Precious Metals Ultrasector Fund Manager Performance Evaluation
| PMPSX Fund | USD 43.32 1.62 3.60% |
The fund holds a Beta of -0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Precious Metals are expected to decrease at a much lower rate. During the bear market, Precious Metals is likely to outperform the market.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Precious Metals Ultrasector 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 basic 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.
...more| Expense Ratio | 2.6300 |
Precious |
Precious Metals Relative Risk vs. Return Landscape
If you would invest 5,087 in Precious Metals Ultrasector on September 16, 2024 and sell it today you would lose (755.00) from holding Precious Metals Ultrasector or give up 14.84% of portfolio value over 90 days. Precious Metals Ultrasector is currently producing negative expected returns and takes up 2.8572% volatility of returns over 90 trading days. Put another way, 25% of traded mutual funds are less volatile than Precious, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Precious Metals Current Valuation
Overvalued
Today
Please note that Precious Metals' price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Precious Metals Ultr holds a recent Real Value of $41.2 per share. The prevailing price of the fund is $43.32. We determine the value of Precious Metals Ultr 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 Precious Metals is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Precious Mutual Fund. However, Precious Metals' 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 43.32 | Real 41.2 | Hype 43.32 | Naive 41.72 |
The intrinsic value of Precious Metals' 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 Precious Metals' 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 Precious Metals Ultrasector helps investors to forecast how Precious 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 Precious Metals more accurately as focusing exclusively on Precious Metals' fundamentals will not take into account other important factors: Precious Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Precious Metals' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Precious Metals Ultrasector, and traders can use it to determine the average amount a Precious Metals' 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 = -0.0722
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PMPSX |
Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Precious Metals 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 Precious Metals by adding Precious Metals to a well-diversified portfolio.
Precious Metals Fundamentals Growth
Precious Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Precious Metals, and Precious Metals 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 Precious Mutual Fund performance.
| Price To Earning | 31.55 X | ||||
| Price To Book | 1.42 X | ||||
| Price To Sales | 2.78 X | ||||
| Total Asset | 18.96 M | ||||
About Precious Metals Performance
Evaluating Precious Metals' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Precious Metals 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 Precious Metals 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 invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index seeks to measure the performance of certain companies in the precious metals mining sector. It is non-diversified.Things to note about Precious Metals Ultr performance evaluation
Checking the ongoing alerts about Precious Metals for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Precious Metals Ultr help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Precious Metals Ultr generated a negative expected return over the last 90 days | |
| Precious Metals Ultr generated-10.0 ten year return of -10.0% | |
| This fund maintains about 25.27% of its assets in cash |
- Analyzing Precious Metals' 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 Precious Metals' stock is overvalued or undervalued compared to its peers.
- Examining Precious Metals' 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 Precious Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Precious Metals' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Precious Metals' mutual fund. These opinions can provide insight into Precious Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Precious Mutual Fund
Precious Metals financial ratios help investors to determine whether Precious 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 Precious with respect to the benefits of owning Precious Metals security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |