Morningstar Alternatives Fund Manager Performance Evaluation
| MSTVX Fund | USD 10.68 0.02 0.19% |
The fund secures a Beta (Market Risk) of 0.083, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Morningstar Alternatives' returns are expected to increase less than the market. However, during the bear market, the loss of holding Morningstar Alternatives is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Morningstar Alternatives are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Morningstar Alternatives is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.4200 |
Morningstar |
Morningstar Alternatives Relative Risk vs. Return Landscape
If you would invest 1,056 in Morningstar Alternatives on September 12, 2024 and sell it today you would earn a total of 12.00 from holding Morningstar Alternatives or generate 1.14% return on investment over 90 days. Morningstar Alternatives is currently producing 0.018% returns and takes up 0.1238% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Morningstar, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Morningstar Alternatives Current Valuation
Overvalued
Today
Please note that Morningstar Alternatives' price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Morningstar Alternatives secures a last-minute Real Value of $9.82 per share. The latest price of the fund is $10.68. We determine the value of Morningstar Alternatives 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 Morningstar Alternatives is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Morningstar Mutual Fund. However, Morningstar Alternatives' 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 10.68 | Real 9.82 | Hype 10.68 | Naive 10.69 |
The intrinsic value of Morningstar Alternatives' 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 Morningstar Alternatives' 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 Morningstar Alternatives helps investors to forecast how Morningstar 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 Morningstar Alternatives more accurately as focusing exclusively on Morningstar Alternatives' fundamentals will not take into account other important factors: Morningstar Alternatives Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Morningstar Alternatives' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Morningstar Alternatives, and traders can use it to determine the average amount a Morningstar Alternatives' 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 = 0.1454
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MSTVX |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Morningstar Alternatives is performing at about 11% 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 Morningstar Alternatives by adding it to a well-diversified portfolio.
Morningstar Alternatives Fundamentals Growth
Morningstar Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Morningstar Alternatives, and Morningstar Alternatives 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 Morningstar Mutual Fund performance.
| Total Asset | 346.72 M | |||
About Morningstar Alternatives Performance
Evaluating Morningstar Alternatives' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Morningstar Alternatives 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 Morningstar Alternatives 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 will normally invest in both U.S. and non-U.S. securities, including securities of companies located in emerging markets. The fund may invest in non-U.S. dollar denominated investments, including investments denominated in European and Asian currencies and in other non-U.S. and emerging market currencies.Things to note about Morningstar Alternatives performance evaluation
Checking the ongoing alerts about Morningstar Alternatives for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Morningstar Alternatives 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 about 19.9% of its assets in cash |
- Analyzing Morningstar Alternatives' 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 Morningstar Alternatives' stock is overvalued or undervalued compared to its peers.
- Examining Morningstar Alternatives' 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 Morningstar Alternatives' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Morningstar Alternatives' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Morningstar Alternatives' mutual fund. These opinions can provide insight into Morningstar Alternatives' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Morningstar Mutual Fund
Morningstar Alternatives financial ratios help investors to determine whether Morningstar 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 Morningstar with respect to the benefits of owning Morningstar Alternatives security.
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