The organization shows Beta (market volatility) of 0.0321 which signifies that as returns on market increase, Bridgeway Blue returns are expected to increase less than the market. However during bear market, the loss on holding Bridgeway Blue will be expected to be smaller as well. Although it is extremely important to respect Bridgeway Blue Chip historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Bridgeway Blue Chip technical indicators you can presently evaluate if the expected return of 0.0191% will be sustainable into the future.
Risk-Adjusted Fund Performance
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in Bridgeway Blue Chip Fund are ranked lower than 1 (%) of all funds and portfolios of funds over the last 30 days. Inspite fairly strong basic indicators, Bridgeway Blue is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||11.87|
|Fifty Two Week High||15.84|
|Annual Report Expense Ratio||0.15%|
|Horizon||30 Days Login to change|
Bridgeway Blue Chip Relative Risk vs. Return LandscapeIf you would invest 1,523 in Bridgeway Blue Chip Fund on September 17, 2019 and sell it today you would earn a total of 13.00 from holding Bridgeway Blue Chip Fund or generate 0.85% return on investment over 30 days. Bridgeway Blue Chip Fund is currently producing 0.0191% returns and takes up 1.0201% volatility of returns over 30 trading days. Put another way, 9% 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 (%)
Bridgeway Blue Current Valuation
October 17, 2019
Bridgeway Blue is not too volatile asset. Bridgeway Blue Chip shows prevailing Real Value of $15.28 per share. The current price of the fund is $15.36. At this time the entity appears to be fairly valued. We determine the value of Bridgeway Blue Chip from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.
Bridgeway Blue Market Risk Analysis
Sharpe Ratio = 0.0187
Bridgeway Blue Relative Performance Indicators
Estimated Market Risk