Spirit Of America Fund Manager Performance Evaluation
| SOAEX Fund | USD 13.88 0.10 0.73% |
The entity has a beta of 0.74, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Spirit Of's returns are expected to increase less than the market. However, during the bear market, the loss of holding Spirit Of is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Spirit Of America are ranked lower than 16 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Spirit Of may actually be approaching a critical reversion point that can send shares even higher in June 2024.
...more| Expense Ratio | 1.5200 |
Spirit |
Spirit Of Relative Risk vs. Return Landscape
If you would invest 1,247 in Spirit Of America on February 6, 2024 and sell it today you would earn a total of 141.00 from holding Spirit Of America or generate 11.31% return on investment over 90 days. Spirit Of America is currently producing 0.1736% returns and takes up 0.8314% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Spirit, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Spirit Of Current Valuation
Undervalued
Today
Please note that Spirit Of's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Spirit Of America has a current Real Value of $14.34 per share. The regular price of the fund is $13.88. We determine the value of Spirit Of America from inspecting 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 draw towards each other.
Our valuation method for Spirit Of America is useful when determining the fair value of the Spirit mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Spirit Of. Since Spirit Of is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Spirit Mutual Fund. However, Spirit Of'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 13.88 | Real 14.34 | Hype 13.88 | Naive 13.93 |
The real value of Spirit Mutual Fund, also known as its intrinsic value, is the underlying worth of Spirit Of America Mutual Fund, which is reflected in its stock price. It is based on Spirit Of's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Spirit Of'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 Spirit Of'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 Spirit Of America helps investors to forecast how Spirit 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 Spirit Of more accurately as focusing exclusively on Spirit Of's fundamentals will not take into account other important factors: Spirit Of Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spirit Of's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Spirit Of America, and traders can use it to determine the average amount a Spirit Of'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 = 0.2088
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Spirit Of is performing at about 16% 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 Spirit Of by adding it to a well-diversified portfolio.
Spirit Of Fundamentals Growth
Spirit Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Spirit Of, and Spirit Of 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 Spirit Mutual Fund performance.
| Total Asset | 194.16 M | ||||
About Spirit Of Performance
To evaluate Spirit Of America Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Spirit Of generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Spirit Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Spirit Of America market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Spirit's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund seeks to achieve its investment objective by investing at least 80 percent of its net assets plus any borrowings in a combination of securities and other assets of energy and energy related companies. It seeks to achieve its investment objective through diversified exposure to U.S. and non-U.S. securities of energy companies and energy related companies which are companies that are principally engaged in activities in the energy industry.Things to note about Spirit Of America performance evaluation
Checking the ongoing alerts about Spirit Of for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Spirit Of America help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Spirit Of's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Spirit Of's mutual fund performance include:- Analyzing Spirit Of'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 Spirit Of's stock is overvalued or undervalued compared to its peers.
- Examining Spirit Of'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 Spirit Of's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spirit Of's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Spirit Of's mutual fund. These opinions can provide insight into Spirit Of's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spirit Of America. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Spirit Of America information on this page should be used as a complementary analysis to other Spirit Of's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.