Russell 2000 15x Fund Manager Performance Evaluation
RYMKX Fund | USD 50.22 0.52 1.05% |
The fund holds a Beta of 2.62, which implies 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, Russell 2000 will likely underperform.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Russell 2000 15x are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward-looking signals, Russell 2000 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreExpense Ratio Date | 19th of August 2022 | |
Expense Ratio | 1.7300 |
Russell |
Russell 2000 Relative Risk vs. Return Landscape
If you would invest 4,812 in Russell 2000 15x on January 31, 2024 and sell it today you would earn a total of 210.00 from holding Russell 2000 15x or generate 4.36% return on investment over 90 days. Russell 2000 15x is currently producing 0.0864% returns and takes up 1.8804% volatility of returns over 90 trading days. Put another way, 16% of traded mutual funds are less volatile than Russell, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Russell 2000 Current Valuation
Fairly Valued
Today
Please note that Russell 2000's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Russell 2000 15x holds a recent Real Value of $50.43 per share. The prevailing price of the fund is $50.22. We determine the value of Russell 2000 15x from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support 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 Russell 2000 15x is useful when determining the fair value of the Russell mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Russell 2000. Since Russell 2000 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Russell Mutual Fund. However, Russell 2000'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 50.22 | Real 50.43 | Hype 50.22 | Naive 51.41 |
The real value of Russell Mutual Fund, also known as its intrinsic value, is the underlying worth of Russell 2000 15x Mutual Fund, which is reflected in its stock price. It is based on Russell 2000's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Russell 2000'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 Russell 2000'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 Russell 2000 15x helps investors to forecast how Russell 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 Russell 2000 more accurately as focusing exclusively on Russell 2000's fundamentals will not take into account other important factors: Russell 2000 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Russell 2000's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Russell 2000 15x, and traders can use it to determine the average amount a Russell 2000'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 = 0.046
Best Portfolio | Best Equity | |||
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Cash | Small Risk | RYMKX | High Risk | Huge Risk |
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Estimated Market Risk
1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Russell 2000 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 Russell 2000 by adding it to a well-diversified portfolio.
Russell 2000 Fundamentals Growth
Russell Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Russell 2000, and Russell 2000 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 Russell Mutual Fund performance.
Price To Earning | 19.21 X | ||||
Price To Book | 1.75 X | ||||
Price To Sales | 1.04 X | ||||
Total Asset | 5.81 M | ||||
About Russell 2000 Performance
To evaluate Russell 2000 15x 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 Russell 2000 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 Russell 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 Russell 2000 15x market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Russell'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 employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index, ETFs and derivative instruments. It will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform similarly to the securities of companies included in the underlying index. The fund is non-diversified.Things to note about Russell 2000 15x performance evaluation
Checking the ongoing alerts about Russell 2000 for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Russell 2000 15x help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.The fund generated three year return of -9.0% | |
Russell 2000 15x maintains about 21.18% of its assets in cash |
- Analyzing Russell 2000'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 Russell 2000's stock is overvalued or undervalued compared to its peers.
- Examining Russell 2000'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 Russell 2000's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Russell 2000's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Russell 2000's mutual fund. These opinions can provide insight into Russell 2000's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Russell 2000 15x. 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 industry. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.