Kinetics Global Fund Manager Performance Evaluation
| KGLCX Fund | USD 14.75 0.21 1.44% |
The fund secures a Beta (Market Risk) of 1.04, which conveys a somewhat significant risk relative to the market. Kinetics Global returns are very sensitive to returns on the market. As the market goes up or down, Kinetics Global is expected to follow.
Risk-Adjusted Performance
25 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Kinetics Global Fund are ranked lower than 25 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak fundamental indicators, Kinetics Global showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 2.1400 |
Kinetics |
Kinetics Global Relative Risk vs. Return Landscape
If you would invest 1,160 in Kinetics Global Fund on August 13, 2024 and sell it today you would earn a total of 315.00 from holding Kinetics Global Fund or generate 27.16% return on investment over 90 days. Kinetics Global Fund is currently producing 0.383% returns and takes up 1.1939% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Kinetics, and 93% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Kinetics Global Current Valuation
Undervalued
Today
Please note that Kinetics Global's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Kinetics Global secures a last-minute Real Value of $15.56 per share. The latest price of the fund is $14.75. We determine the value of Kinetics Global 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 Kinetics Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Kinetics Mutual Fund. However, Kinetics Global'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 14.75 | Real 15.56 | Hype 14.75 | Naive 15.29 |
The intrinsic value of Kinetics Global'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 Kinetics Global'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 Kinetics Global Fund helps investors to forecast how Kinetics 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 Kinetics Global more accurately as focusing exclusively on Kinetics Global's fundamentals will not take into account other important factors: Kinetics Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinetics Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Kinetics Global Fund, and traders can use it to determine the average amount a Kinetics Global'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 = 0.3208
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | KGLCX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average Kinetics Global is performing at about 25% 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 Kinetics Global by adding it to a well-diversified portfolio.
Kinetics Global Fundamentals Growth
Kinetics Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Kinetics Global, and Kinetics Global 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 Kinetics Mutual Fund performance.
| Price To Earning | 14.64 X | ||||
| Price To Book | 1.27 X | ||||
| Price To Sales | 1.08 X | ||||
| Total Asset | 25.85 M | ||||
About Kinetics Global Performance
Evaluating Kinetics Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Kinetics Global 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 Kinetics Global 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 is a diversified fund that invests all of its investable assets in the Global Portfolio, a series of Kinetics Portfolios Trust. The Global Portfolio invests at least 65 percent of its net assets plus any borrowings for investment purposes in common stocks, ETFs, convertible securities, warrants and other equity securities having the characteristics of common stocks of foreign and U.S. companies listed on publicly traded exchanges.Things to note about Kinetics Global performance evaluation
Checking the ongoing alerts about Kinetics Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Kinetics Global 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 49.56% of its assets in cash |
- Analyzing Kinetics Global'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 Kinetics Global's stock is overvalued or undervalued compared to its peers.
- Examining Kinetics Global'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 Kinetics Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kinetics Global's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Kinetics Global's mutual fund. These opinions can provide insight into Kinetics Global's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Kinetics Mutual Fund
Kinetics Global financial ratios help investors to determine whether Kinetics 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 Kinetics with respect to the benefits of owning Kinetics Global security.
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