Mrito Desenvolvimento (Brazil) Manager Performance Evaluation
| MFII11 Fund | BRL 103.86 0.97 0.94% |
The fund secures a Beta (Market Risk) of -0.0883, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mrito Desenvolvimento are expected to decrease at a much lower rate. During the bear market, Mrito Desenvolvimento is likely to outperform the market.
Risk-Adjusted Performance
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Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Mrito Desenvolvimento Imobilirio are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong basic indicators, Mrito Desenvolvimento is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Fifty Two Week Low | 65.13 | |
| Fifty Two Week High | 121.14 |
Mrito |
Mrito Desenvolvimento Relative Risk vs. Return Landscape
If you would invest 10,315 in Mrito Desenvolvimento Imobilirio on February 3, 2024 and sell it today you would earn a total of 71.00 from holding Mrito Desenvolvimento Imobilirio or generate 0.69% return on investment over 90 days. Mrito Desenvolvimento Imobilirio is generating 0.0133% of daily returns and assumes 0.644% volatility on return distribution over the 90 days horizon. Simply put, 5% of funds are less volatile than Mrito, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mrito Desenvolvimento Current Valuation
Overvalued
Today
Please note that Mrito Desenvolvimento's price fluctuation is very steady at this time. Based on Macroaxis valuation methodology, the fund is overvalued. Mrito Desenvolvimento secures a last-minute Real Value of R$95.69 per share. The latest price of the fund is R$103.86. Our model forecasts the value of Mrito Desenvolvimento from analyzing the fund technical indicators and probability of bankruptcy. In general, investors recommend taking in undervalued funds and trading overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Our valuation method for Mrito Desenvolvimento Imobilirio is useful when determining the fair value of the Mrito fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Mrito Desenvolvimento. Since Mrito Desenvolvimento is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mrito Fund. However, Mrito Desenvolvimento'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 103.86 | Real 95.69 | Hype 103.86 | Naive 103.43 |
The real value of Mrito Fund, also known as its intrinsic value, is the underlying worth of Mrito Desenvolvimento Fund, which is reflected in its stock price. It is based on Mrito Desenvolvimento's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Mrito Desenvolvimento'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 Mrito Desenvolvimento'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 Mrito Desenvolvimento Imobilirio helps investors to forecast how Mrito 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 Mrito Desenvolvimento more accurately as focusing exclusively on Mrito Desenvolvimento's fundamentals will not take into account other important factors: Mrito Desenvolvimento Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mrito Desenvolvimento's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Mrito Desenvolvimento Imobilirio, and traders can use it to determine the average amount a Mrito Desenvolvimento'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 = 0.0206
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| Negative Returns | MFII11 |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Mrito Desenvolvimento is performing at about 1% 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 Mrito Desenvolvimento by adding it to a well-diversified portfolio.
Mrito Desenvolvimento Fundamentals Growth
Mrito Fund prices reflect investors' perceptions of the future prospects and financial health of Mrito Desenvolvimento, and Mrito Desenvolvimento 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 Mrito Fund performance.
About Mrito Desenvolvimento Performance
To evaluate Mrito Desenvolvimento 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 Mrito Desenvolvimento 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 Mrito 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 Mrito Desenvolvimento market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Mrito'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.Merito Desenvolvimento Imobiliario FII Fund specializes in real estate investments. FII MERITO operates under REIT - Diversified classification in Brazil and is traded on Sao Paolo Stock Exchange.Things to note about Mrito Desenvolvimento performance evaluation
Checking the ongoing alerts about Mrito Desenvolvimento for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Mrito Desenvolvimento help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Mrito Desenvolvimento's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Mrito Desenvolvimento's fund performance include:- Analyzing Mrito Desenvolvimento'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 Mrito Desenvolvimento's stock is overvalued or undervalued compared to its peers.
- Examining Mrito Desenvolvimento'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 Mrito Desenvolvimento's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mrito Desenvolvimento's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Mrito Desenvolvimento's fund. These opinions can provide insight into Mrito Desenvolvimento's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mrito Desenvolvimento Imobilirio. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.