Amana Income Fund Manager Performance Evaluation
| AMANX Fund | USD 63.96 0.53 0.84% |
The fund shows a Beta (market volatility) of 0.81, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amana Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amana Income is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Amana Income Fund are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Amana Income is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 30th of September 2022 | |
| Expense Ratio | 1.0200 |
Amana |
Amana Income Relative Risk vs. Return Landscape
If you would invest 6,181 in Amana Income Fund on February 4, 2024 and sell it today you would earn a total of 215.00 from holding Amana Income Fund or generate 3.48% return on investment over 90 days. Amana Income Fund is currently producing 0.0553% returns and takes up 0.6103% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Amana, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Amana Income Current Valuation
Fairly Valued
Today
Please note that Amana Income's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Amana Income shows a prevailing Real Value of $64.05 per share. The current price of the fund is $63.96. We determine the value of Amana Income from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Our valuation method for Amana Income Fund is useful when determining the fair value of the Amana mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Amana Income. Since Amana Income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Amana Mutual Fund. However, Amana Income'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 63.96 | Real 64.05 | Hype 63.96 | Naive 64.69 |
The real value of Amana Mutual Fund, also known as its intrinsic value, is the underlying worth of Amana Income Mutual Fund, which is reflected in its stock price. It is based on Amana Income's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Amana Income'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 Amana Income'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 Amana Income Fund helps investors to forecast how Amana 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 Amana Income more accurately as focusing exclusively on Amana Income's fundamentals will not take into account other important factors: Amana Income Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amana Income's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Amana Income Fund, and traders can use it to determine the average amount a Amana Income'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 = 0.0906
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Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Amana Income is performing at about 7% 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 Amana Income by adding it to a well-diversified portfolio.
Amana Income Fundamentals Growth
Amana Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Amana Income, and Amana Income 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 Amana Mutual Fund performance.
| Price To Earning | 21.05 X | ||||
| Price To Book | 4.94 X | ||||
| Price To Sales | 2.32 X | ||||
| Total Asset | 798.83 M | ||||
About Amana Income Performance
To evaluate Amana Income 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 Amana Income 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 Amana 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 Amana Income market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Amana'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 normally invests at least 80 percent of its total net assets in income-producing securities, primarily dividend-paying common stocks. It invests primarily in dividend-paying common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. The fund diversifies its investments across industries and companies, and principally follows a large-cap value investment style.Things to note about Amana Income performance evaluation
Checking the ongoing alerts about Amana Income for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Amana Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund holds about 10.14% of its assets under management (AUM) in cash |
- Analyzing Amana Income'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 Amana Income's stock is overvalued or undervalued compared to its peers.
- Examining Amana Income'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 Amana Income's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Amana Income's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Amana Income's mutual fund. These opinions can provide insight into Amana Income's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amana Income 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 board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.