Multi Manager Directional Alternative Fund Manager Performance Evaluation

CDAZX Fund  USD 7.27  0.02  0.28%   
The fund secures a Beta (Market Risk) of 0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Multi-manager Directional's returns are expected to increase less than the market. However, during the bear market, the loss of holding Multi-manager Directional is expected to be smaller as well.

Risk-Adjusted Performance

28 of 100

 
Low
 
High
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Multi Manager Directional Alternative are ranked lower than 28 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Multi-manager Directional may actually be approaching a critical reversion point that can send shares even higher in April 2024.
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Expense Ratio2.3500
  

Multi-manager Directional Relative Risk vs. Return Landscape

If you would invest  677.00  in Multi Manager Directional Alternative on December 29, 2023 and sell it today you would earn a total of  50.00  from holding Multi Manager Directional Alternative or generate 7.39% return on investment over 90 days. Multi Manager Directional Alternative is currently producing 0.1155% returns and takes up 0.3158% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Multi-manager, and 98% 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 Multi-manager Directional is expected to generate 1.15 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.81 times less risky than the market. It trades about 0.37 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 of returns per unit of risk over similar time horizon.

Multi-manager Directional Current Valuation

Overvalued
Today
7.27
Please note that Multi-manager Directional's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Multi-manager Directional secures a last-minute Real Value of $6.74 per share. The latest price of the fund is $7.27. We determine the value of Multi-manager Directional 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 Multi Manager Directional Alternative is useful when determining the fair value of the Multi-manager mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Multi-manager Directional. Since Multi-manager Directional is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Multi-manager Mutual Fund. However, Multi-manager Directional'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  7.27 Real  6.74 Hype  7.27 Naive  7.26
The real value of Multi-manager Mutual Fund, also known as its intrinsic value, is the underlying worth of Multi-manager Directional Mutual Fund, which is reflected in its stock price. It is based on Multi-manager Directional's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Multi-manager Directional'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 Multi-manager Directional'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.
6.74
Real Value
8.00
Upside
Estimating the potential upside or downside of Multi Manager Directional Alternative helps investors to forecast how Multi-manager 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 Multi-manager Directional more accurately as focusing exclusively on Multi-manager Directional's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.247.267.28
Details
Hype
Prediction
LowEstimatedHigh
6.957.277.59
Details
Naive
Forecast
LowNext ValueHigh
6.947.267.58
Details

Multi-manager Directional Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Multi-manager Directional's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Multi Manager Directional Alternative, and traders can use it to determine the average amount a Multi-manager Directional'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 = 0.3657

Best PortfolioBest Equity
Good Returns
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Estimated Market Risk

 0.32
  actual daily
2
98% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.37
  actual daily
28
72% of assets perform better
Based on monthly moving average Multi-manager Directional is performing at about 28% 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 Multi-manager Directional by adding it to a well-diversified portfolio.

Multi-manager Directional Fundamentals Growth

Multi-manager Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Multi-manager Directional, and Multi-manager Directional 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 Multi-manager Mutual Fund performance.
Total Asset285.91 M

About Multi-manager Directional Performance

To evaluate Multi-manager Directional 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 Multi-manager Directional 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 Multi-manager 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 Multi-manager Directional market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Multi-manager'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 investment objective by allocating the funds assets among different asset managers that collectively use various investment styles and strategies, including, for example, fundamental , macroeconomic , andor quantitative methods or models, across different markets. It may invest in foreign and domestic equity securities, and debt instruments, as well as derivative instruments, and exchange-traded funds and other investment companies.

Things to note about Multi-manager Directional performance evaluation

Checking the ongoing alerts about Multi-manager Directional for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Multi-manager Directional 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 37.25% of its assets under management (AUM) in cash
Evaluating Multi-manager Directional's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Multi-manager Directional's mutual fund performance include:
  • Analyzing Multi-manager Directional'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 Multi-manager Directional's stock is overvalued or undervalued compared to its peers.
  • Examining Multi-manager Directional'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 Multi-manager Directional's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Multi-manager Directional's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Multi-manager Directional's mutual fund. These opinions can provide insight into Multi-manager Directional's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Multi-manager Directional's mutual fund performance is not an exact science, and many factors can impact Multi-manager Directional'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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Multi Manager Directional Alternative. 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 nation.
Note that the Multi-manager Directional information on this page should be used as a complementary analysis to other Multi-manager Directional's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Multi-manager Directional's price analysis, check to measure Multi-manager Directional's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Multi-manager Directional is operating at the current time. Most of Multi-manager Directional's value examination focuses on studying past and present price action to predict the probability of Multi-manager Directional's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Multi-manager Directional's price. Additionally, you may evaluate how the addition of Multi-manager Directional to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Multi-manager Directional's value and its price as these two are different measures arrived at by different means. Investors typically determine if Multi-manager Directional is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Multi-manager Directional's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.