Smallcap Sp 600 Fund Manager Performance Evaluation
| PSSSX Fund | USD 26.68 0.40 1.52% |
The entity has a beta of 0.0343, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Smallcap's returns are expected to increase less than the market. However, during the bear market, the loss of holding Smallcap is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Smallcap Sp 600 are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Smallcap is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.5400 |
Smallcap |
Smallcap Relative Risk vs. Return Landscape
If you would invest 2,580 in Smallcap Sp 600 on February 3, 2024 and sell it today you would earn a total of 88.00 from holding Smallcap Sp 600 or generate 3.41% return on investment over 90 days. Smallcap Sp 600 is currently producing 0.0607% returns and takes up 1.159% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Smallcap, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Smallcap Current Valuation
Overvalued
Today
Please note that Smallcap's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Smallcap Sp 600 has a current Real Value of $25.37 per share. The regular price of the fund is $26.68. We determine the value of Smallcap Sp 600 from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Our valuation method for Smallcap Sp 600 is useful when determining the fair value of the Smallcap mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Smallcap. Since Smallcap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Smallcap Mutual Fund. However, Smallcap'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. | Historical | Market 26.68 | Real 25.37 | Hype 26.7 | Naive 27.27 |
The real value of Smallcap Mutual Fund, also known as its intrinsic value, is the underlying worth of Smallcap Sp 600 Mutual Fund, which is reflected in its stock price. It is based on Smallcap's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Smallcap's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Smallcap's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Smallcap Sp 600 helps investors to forecast how Smallcap 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 Smallcap more accurately as focusing exclusively on Smallcap's fundamentals will not take into account other important factors: Smallcap Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smallcap's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Smallcap Sp 600, and traders can use it to determine the average amount a Smallcap'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 = 0.0524
| Best Portfolio | Best Equity | |||
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| Cash | PSSSX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Smallcap is performing at about 4% 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 Smallcap by adding it to a well-diversified portfolio.
Smallcap Fundamentals Growth
Smallcap Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Smallcap, and Smallcap fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Smallcap Mutual Fund performance.
| Price To Earning | 20.62 X | ||||
| Price To Book | 1.99 X | ||||
| Price To Sales | 1.01 X | ||||
| Total Asset | 1.13 B | ||||
About Smallcap Performance
To evaluate Smallcap Sp 600 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 Smallcap 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 Smallcap 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 Smallcap Sp 600 market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Smallcap'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, plus any borrowings for investment purposes, in equity securities of companies that compose the Standard Poors SmallCap 600 Index at the time of purchase. The index is designed to represent U.S. equities with riskreturn characteristics of the small cap universe. The fund uses derivative strategies and invests in exchange-traded funds .Things to note about Smallcap Sp 600 performance evaluation
Checking the ongoing alerts about Smallcap for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Smallcap Sp 600 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Smallcap Sp 600 maintains 96.03% of its assets in stocks |
- Analyzing Smallcap'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 Smallcap's stock is overvalued or undervalued compared to its peers.
- Examining Smallcap'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 Smallcap's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Smallcap's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Smallcap's mutual fund. These opinions can provide insight into Smallcap's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Smallcap Sp 600. 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 state. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.