Commonwealth Australianew Zealand Fund Manager Performance Evaluation
| CNZLX Fund | USD 11.24 0.03 0.27% |
The fund shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Commonwealth Australianew's returns are expected to increase less than the market. However, during the bear market, the loss of holding Commonwealth Australianew is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Commonwealth Australianew Zealand has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong essential indicators, Commonwealth Australianew is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 2.8100 |
Commonwealth |
Commonwealth Australianew Relative Risk vs. Return Landscape
If you would invest 1,122 in Commonwealth Australianew Zealand on September 3, 2024 and sell it today you would earn a total of 2.00 from holding Commonwealth Australianew Zealand or generate 0.18% return on investment over 90 days. Commonwealth Australianew Zealand is currently producing 0.006% returns and takes up 0.8061% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Commonwealth, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Commonwealth Australianew Current Valuation
Fairly Valued
Today
Please note that Commonwealth Australianew's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Commonwealth Australianew shows a prevailing Real Value of $11.25 per share. The current price of the fund is $11.24. We determine the value of Commonwealth Australianew from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Commonwealth Australianew is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Commonwealth Mutual Fund. However, Commonwealth Australianew'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 11.24 | Real 11.25 | Hype 11.24 | Naive 11.31 |
The intrinsic value of Commonwealth Australianew'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 Commonwealth Australianew'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 Commonwealth Australianew Zealand helps investors to forecast how Commonwealth 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 Commonwealth Australianew more accurately as focusing exclusively on Commonwealth Australianew's fundamentals will not take into account other important factors: Commonwealth Australianew Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Commonwealth Australianew's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Commonwealth Australianew Zealand, and traders can use it to determine the average amount a Commonwealth Australianew'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 = 0.0074
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CNZLX |
Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Commonwealth Australianew is not performing at its full potential. However, 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 Commonwealth Australianew by adding Commonwealth Australianew to a well-diversified portfolio.
Commonwealth Australianew Fundamentals Growth
Commonwealth Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Commonwealth Australianew, and Commonwealth Australianew 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 Commonwealth Mutual Fund performance.
| Price To Earning | 15.80 X | |||
| Price To Book | 1.83 X | |||
| Price To Sales | 1.66 X | |||
About Commonwealth Australianew Performance
Evaluating Commonwealth Australianew's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Commonwealth Australianew has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Commonwealth Australianew has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its net assets in the securities of, and depositary receipts , Global Depositary Receipts , and European Depositary Receipts represented by, Australian and New Zealand issuers that are tied economically to Australia or New Zealand. It may invest in shares of other investment companies, including open-end and closed-end funds and exchange-traded funds.Things to note about Commonwealth Australianew performance evaluation
Checking the ongoing alerts about Commonwealth Australianew for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Commonwealth Australianew help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Commonwealth Australianew generated five year return of -1.0% | |
| This fund holds 97.62% of its assets under management (AUM) in equities |
- Analyzing Commonwealth Australianew'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 Commonwealth Australianew's stock is overvalued or undervalued compared to its peers.
- Examining Commonwealth Australianew'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 Commonwealth Australianew's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Commonwealth Australianew's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Commonwealth Australianew's mutual fund. These opinions can provide insight into Commonwealth Australianew's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Commonwealth Mutual Fund
Commonwealth Australianew financial ratios help investors to determine whether Commonwealth Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Commonwealth with respect to the benefits of owning Commonwealth Australianew security.
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