Tax-Managed Mutual Fund Manager Performance Evaluation

RTLCX -  USA Fund  

USD 53.20  0.02  0.0376%

The entity has a beta of 1.1729, which indicates a somewhat significant risk relative to the market. Let's try to break down what Tax-Managed'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, Tax-Managed will likely underperform. Even though it is essential to pay attention to Tax-Managed US Large current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring 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. Tax-Managed US Large exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
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Tax-Managed Performance
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Over the last 90 days Tax-Managed US Large has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
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Tax-Managed Price Channel

Fifty Two Week Low53.26
Fifty Two Week High65.66

Tax-Managed Relative Risk vs. Return Landscape

If you would invest  5,891  in Tax-Managed US Large on February 22, 2022 and sell it today you would lose (571.00)  from holding Tax-Managed US Large or give up 9.69% of portfolio value over 90 days. Tax-Managed US Large is currently producing negative expected returns and takes up 1.6358% volatility of returns over 90 trading days. Put another way, 14% of traded mutual funds are less volatile than Tax-Managed, 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 Tax-Managed is expected to under-perform the market. In addition to that, the company is 1.23 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of volatility.

Tax-Managed Current Valuation

Undervalued
Today 53.20
Share
Please note that Tax-Managed's price fluctuation is very steady at this time.
Tax-Managed US Large has a current Real Value of $54.41 per share. The regular price of the fund is $53.2. At this time, the fund appears to be undervalued. We determine the value of Tax-Managed US Large from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued stocks and dropping overvalued stocks since, at some point, stock prices and their ongoing real values will draw towards each other.
Our valuation method for Tax-Managed US Large is useful when determining the fair value of the Tax-Managed mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Tax-Managed. Since Tax-Managed is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tax-Managed Mutual Fund. However, Tax-Managed'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.
54.41
Real Value
56.05
Upside
Estimating the potential upside or downside of Tax-Managed US Large helps investors to forecast how Tax-Managed 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 Tax-Managed more accurately as focusing exclusively on Tax-Managed's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
52.2253.9955.75
Details
Hype
Prediction
LowEstimated ValueHigh
51.5653.2054.84
Details
Naive
Forecast
LowNext ValueHigh
51.0352.6654.30
Details

Tax-Managed Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tax-Managed's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Tax-Managed US Large, and traders can use it to determine the average amount a Tax-Managed'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 = -0.0892

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Negative ReturnsRTLCX
Estimated Market Risk
 1.64
  actual daily
 
 14 %
of total potential
 
1414
Expected Return
 -0.15
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.09
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Tax-Managed 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 Tax-Managed by adding it to a well-diversified portfolio.

About Tax-Managed Performance

To evaluate Tax-Managed US Large 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 Tax-Managed 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 Tax-Managed 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 Tax-Managed US Large 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 Tax-Managed'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.
The investment seeks to provide long term capital growth on an after-tax basis. Tax-Managed is traded on NASDAQ Exchange in the United States.

Things to note about Tax-Managed US Large

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

Tax-Managed Alerts

Equity Alerts and Improvement Suggestions

Tax-Managed US Large generated a negative expected return over the last 90 days
Tax-Managed US Large is unlikely to experience financial distress in the next 2 years
The fund maintains 97.6% of its assets in stocks
Additionally, take a look at Your Equity Center. Note that the Tax-Managed US Large information on this page should be used as a complementary analysis to other Tax-Managed'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Tax-Managed Mutual Fund analysis

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