Saratoga Mutual Fund Manager Performance Evaluation

SSCPX -  USA Fund  

USD 9.56  0.02  0.21%

The entity has a beta of 1.2898, which indicates a somewhat significant risk relative to the market. Let's try to break down what Saratoga'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, Saratoga Small will likely underperform. Although it is extremely important to respect Saratoga Small Capit current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring 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 inspecting Saratoga Small Capit technical indicators, you can presently evaluate if the expected return of 0.11% will be sustainable into the future.

Saratoga Mutual Fund Performance 

 
Refresh
 Saratoga Performance
7 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Saratoga Small Capitalization are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Saratoga Small may actually be approaching a critical reversion point that can send shares even higher in November 2021.
Fifty Two Week Low6.54
Fifty Two Week High9.63
Annual Report Expense Ratio1.69%

Saratoga Small Relative Risk vs. Return Landscape

If you would invest  895.00  in Saratoga Small Capitalization on July 20, 2021 and sell it today you would earn a total of  61.00  from holding Saratoga Small Capitalization or generate 6.82% return on investment over 90 days. Saratoga Small Capitalization is currently producing 0.1094% returns and takes up 1.1324% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Saratoga, and 98% 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 Saratoga Small is expected to generate 1.57 times more return on investment than the market. However, the company is 1.57 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

Saratoga Small Current Valuation

Undervalued
Today
9.56
18th of October 2021
Share
Please note that Saratoga Small's price fluctuation is not too volatile at this time.
Saratoga Small Capit has a current Real Value of $9.96 per share. The regular price of the fund is $9.56. At this time, the fund appears to be undervalued. We determine the value of Saratoga Small Capit 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 Saratoga Small Capitalization is useful when determining the fair value of the Saratoga mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Saratoga Small. Since Saratoga Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Saratoga Mutual Fund. However, Saratoga Small'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.
9.96
Real Value
11.14
Upside
Estimating the potential upside or downside of Saratoga Small Capitalization helps investors to forecast how Saratoga 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 Saratoga Small more accurately as focusing exclusively on Saratoga Small's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
8.379.5510.73
Details

Saratoga Small Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Saratoga Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Saratoga Small Capitalization, and traders can use it to determine the average amount a Saratoga Small'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 = 0.0966

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSSCPXAverage
Risk
High
Risk
Huge
Risk
Negative Returns
Estimated Market Risk
 1.13
  actual daily
 
 9 %
of total potential
 
99
Expected Return
 0.11
  actual daily
 
 2 %
of total potential
 
22
Risk-Adjusted Return
 0.1
  actual daily
 
 7 %
of total potential
 
77
Based on monthly moving average Saratoga Small 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 Saratoga Small by adding it to a well-diversified portfolio.

About Saratoga Small Performance

To evaluate Saratoga Small Capit 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 Saratoga Small 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 Saratoga 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 Saratoga Small Capit 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 Saratoga'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 fund will normally invest at least 80 percent of its total assets in common stocks of companies whose stock market capitalizations fall within the range of capitalizations in the Russell 2000 Index. Saratoga Small is traded on NASDAQ Exchange in the United States.

Things to note about Saratoga Small Capit

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

Saratoga Small Alerts

Equity Alerts and Improvement Suggestions

The fund maintains 96.57% of its assets in stocks
Additionally, take a look at World Market Map. Note that the Saratoga Small Capit information on this page should be used as a complementary analysis to other Saratoga Small'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Saratoga Mutual Fund analysis

When running Saratoga Small Capit price analysis, check to measure Saratoga Small'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 Saratoga Small is operating at the current time. Most of Saratoga Small's value examination focuses on studying past and present price action to predict the probability of Saratoga Small's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Saratoga Small's price. Additionally, you may evaluate how the addition of Saratoga Small to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Please note, there is a significant difference between Saratoga Small's value and its price as these two are different measures arrived at by different means. Investors typically determine Saratoga Small value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saratoga Small'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.