Small Midcap Dividend Income Fund Manager Performance Evaluation

PMDIX Fund  USD 19.16  0.14  0.74%   
The entity has a beta of 1.12, which indicates a somewhat significant risk relative to the market. Small Midcap returns are very sensitive to returns on the market. As the market goes up or down, Small Midcap is expected to follow.

Risk-Adjusted Performance

Good

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Small Midcap Dividend Income are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Small Midcap may actually be approaching a critical reversion point that can send shares even higher in August 2025.
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Expense Ratio Date31st of December 2022
Expense Ratio0.8500
  

Small Midcap Relative Risk vs. Return Landscape

If you would invest  1,712  in Small Midcap Dividend Income on April 28, 2025 and sell it today you would earn a total of  204.00  from holding Small Midcap Dividend Income or generate 11.92% return on investment over 90 days. Small Midcap Dividend Income is currently producing 0.1837% returns and takes up 0.9918% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Small, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Small Midcap is expected to generate 1.28 times more return on investment than the market. However, the company is 1.28 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.23 per unit of risk.

Small Midcap Current Valuation

Fairly Valued
Today
19.16
Please note that Small Midcap's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Small Midcap Dividend has a current Real Value of $18.91 per share. The regular price of the fund is $19.16. We determine the value of Small Midcap Dividend 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.
Since Small Midcap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Small Mutual Fund. However, Small Midcap'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  19.16 Real  18.91 Hype  19.16 Naive  19.14
The intrinsic value of Small Midcap'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 Small Midcap'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.
18.91
Real Value
19.90
Upside
Estimating the potential upside or downside of Small Midcap Dividend Income helps investors to forecast how Small 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 Small Midcap more accurately as focusing exclusively on Small Midcap's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.9618.6919.42
Details
Hype
Prediction
LowEstimatedHigh
18.1719.1620.15
Details
Naive
Forecast
LowNext ValueHigh
18.1519.1420.14
Details

Small Midcap Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Small Midcap's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Small Midcap Dividend Income, and traders can use it to determine the average amount a Small Midcap'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 = 0.1852

Best PortfolioBest Equity
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Small ReturnsPMDIX
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Estimated Market Risk

 0.99
  actual daily
8
92% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Small Midcap is performing at about 14% 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 Small Midcap by adding it to a well-diversified portfolio.

Small Midcap Fundamentals Growth

Small Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Small Midcap, and Small Midcap 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 Small Mutual Fund performance.

About Small Midcap Performance

Evaluating Small Midcap's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Small Midcap 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 Small Midcap 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 at least 80 percent of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities of companies with small-to-medium market capitalizations. Its investments include the securities of foreign issuers and real estate investment trusts.

Things to note about Small Midcap Dividend performance evaluation

Checking the ongoing alerts about Small Midcap for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Small Midcap Dividend 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 96.85% of its assets in stocks
Evaluating Small Midcap's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Small Midcap's mutual fund performance include:
  • Analyzing Small Midcap'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 Small Midcap's stock is overvalued or undervalued compared to its peers.
  • Examining Small Midcap'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 Small Midcap's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Small Midcap's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Small Midcap's mutual fund. These opinions can provide insight into Small Midcap's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Small Midcap's mutual fund performance is not an exact science, and many factors can impact Small Midcap's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Small Mutual Fund

Small Midcap financial ratios help investors to determine whether Small 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 Small with respect to the benefits of owning Small Midcap security.
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