ASLKX Mutual Fund Manager Performance Evaluation

ASLKX -  USA Fund  

USD 15.19  0.02  0.13%

The fund owns a Beta (Systematic Risk) of 0.0581, which signifies not very significant fluctuations relative to the market. Let's try to break down what ASLKX's beta means in this case. As returns on the market increase, Ab Cap returns are expected to increase less than the market. However, during the bear market, the loss on holding Ab Cap will be expected to be smaller as well. Although it is extremely important to respect Ab Cap Fund existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach 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 examining Ab Cap Fund technical indicators, you can at this time evaluate if the expected return of 0.0509% will be sustainable into the future.

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 ASLKX Performance
9 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Ab Cap Fund are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward-looking signals, Ab Cap is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low13.01
Fifty Two Week High15.35
Annual Report Expense Ratio1.96%

Ab Cap Relative Risk vs. Return Landscape

If you would invest  1,474  in Ab Cap Fund on June 19, 2021 and sell it today you would earn a total of  45.00  from holding Ab Cap Fund or generate 3.05% return on investment over 90 days. Ab Cap Fund is currently producing 0.0509% returns and takes up 0.3896% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than ASLKX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Ab Cap is expected to generate 0.61 times more return on investment than the market. However, the company is 1.63 times less risky than the market. It trades about 0.13 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

Ab Cap Current Valuation

Fairly Valued
Today
15.19
17th of September 2021
Share
Please note that Ab Cap's price fluctuation is very steady at this time.
Ab Cap Fund owns a latest Real Value of $15.08 per share. The recent price of the fund is $15.19. At this time, the entity appears to be fairly valued. We determine the value of Ab Cap Fund from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued equities and dropping overvalued equities since, at some future date, stock prices and their ongoing real values will grow together.
Our valuation method for Ab Cap Fund is useful when determining the fair value of the ASLKX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Ab Cap. Since Ab Cap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ASLKX Mutual Fund. However, Ab Cap'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.
15.08
Real Value
15.47
Upside
Estimating the potential upside or downside of Ab Cap Fund helps investors to forecast how ASLKX 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 Ab Cap more accurately as focusing exclusively on Ab Cap's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
14.7015.0915.48
Details

Ab Cap Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Cap's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ab Cap Fund, and traders can use it to determine the average amount a Ab Cap'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 = 0.1306

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Estimated Market Risk
 0.39
  actual daily
 
 3 %
of total potential
 
33
Expected Return
 0.05
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.13
  actual daily
 
 9 %
of total potential
 
99
Based on monthly moving average Ab Cap is performing at about 9% 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 Ab Cap by adding it to a well-diversified portfolio.

About Ab Cap Performance

To evaluate Ab Cap Fund 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 Ab Cap 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 ASLKX 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 Ab Cap Fund stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents ASLKX'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.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of U.S. companies, short positions in such securities, and cash and U.S. cash equivalents. Ab Cap is traded on NASDAQ Exchange in the United States.

Things to note about Ab Cap Fund

Checking the ongoing alerts about Ab Cap for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ab Cap Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Ab Cap Alerts

Equity Alerts and Improvement Suggestions

Ab Cap Fund is unlikely to experience financial distress in the next 2 years
The fund holds about 26.89% of its assets under management (AUM) in cash
Please continue to Trending Equities. Note that the Ab Cap Fund information on this page should be used as a complementary analysis to other Ab Cap'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Ab Cap Fund price analysis, check to measure Ab Cap'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 Ab Cap is operating at the current time. Most of Ab Cap's value examination focuses on studying past and present price action to predict the probability of Ab Cap's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ab Cap's price. Additionally, you may evaluate how the addition of Ab Cap to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ab Cap's value and its price as these two are different measures arrived at by different means. Investors typically determine Ab Cap value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Cap'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.