Coronation Capital (South Africa) Manager Performance Evaluation
| 0P0000IR6J | 57.39 0.41 0.72% |
The fund shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Coronation Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coronation Capital is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Coronation Capital Plus are ranked lower than 18 (%) of all funds and portfolios of funds over the last 90 days. Despite fairly inconsistent basic indicators, Coronation Capital may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...moreCoronation |
Coronation Capital Relative Risk vs. Return Landscape
If you would invest 5,396 in Coronation Capital Plus on September 4, 2024 and sell it today you would earn a total of 343.00 from holding Coronation Capital Plus or generate 6.36% return on investment over 90 days. Coronation Capital Plus is generating 0.1004% of daily returns and assumes 0.4323% volatility on return distribution over the 90 days horizon. Simply put, 3% of funds are less volatile than Coronation, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Coronation Capital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coronation Capital's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Coronation Capital Plus, and traders can use it to determine the average amount a Coronation Capital'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 = 0.2322
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Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Coronation Capital is performing at about 18% 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 Coronation Capital by adding it to a well-diversified portfolio.
Things to note about Coronation Capital Plus performance evaluation
Checking the ongoing alerts about Coronation Capital for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Coronation Capital Plus help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Coronation Capital's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Coronation Capital's fund performance include:- Analyzing Coronation Capital'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 Coronation Capital's stock is overvalued or undervalued compared to its peers.
- Examining Coronation Capital'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 Coronation Capital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Coronation Capital's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Coronation Capital's fund. These opinions can provide insight into Coronation Capital's potential for growth and whether the stock is currently undervalued or overvalued.
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