FEGDX Mutual Fund Manager Performance Evaluation

FEGDX -  USA Fund  

USD 68.95  1.06  1.51%

The fund owns a Beta (Systematic Risk) of 0.7732, which means possible diversification benefits within a given portfolio. Let's try to break down what FEGDX's beta means in this case. As returns on the market increase, Fa 529 returns are expected to increase less than the market. However, during the bear market, the loss on holding Fa 529 will be expected to be smaller as well. Even though it is essential to pay attention to Fa 529 Equity existing price patterns, it is always good to be careful when utilizing equity price patterns. Our approach towards predicting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Fa 529 exposes twenty-one different technical indicators, which can help you to evaluate its performance.

FEGDX Mutual Fund Performance 

 
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FEGDX Performance
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Over the last 90 days Fa 529 Equity has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental indicators, Fa 529 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.

Fa 529 Relative Risk vs. Return Landscape

If you would invest  6,996  in Fa 529 Equity on September 4, 2021 and sell it today you would lose (101.00)  from holding Fa 529 Equity or give up 1.44% of portfolio value over 90 days. Fa 529 Equity is currently producing negative expected returns and takes up 1.0169% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than FEGDX, 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 Fa 529 is expected to generate 1.21 times more return on investment than the market. However, the company is 1.21 times more volatile than its market benchmark. It trades about -0.02 of its potential returns per unit of risk. The DOW is currently generating roughly -0.03 per unit of risk.

Fa 529 Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fa 529's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fa 529 Equity, and traders can use it to determine the average amount a Fa 529'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 = -0.0177

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Estimated Market Risk
 1.02
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 8 %
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Based on monthly moving average Fa 529 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 Fa 529 by adding it to a well-diversified portfolio.

About Fa 529 Performance

To evaluate Fa 529 Equity 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 Fa 529 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 FEGDX 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 Fa 529 Equity 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 FEGDX'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.

Things to note about Fa 529 Equity

Checking the ongoing alerts about Fa 529 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fa 529 Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Fa 529 Alerts

Equity Alerts and Improvement Suggestions

Fa 529 Equity generated a negative expected return over the last 90 days
Please check Investing Opportunities. Note that the Fa 529 Equity information on this page should be used as a complementary analysis to other Fa 529'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Fa 529 Equity price analysis, check to measure Fa 529'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 Fa 529 is operating at the current time. Most of Fa 529's value examination focuses on studying past and present price action to predict the probability of Fa 529's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fa 529's price. Additionally, you may evaluate how the addition of Fa 529 to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Fa 529's value and its price as these two are different measures arrived at by different means. Investors typically determine Fa 529 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fa 529'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.