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.
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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. Inspite fairly strong basic indicators, Zacks Market is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
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 March 26, 2019 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.
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Zacks Market Current Valuation

Not valued
April 25, 2019
14.22
Market Value
0.00
Real Value
0.00
Upside
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
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ZMNAX
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 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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