Fa529 Gr Op Fund Manager Performance Evaluation

FGDPX Fund  USD 56.82  0.17  0.30%   
The fund owns a Beta (Systematic Risk) of 1.36, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fa529 Gr will likely underperform.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Fa529 Gr Op are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly inconsistent basic indicators, Fa529 Gr may actually be approaching a critical reversion point that can send shares even higher in May 2024.
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03/21/2024
Expense Ratio0.0400
  

Fa529 Gr Relative Risk vs. Return Landscape

If you would invest  5,331  in Fa529 Gr Op on January 20, 2024 and sell it today you would earn a total of  351.00  from holding Fa529 Gr Op or generate 6.58% return on investment over 90 days. Fa529 Gr Op is currently producing 0.1099% returns and takes up 1.1958% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Fa529, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon Fa529 Gr is expected to generate 1.92 times more return on investment than the market. However, the company is 1.92 times more volatile than its market benchmark. It trades about 0.09 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.1 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 = 0.0919

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Estimated Market Risk

 1.2
  actual daily
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90% of assets are more volatile

Expected Return

 0.11
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98% of assets have higher returns

Risk-Adjusted Return

 0.09
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93% of assets perform better
Based on monthly moving average Fa529 Gr is performing at about 7% 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.

About Fa529 Gr Performance

To evaluate Fa529 Gr Op 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 Fa529 Gr 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 Fa529 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 Fa529 Gr Op market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Fa529'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.
Fa529 Gr is entity of United States. It is traded as Fund on NMFQS exchange.

Things to note about Fa529 Gr Op performance evaluation

Checking the ongoing alerts about Fa529 Gr for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fa529 Gr Op help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Evaluating Fa529 Gr's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Fa529 Gr's mutual fund performance include:
  • Analyzing Fa529 Gr'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 Fa529 Gr's stock is overvalued or undervalued compared to its peers.
  • Examining Fa529 Gr'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 Fa529 Gr's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fa529 Gr's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Fa529 Gr's mutual fund. These opinions can provide insight into Fa529 Gr's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Fa529 Gr's mutual fund performance is not an exact science, and many factors can impact Fa529 Gr'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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fa529 Gr Op. 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 american community survey.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Please note, there is a significant difference between Fa529 Gr's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fa529 Gr is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fa529 Gr'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.