Zacks Market Manager Performance Evaluation

ZMNAX -- USA Fund  

USD 14.22  0.10  0.70%

The entity maintains market beta of 0.0 which attests that the returns on MARKET and Zacks Market are completely uncorrelated. Although it is extremely important to respect Zacks Market Neutral historical price patterns, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining 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 examining Zacks Market Neutral technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Horizon     30 Days    Login   to change

Zacks Market Neutral Relative Risk vs. Return Landscape

If you would invest  1,422  in Zacks Market Neutral A on November 12, 2018 and sell it today you would earn a total of  0.00  from holding Zacks Market Neutral A or generate 0.0% return on investment over 30 days. Zacks Market Neutral A is currently producing negative expected returns and takes up 0.0% volatility of returns over 30 trading days. Put another way, 0% 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 (%) 
      Risk (%) 

Zacks Market Current Valuation

Not valued
December 12, 2018
Market Value
Real Value
Target Odds
Zacks Market is Unknown risk asset. Zacks Market Neutral prevalent Real Value cannot be determined due to lack of data. The last-minute price of Zacks Market Neutral is $14.22. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Zacks Market Neutral from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to purchase undervalued securities and to sell overvalued securities since at some point equities prices and their ongoing real values will grow together.

Zacks Market Market Risk Analysis

Sharpe Ratio = 0.0
Good Returns
Average Returns
Small Returns
Based on monthly moving average Zacks Market is performing at about 0% 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 Zacks Market by adding it to a well-diversified portfolio.

Zacks Market Performance Rating

Zacks Market Neutral A Risk Adjusted Performance Analysis


Risk-Adjusted Fund Performance

Over the last 30 days Zacks Market Neutral A has generated negative risk-adjusted returns adding no value to fund investors.

Zacks Market Alerts

Equity Alerts and Improvement Suggestions

Zacks Market Neutral is not yet fully synchronised with the market data
Zacks Market Neutral generates negative expected return over the last 30 days
This fund has annual holdings turnover of about 180.0% suggesting active trading
Zacks Market keeps roughly 52.34% of its net assets in cash
See also Your Current Watchlist. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.