Extended Market Index Fund Manager Performance Evaluation
| USMIX Fund | USD 20.80 0.22 1.05% |
The fund shows a Beta (market volatility) of -0.49, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Extended Market are expected to decrease at a much lower rate. During the bear market, Extended Market is likely to outperform the market.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Extended Market Index are ranked lower than 20 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Extended Market showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 1st of May 2022 | |
| Expense Ratio | 0.3600 |
Extended |
Extended Market Relative Risk vs. Return Landscape
If you would invest 1,753 in Extended Market Index on April 16, 2025 and sell it today you would earn a total of 327.00 from holding Extended Market Index or generate 18.65% return on investment over 90 days. Extended Market Index is currently producing 0.2916% returns and takes up 1.1197% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Extended, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Extended Market Current Valuation
Overvalued
Today
Please note that Extended Market's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Extended Market Index shows a prevailing Real Value of $19.86 per share. The current price of the fund is $20.8. We determine the value of Extended Market Index from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Extended Market is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Extended Mutual Fund. However, Extended Market'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 20.8 | Real 19.86 | Hype 24.98 | Naive 20.84 |
The intrinsic value of Extended Market'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 Extended Market'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 Extended Market Index helps investors to forecast how Extended 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 Extended Market more accurately as focusing exclusively on Extended Market's fundamentals will not take into account other important factors: Extended Market Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Extended Market's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Extended Market Index, and traders can use it to determine the average amount a Extended Market'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 = 0.2604
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | USMIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.12 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Extended Market is performing at about 20% 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 Extended Market by adding it to a well-diversified portfolio.
Extended Market Fundamentals Growth
Extended Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Extended Market, and Extended Market 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 Extended Mutual Fund performance.
| Price To Earning | 20.43 X | ||||
| Price To Book | 2.04 X | ||||
| Price To Sales | 1.26 X | ||||
About Extended Market Performance
Evaluating Extended Market's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Extended Market 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 Extended Market 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 funds principal investment strategy is, under normal market conditions, to invest at least 80 percent of its assets in securities or other financial instruments of companies that are components of, or have economic characteristics similar to, the securities included in the index. The index is a market cap-weighted index consisting of the small and mid-cap companies in the U.S. equity market.Things to note about Extended Market Index performance evaluation
Checking the ongoing alerts about Extended Market for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Extended Market Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Best Anti-Snoring Mouthpieces and Mouthguards - Sleep Foundation | |
| The fund keeps 99.69% of its net assets in stocks |
- Analyzing Extended Market'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 Extended Market's stock is overvalued or undervalued compared to its peers.
- Examining Extended Market'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 Extended Market's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Extended Market's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Extended Market's mutual fund. These opinions can provide insight into Extended Market's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Extended Mutual Fund
Extended Market financial ratios help investors to determine whether Extended 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 Extended with respect to the benefits of owning Extended Market security.
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