T Rowe Price Fund Manager Performance Evaluation

TRZAX Fund  USD 46.74  0.70  1.52%   
The entity has a beta of -0.0815, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning T Rowe are expected to decrease at a much lower rate. During the bear market, T Rowe is likely to outperform the market.

Risk-Adjusted Performance

26 of 100

 
Low
 
High
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in T Rowe Price are ranked lower than 26 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, T Rowe may actually be approaching a critical reversion point that can send shares even higher in April 2024.
...more
  

T Rowe Relative Risk vs. Return Landscape

If you would invest  4,186  in T Rowe Price on December 29, 2023 and sell it today you would earn a total of  488.00  from holding T Rowe Price or generate 11.66% return on investment over 90 days. T Rowe Price is currently producing 0.1823% returns and takes up 0.5241% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than TRZAX, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon T Rowe is expected to generate 0.91 times more return on investment than the market. However, the company is 1.09 times less risky than the market. It trades about 0.35 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of risk.

T Rowe Current Valuation

Overvalued
Today
46.74
Please note that T Rowe's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. T Rowe Price has a current Real Value of $42.42 per share. The regular price of the fund is $46.74. We determine the value of T Rowe Price from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some future date, mutual fund prices and their ongoing real values will draw towards each other.
Our valuation method for T Rowe Price is useful when determining the fair value of the TRZAX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of T Rowe. Since T Rowe is currently traded on the exchange, buyers and sellers on that exchange determine the market value of TRZAX Mutual Fund. However, T Rowe'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  46.74 Real  42.42 Hype  46.74 Naive  46.46
The real value of TRZAX Mutual Fund, also known as its intrinsic value, is the underlying worth of T Rowe Price Mutual Fund, which is reflected in its stock price. It is based on T Rowe's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of T Rowe'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 T Rowe'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.
42.42
Real Value
51.41
Upside
Estimating the potential upside or downside of T Rowe Price helps investors to forecast how TRZAX 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 T Rowe more accurately as focusing exclusively on T Rowe's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
45.6146.2746.93
Details
Hype
Prediction
LowEstimatedHigh
46.2246.7447.26
Details
Naive
Forecast
LowNext ValueHigh
45.9446.4646.98
Details

T Rowe Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for T Rowe's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as T Rowe Price, and traders can use it to determine the average amount a T Rowe'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 = 0.3478

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsTRZAX
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.52
  actual daily
4
96% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.35
  actual daily
26
74% of assets perform better
Based on monthly moving average T Rowe is performing at about 26% 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 T Rowe by adding it to a well-diversified portfolio.

T Rowe Fundamentals Growth

TRZAX Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of T Rowe, and T Rowe 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 TRZAX Mutual Fund performance.

About T Rowe Performance

To evaluate T Rowe Price 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 T Rowe 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 TRZAX 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 T Rowe Price market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents TRZAX'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.
At least 65 percent of the funds total assets will normally be invested in common stocks that the portfolio manager regards as undervalued. The fund may purchase stocks issued by companies of any size, but typically focuses its investments on large-cap stocks.

Things to note about T Rowe Price performance evaluation

Checking the ongoing alerts about T Rowe for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for T Rowe Price help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains about 7.37% of its assets in cash
Evaluating T Rowe's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate T Rowe's mutual fund performance include:
  • Analyzing T Rowe'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 T Rowe's stock is overvalued or undervalued compared to its peers.
  • Examining T Rowe'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 T Rowe's management team can have a significant impact on its success or failure. Reviewing the track record and experience of T Rowe's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of T Rowe's mutual fund. These opinions can provide insight into T Rowe's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating T Rowe's mutual fund performance is not an exact science, and many factors can impact T Rowe's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. 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 nation.
Note that the T Rowe Price information on this page should be used as a complementary analysis to other T Rowe's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for TRZAX Mutual Fund analysis

When running T Rowe's price analysis, check to measure T Rowe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T Rowe is operating at the current time. Most of T Rowe's value examination focuses on studying past and present price action to predict the probability of T Rowe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T Rowe's price. Additionally, you may evaluate how the addition of T Rowe to your portfolios can decrease your overall portfolio volatility.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Please note, there is a significant difference between T Rowe's value and its price as these two are different measures arrived at by different means. Investors typically determine if T Rowe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T Rowe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.