Edgepoint Cdn Growth Fund Manager Performance Evaluation
| 0P0000JO4R | 31.85 0.06 0.19% |
The fund shows a Beta (market volatility) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, Edgepoint Cdn's returns are expected to increase less than the market. However, during the bear market, the loss of holding Edgepoint Cdn is expected to be smaller as well.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Edgepoint Cdn Growth are ranked lower than 23 (%) of all funds and portfolios of funds over the last 90 days. Even with relatively weak forward-looking indicators, Edgepoint Cdn may actually be approaching a critical reversion point that can send shares even higher in December 2024.
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Edgepoint Cdn Relative Risk vs. Return Landscape
If you would invest 2,973 in Edgepoint Cdn Growth on September 1, 2024 and sell it today you would earn a total of 212.00 from holding Edgepoint Cdn Growth or generate 7.13% return on investment over 90 days. Edgepoint Cdn Growth is generating 0.1119% of daily returns and assumes 0.3822% volatility on return distribution over the 90 days horizon. Simply put, 3% of funds are less volatile than Edgepoint, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Edgepoint Cdn Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edgepoint Cdn's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Edgepoint Cdn Growth, and traders can use it to determine the average amount a Edgepoint Cdn'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 = 0.2927
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| Cash | 0P0000JO4R | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 23 77% of assets perform better |
Based on monthly moving average Edgepoint Cdn is performing at about 23% 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 Edgepoint Cdn by adding it to a well-diversified portfolio.
Things to note about Edgepoint Cdn Growth performance evaluation
Checking the ongoing alerts about Edgepoint Cdn for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Edgepoint Cdn Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Edgepoint Cdn's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Edgepoint Cdn's fund performance include:- Analyzing Edgepoint Cdn'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 Edgepoint Cdn's stock is overvalued or undervalued compared to its peers.
- Examining Edgepoint Cdn'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 Edgepoint Cdn's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Edgepoint Cdn's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Edgepoint Cdn's fund. These opinions can provide insight into Edgepoint Cdn's potential for growth and whether the stock is currently undervalued or overvalued.
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