Collegeadvantage 529 Savings Fund Manager Performance Evaluation
The fund shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Collegeadvantage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Collegeadvantage is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Weak
Over the last 90 days Collegeadvantage 529 Savings has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Collegeadvantage is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreCollegeadvantage |
Collegeadvantage Relative Risk vs. Return Landscape
If you would invest 3,262 in Collegeadvantage 529 Savings on January 25, 2024 and sell it today you would earn a total of 49.00 from holding Collegeadvantage 529 Savings or generate 1.5% return on investment over 90 days. Collegeadvantage 529 Savings is currently producing 0.0329% returns and takes up 1.3615% volatility of returns over 90 trading days. Put another way, 12% of traded mutual funds are less volatile than Collegeadvantage, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Collegeadvantage Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Collegeadvantage's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Collegeadvantage 529 Savings, and traders can use it to determine the average amount a Collegeadvantage'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 = 0.0241
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IOWAX |
Estimated Market Risk
| 1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Collegeadvantage is performing at about 1% 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 Collegeadvantage by adding it to a well-diversified portfolio.
About Collegeadvantage Performance
To evaluate Collegeadvantage 529 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 Collegeadvantage 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 Collegeadvantage 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 Collegeadvantage 529 market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Collegeadvantage'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 Collegeadvantage 529 performance evaluation
Checking the ongoing alerts about Collegeadvantage for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Collegeadvantage 529 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Collegeadvantage's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Collegeadvantage's mutual fund performance include:- Analyzing Collegeadvantage'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 Collegeadvantage's stock is overvalued or undervalued compared to its peers.
- Examining Collegeadvantage'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 Collegeadvantage's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Collegeadvantage's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Collegeadvantage's mutual fund. These opinions can provide insight into Collegeadvantage's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Collegeadvantage 529 Savings. 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 Collegeadvantage 529 information on this page should be used as a complementary analysis to other Collegeadvantage'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Please note, there is a significant difference between Collegeadvantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Collegeadvantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Collegeadvantage'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.