The organization owns Beta (Systematic Risk) of 0.72 which indicates as returns on market increase, USAA returns are expected to increase less than the market. However during bear market, the loss on holding USAA will be expected to be smaller as well. Even though it is essential to pay attention to USAA First Start Growth
existing price patterns
, it is always good to be careful when utilizing equity price patterns
. Macroaxis approach towards measuring future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. USAA exposes twenty-one different technical indicators which can help you to evaluate its performance.
Relative Risk vs. Return Landscape
If you would invest 1,268
in USAA First Start Growth on May 20, 2013
and sell it today you would lose (25.00)
from holding USAA First Start Growth or give up 1.97%
of portfolio value over 30
days. USAA First Start Growth is currently producing negative expected returns and takes up 0.61% volatility of returns over 30 trading days. Put another way, 7% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, USAA First Start Growth is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.38 times less risky than the market. the firm trades about -0.15 of its potential returns per unit of risk. The S&P 500 is currently generating roughly -0.05 of returns per unit of risk over similar time horizon.
USAA Price to Book
Based on latest financial disclosure the price to book indicator of USAA First Start Growth is roughly 1.69 times. This is 28.03% higher than that of USAA family, and 3.05% higher than that of Moderate Allocation
category, The Price to Book for all funds is 67.33% lower than the firm.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
USAA Year to Date Return
USAA First Start Growth has Year to Date Return of 6.12%. This is 95.53% higher than that of USAA family, and 64.22% higher than that of Moderate Allocation
category, The Year to Date Return for all funds is 113.24% lower than the firm.
Year-To-Date typically refers to a period starting from the beginning of the current year, and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
USAA Price to Earning vs Price to Book
USAA First Start Growth is rated below average
in price to earning among similar funds. It is rated below average
in price to book among similar funds fabricating about 0.13
of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for USAA First Start Growth is roughly 7.43