Adirondack Small Cap Fund Manager Performance Evaluation
| ADKSX Fund | USD 27.02 0.22 0.82% |
The fund shows a Beta (market volatility) of 1.45, which signifies 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, Adirondack Small will likely underperform.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Adirondack Small Cap are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Adirondack Small may actually be approaching a critical reversion point that can send shares even higher in June 2024.
...more| Expense Ratio Date | 1st of August 2022 | |
| Expense Ratio | 1.4800 |
Adirondack |
Adirondack Small Relative Risk vs. Return Landscape
If you would invest 2,529 in Adirondack Small Cap on February 4, 2024 and sell it today you would earn a total of 173.00 from holding Adirondack Small Cap or generate 6.84% return on investment over 90 days. Adirondack Small Cap is currently producing 0.1106% returns and takes up 1.0604% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Adirondack, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Adirondack Small Current Valuation
Fairly Valued
Today
Please note that Adirondack Small's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Adirondack Small Cap shows a prevailing Real Value of $26.68 per share. The current price of the fund is $27.02. We determine the value of Adirondack Small Cap 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 Adirondack Small Cap is useful when determining the fair value of the Adirondack mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Adirondack Small. Since Adirondack Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Adirondack Mutual Fund. However, Adirondack 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 27.02 | Real 26.68 | Hype 26.8 | Naive 27.41 |
The real value of Adirondack Mutual Fund, also known as its intrinsic value, is the underlying worth of Adirondack Small Cap Mutual Fund, which is reflected in its stock price. It is based on Adirondack Small's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Adirondack Small'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 Adirondack Small'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 Adirondack Small Cap helps investors to forecast how Adirondack 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 Adirondack Small more accurately as focusing exclusively on Adirondack Small's fundamentals will not take into account other important factors: Adirondack Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adirondack Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Adirondack Small Cap, and traders can use it to determine the average amount a Adirondack 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 = 0.1043
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | ADKSX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Adirondack Small is performing at about 8% 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 Adirondack Small by adding it to a well-diversified portfolio.
Adirondack Small Fundamentals Growth
Adirondack Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Adirondack Small, and Adirondack 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 Adirondack Mutual Fund performance.
| Price To Earning | 15.68 X | ||||
| Price To Book | 1.14 X | ||||
| Price To Sales | 0.58 X | ||||
About Adirondack Small Performance
To evaluate Adirondack 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 Adirondack 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 Adirondack 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 Adirondack Small Cap market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Adirondack'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 seeks to achieve its objective by investing in a diversified portfolio of undervalued common stocks of small capitalization companies as determined by the advisor. Under normal circumstances, at least 80 percent of the funds total assets will be invested in common stocks of small capitalization companies. The fund may invest up to 15 percent of its total assets in sponsored ADRs issued by foreign companies.Things to note about Adirondack Small Cap performance evaluation
Checking the ongoing alerts about Adirondack Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Adirondack 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 holds 98.57% of its assets under management (AUM) in equities |
- Analyzing Adirondack 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 Adirondack Small's stock is overvalued or undervalued compared to its peers.
- Examining Adirondack 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 Adirondack Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Adirondack Small's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Adirondack Small's mutual fund. These opinions can provide insight into Adirondack Small'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 Adirondack 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 state. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.