'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 Power Momentum's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Power Momentum's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Power Momentum's mutual fund. These opinions can provide insight into Power Momentum's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Power Mutual Fund
Power Momentum financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power Momentum security.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |