Fa529 Mutual Fund Manager Performance Evaluation

Mutual Funds . USA . 
Fund . Fa529 Gr Op
FGDPX Fund  USD 39.84  0.21  0.52%   
The fund owns a Beta (Systematic Risk) of 1.2617, which means a somewhat significant risk relative to the market. Let's try to break down what Fa529's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fa529 Gr will likely underperform. Although it is important to respect Fa529 Gr Op existing price patterns, it is better to be realistic regarding the information on the equity's price patterns. The approach into predicting 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 analyzing Fa529 Gr Op technical indicators, you can today evaluate if the expected return of 0.18% will be sustainable into the future.
  

Fa529 Performance

9 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in Fa529 Gr Op are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Fa529 Gr may actually be approaching a critical reversion point that can send shares even higher in April 2023.
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Fa529 Gr Relative Risk vs. Return Landscape

If you would invest  3,580  in Fa529 Gr Op on December 26, 2022 and sell it today you would earn a total of  404.00  from holding Fa529 Gr Op or generate 11.28% return on investment over 90 days. Fa529 Gr Op is currently producing 0.1842% returns and takes up 1.5343% volatility of returns over 90 trading days. Put another way, 13% of traded mutual funds are less volatile than Fa529, and 97% 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 Fa529 Gr is expected to generate 1.62 times more return on investment than the market. However, the company is 1.62 times more volatile than its market benchmark. It trades about 0.12 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.05 per unit of risk.

Fa529 Gr Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fa529 Gr's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fa529 Gr Op, and traders can use it to determine the average amount a Fa529 Gr'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 = 0.12

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Estimated Market Risk

 1.53
  actual daily
 13 
87% of assets are more volatile
1313

Expected Return

 0.18
  actual daily
 3 
97% of assets have higher returns
33

Risk-Adjusted Return

 0.12
  actual daily
 9 
91% of assets perform better
99
Based on monthly moving average Fa529 Gr 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 Fa529 Gr by adding it to a well-diversified portfolio.
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