Ivy Small Cap Fund Manager Performance Evaluation
IYSYX Fund | USD 16.60 0.02 0.12% |
The fund retains a Market Volatility (i.e., Beta) of 1.5, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ivy Small will likely underperform. Although it is important to respect Ivy Small Cap current price history, it is better to be realistic regarding the information on the equity's current price movements.
Risk-Adjusted Performance
3 of 100
Low | High |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Ivy Small Cap are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Ivy Small is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | 2023s Best-Performing U.S. Stock Funds - Morningstar | 12/21/2023 |
Expense Ratio | 1.1400 |
Ivy |
Ivy Small Relative Risk vs. Return Landscape
If you would invest 1,616 in Ivy Small Cap on December 19, 2023 and sell it today you would earn a total of 44.00 from holding Ivy Small Cap or generate 2.72% return on investment over 90 days. Ivy Small Cap is currently producing 0.0488% returns and takes up 0.9838% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Ivy, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Ivy Small Current Valuation
Fairly Valued
Today
Please note that Ivy Small's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Ivy Small Cap retains a regular Real Value of $16.53 per share. The prevalent price of the fund is $16.6. We determine the value of Ivy Small Cap from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Our valuation method for Ivy Small Cap is useful when determining the fair value of the Ivy mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Ivy Small. Since Ivy Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ivy Mutual Fund. However, Ivy Small'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 16.6 | Real 16.53 | Hype 16.61 | Naive 16.59 |
The real value of a stock, also known as the intrinsic value, is the underlying worth of a company that is reflected in its stock price. It is based on the company's financial performance, assets, liabilities, growth prospects, management team, industry conditions, and other relevant factors. The real value of a stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, price-to-book ratio, and other valuation metrics. The real value of a stock 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 the stock's price. It is important to note that the real value of a stock is not a fixed number and may change over time based on changes in the company's performance and other relevant factors.
Estimating the potential upside or downside of Ivy Small Cap helps investors to forecast how Ivy 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 Ivy Small more accurately as focusing exclusively on Ivy Small's fundamentals will not take into account other important factors: Ivy Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ivy Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ivy Small Cap, and traders can use it to determine the average amount a Ivy Small'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 = 0.0496
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | IYSYX |
Estimated Market Risk
0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Ivy Small is performing at about 3% 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 Ivy Small by adding it to a well-diversified portfolio.
Ivy Small Fundamentals Growth
Ivy Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ivy Small, and Ivy Small 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 Ivy Mutual Fund performance.
Price To Earning | 1.66 X | ||||
Price To Book | 2.25 X | ||||
Price To Sales | 1.05 X | ||||
Total Asset | 471.54 M | ||||
About Ivy Small Performance
To evaluate Ivy Small Cap 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 Ivy Small 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 Ivy 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 Ivy Small Cap market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ivy'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 invests primarily in various types of equity securities of small- and mid-capitalization companies that the manager believes have the greatest potential for capital appreciation. At least 80 percent of the funds net assets will be invested in common stocks of small- and mid-capitalization companies. Small-capitalization companies typically are companies with market capitalizations similar to those of issuers included in the Russell 2500TM Index at the time of purchase and mid-capitalization companies are those within the market capitalization range of the Russell Midcap Index at the time of purchase.Things to note about Ivy Small Cap performance evaluation
Checking the ongoing alerts about Ivy Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ivy Small Cap 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 98.52% of its assets under management (AUM) in equities |
- Analyzing Ivy Small'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 Ivy Small's stock is overvalued or undervalued compared to its peers.
- Examining Ivy Small'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 Ivy Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ivy Small's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ivy Small's mutual fund. These opinions can provide insight into Ivy Small'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 Ivy Small Cap. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Ivy Mutual Fund analysis
When running Ivy Small's price analysis, check to measure Ivy Small'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 Ivy Small is operating at the current time. Most of Ivy Small's value examination focuses on studying past and present price action to predict the probability of Ivy Small's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ivy Small's price. Additionally, you may evaluate how the addition of Ivy Small to your portfolios can decrease your overall portfolio volatility.
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