Eventide Multi Asset Income Fund Manager Performance Evaluation

ETNMX Fund  USD 14.45  -0.20  -1.37%   
The fund owns a Beta (Systematic Risk) of 0.53, which signifies possible diversification benefits within a given portfolio. EVENTIDE MULTI-ASSET moves in the same direction as the market but with less intensity, offering a degree of cushion during selloffs.
Risk-Adjusted Performance
Mild
 
Weak
 
Strong
Across the last 90 days, the risk-adjusted return profile of Eventide Multi Asset Income is weaker than 3% of the funds and fund portfolios reviewed by Macroaxis. This score becomes more useful when investors compare it with downside risk, Sharpe Ratio, and current trend stability. Despite somewhat strong primary indicators, EVENTIDE MULTI-ASSET is not utilizing all of its potential. The current price disturbance may contribute to short-term losses for investors. Learn More
Expense Ratio Date1st of November 2025
Expense Ratio1.0200
  

Relative Risk vs. Return Landscape

If you had invested $ 1,426 in Eventide Multi Asset Income on December 21, 2025 and sold it today you would have earned a total of $ 19.00 from holding Eventide Multi Asset Income or generated 1.33% return on investment over 90 days. Eventide Multi Asset Income is currently producing a 0.0232% return and carries 0.5556% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than EVENTIDE, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
This benchmark view frames the instrument through return capture and volatility trade-offs. It keeps the emphasis on benchmark context, not just standalone performance. Assuming a 90-day horizon EVENTIDE MULTI-ASSET is expected to generate 0.67 times more return on investment than the market. However, the fund is 1.48 times less risky than the market. It trades about 0.04 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.11 per unit of risk.

Historical Prices of Eventide Multi Asset

Below is the normalized historical share price chart for Eventide Multi Asset Income extending back to July 15, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of EVENTIDE MULTI-ASSET stands at 14.45, as last reported on the 21st of March, with the highest price reaching 14.45 and the lowest price hitting 14.45 during the day.
Macro event markers
 
Yuan Drop
 
Covid
 
Interest Hikes

Target Price Odds to finish over Current Price

Prices of funds like EVENTIDE Mutual Fund tend to oscillate around a central value over time, a phenomenon known as mean reversion. Although this tendency is a useful forecasting input, some instruments remain persistently underpriced or overpriced before the market corrects the discrepancy.
Current PriceHorizonTarget PriceOdds moving above the current price in 90 days
14.45 90 days 14.45
about 73.26
Under a normal probability framework, the likelihood of EVENTIDE MULTI-ASSET moving above the current price in 90 days from now is about 73.26 (The distribution above models the probability of EVENTIDE Mutual Fund reaching different price points within 90 days).
Assuming a 90-day horizon EVENTIDE MULTI-ASSET has a beta of 0.53 suggesting as returns on the market go up, EVENTIDE MULTI-ASSET's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Eventide Multi Asset Income is expected to be smaller as well. Additionally, Eventide Multi Asset Income has an alpha of 0.0649, implying that it can generate a 0.0649 percent excess return over Dow Jones Industrial after adjusting for the inherent market risk (beta).
   EVENTIDE MULTI-ASSET Price Density   
       Price  

Predictive Modules for EVENTIDE MULTI-ASSET

The challenge of forecasting Eventide Multi Asset mirrors the broader difficulty of predicting fund market movements. No single technique offers reliable accuracy, but investors who apply multiple methods and compare the results are better positioned to identify potential outcomes and manage risk effectively.
While mean reversion in EVENTIDE MULTI-ASSET is a statistically observable tendency, it operates on uncertain timelines. Positions sized too aggressively against the trend can suffer sustained losses before reversion occurs.
Hype
Prediction
LowEstimatedHigh
13.8914.4515.01
Details
Intrinsic
Valuation
LowRealHigh
14.1014.6615.22
Details
Naive
Forecast
LowNextHigh
13.8714.4314.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.4114.8315.25
Details
To derive maximum value from EVENTIDE MULTI-ASSET analysis, compare EVENTIDE MULTI-ASSET's metrics against peers. This cross-sectional approach separates idiosyncratic performance from sector-level trends.

Primary Risk Indicators

The mutual fund market has been marked by significant volatility in the last 10-20 years, and EVENTIDE MULTI-ASSET has not been spared. Both sharp declines and strong rallies have tested investor discipline. A hedging strategy built around EVENTIDE MULTI-ASSET's risk indicators can help those holding Eventide Multi Asset Income manage downside risk more effectively.
α
Alpha over Dow Jones
0.06
β
Beta against Dow Jones0.53
σ
Overall volatility
0.29
Ir
Information ratio 0.20

Investor Alerts and Insights

Investors who use alerts for EVENTIDE MULTI-ASSET can respond more quickly to important fund events. Notifications for Eventide Multi Asset highlight significant technical and fundamental shifts that may create new opportunities or signal emerging risks.

EVENTIDE MULTI-ASSET Fundamentals Growth

Investor sentiment toward EVENTIDE Mutual Fund is largely driven by EVENTIDE MULTI-ASSET's fundamental metrics. Revenue growth rates, earnings per share trends, profit margin changes, and leverage ratios are among the most impactful factors determining EVENTIDE Mutual Fund market behavior.

Performance Metrics & Calculation Methodology

EVENTIDE MULTI-ASSET performance is typically evaluated through NAV-based returns relative to category peers and stated objectives. Benchmark comparison clarifies whether outcomes reflect exposure or implementation effects.

Data shown for Eventide Multi Asset Income is aggregated from fund disclosures and market reference feeds and normalized across reporting formats. Source publication cadence can introduce delays. Return and risk statistics are calculated from historical price series.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board
Last reviewed on March 11th, 2026