Mydestination 2035 Fund Manager Performance Evaluation
GMHYX Fund | USD 10.73 0.09 0.85% |
The fund secures a Beta (Market Risk) of 0.71, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mydestination 2035's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mydestination 2035 is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Mydestination 2035 Fund are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Mydestination 2035 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreExpense Ratio | 0.4500 |
Mydestination |
Mydestination 2035 Relative Risk vs. Return Landscape
If you would invest 1,051 in Mydestination 2035 Fund on February 4, 2024 and sell it today you would earn a total of 22.00 from holding Mydestination 2035 Fund or generate 2.09% return on investment over 90 days. Mydestination 2035 Fund is currently producing 0.0343% returns and takes up 0.5297% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Mydestination, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Mydestination 2035 Current Valuation
Fairly Valued
Today
Please note that Mydestination 2035's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Mydestination 2035 secures a last-minute Real Value of $10.73 per share. The latest price of the fund is $10.73. We determine the value of Mydestination 2035 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.
Our valuation method for Mydestination 2035 Fund is useful when determining the fair value of the Mydestination mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Mydestination 2035. Since Mydestination 2035 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mydestination Mutual Fund. However, Mydestination 2035'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 10.73 | Real 10.73 | Hype 10.73 | Naive 10.84 |
The real value of Mydestination Mutual Fund, also known as its intrinsic value, is the underlying worth of Mydestination 2035 Mutual Fund, which is reflected in its stock price. It is based on Mydestination 2035's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Mydestination 2035'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 Mydestination 2035'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 Mydestination 2035 Fund helps investors to forecast how Mydestination 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 Mydestination 2035 more accurately as focusing exclusively on Mydestination 2035's fundamentals will not take into account other important factors: Mydestination 2035 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mydestination 2035's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Mydestination 2035 Fund, and traders can use it to determine the average amount a Mydestination 2035'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 = 0.0647
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | GMHYX |
Estimated Market Risk
0.53 actual daily | 4 96% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Mydestination 2035 is performing at about 5% 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 Mydestination 2035 by adding it to a well-diversified portfolio.
Mydestination 2035 Fundamentals Growth
Mydestination Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Mydestination 2035, and Mydestination 2035 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 Mydestination Mutual Fund performance.
Total Asset | 1.43 B | ||||
About Mydestination 2035 Performance
To evaluate Mydestination 2035 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 Mydestination 2035 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 Mydestination 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 Mydestination 2035 market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Mydestination'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 pursues its objective by investing primarily in a diversified portfolio of GuideStone Funds Select Funds that represent various asset classes. It is managed to the specific retirement year included in its name and assumes a retirement age of 65. The Target Date refers to the approximate year an investor in the fund would plan to retire and likely stop making new investments in the fund. At the Target Date, the funds allocation to equities will be approximately 49 percent of its assets.Things to note about Mydestination 2035 performance evaluation
Checking the ongoing alerts about Mydestination 2035 for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Mydestination 2035 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.The fund retains about 18.95% of its assets under management (AUM) in cash |
- Analyzing Mydestination 2035'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 Mydestination 2035's stock is overvalued or undervalued compared to its peers.
- Examining Mydestination 2035'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 Mydestination 2035's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mydestination 2035's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Mydestination 2035's mutual fund. These opinions can provide insight into Mydestination 2035's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Mydestination 2035 Fund. 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 manufacturing. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.