Meridian Growth Fund Manager Performance Evaluation
| MRRGX Fund | USD 34.39 0.08 0.23% |
The fund secures a Beta (Market Risk) of -0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Meridian Growth are expected to decrease at a much lower rate. During the bear market, Meridian Growth is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Meridian Growth Fund has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Meridian Growth is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Meridian Growth Relative Risk vs. Return Landscape
If you would invest 3,668 in Meridian Growth Fund on December 20, 2024 and sell it today you would lose (221.00) from holding Meridian Growth Fund or give up 6.03% of portfolio value over 90 days. Meridian Growth Fund is currently producing negative expected returns and takes up 1.0684% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Meridian, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Meridian Growth Current Valuation
Overvalued
Today
Please note that Meridian Growth's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Meridian Growth secures a last-minute Real Value of $31.92 per share. The latest price of the fund is $34.39. We determine the value of Meridian Growth 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 Meridian Growth is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Meridian Mutual Fund. However, Meridian Growth'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 34.39 | Real 31.92 | Hype 34.39 | Naive 35.32 |
The intrinsic value of Meridian Growth'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 Meridian Growth'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 Meridian Growth Fund helps investors to forecast how Meridian 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 Meridian Growth more accurately as focusing exclusively on Meridian Growth's fundamentals will not take into account other important factors: Meridian Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meridian Growth's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Meridian Growth Fund, and traders can use it to determine the average amount a Meridian Growth'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 = -0.0916
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MRRGX |
Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Meridian Growth 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 Meridian Growth by adding Meridian Growth to a well-diversified portfolio.
Meridian Growth Fundamentals Growth
Meridian Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Meridian Growth, and Meridian Growth 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 Meridian Mutual Fund performance.
| Total Asset | 2.15 B | |||
About Meridian Growth Performance
Evaluating Meridian Growth's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Meridian Growth 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 Meridian Growth 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.
Under normal circumstances, the fund emphasizes small- and mid-capitalization growth companies that the Investment Adviser believes may have prospects for above-average growth in revenues and earnings because of many factors, including high sales growth, high unit growth and industry growth, high or improving returns on assets and equity and a strong balance sheet. Meridian Growth is traded on NASDAQ Exchange in the United States.Things to note about Meridian Growth performance evaluation
Checking the ongoing alerts about Meridian Growth for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Meridian Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Meridian Growth generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Meridian Growth maintains 94.83% of its assets in stocks |
- Analyzing Meridian Growth'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 Meridian Growth's stock is overvalued or undervalued compared to its peers.
- Examining Meridian Growth'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 Meridian Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Meridian Growth's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Meridian Growth's mutual fund. These opinions can provide insight into Meridian Growth's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Meridian Mutual Fund
Meridian Growth financial ratios help investors to determine whether Meridian 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 Meridian with respect to the benefits of owning Meridian Growth security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |