Driehaus Event Driven Fund Manager Performance Evaluation
| DEVDX Fund | USD 13.02 0.01 0.08% |
The fund shows a Beta (market volatility) of 0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, Driehaus Event's returns are expected to increase less than the market. However, during the bear market, the loss of holding Driehaus Event is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Driehaus Event Driven are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Driehaus Event 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 | 30th of April 2023 | |
| Expense Ratio | 1.6000 |
Driehaus |
Driehaus Event Relative Risk vs. Return Landscape
If you would invest 1,266 in Driehaus Event Driven on August 29, 2024 and sell it today you would earn a total of 36.00 from holding Driehaus Event Driven or generate 2.84% return on investment over 90 days. Driehaus Event Driven is currently producing 0.0443% returns and takes up 0.3111% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Driehaus, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Driehaus Event Current Valuation
Fairly Valued
Today
Please note that Driehaus Event's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Driehaus Event Driven shows a prevailing Real Value of $12.98 per share. The current price of the fund is $13.02. We determine the value of Driehaus Event Driven from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Driehaus Event is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Driehaus Mutual Fund. However, Driehaus Event'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 13.02 | Real 12.98 | Hype 13.02 | Naive 13.04 |
The intrinsic value of Driehaus Event'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 Driehaus Event'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 Driehaus Event Driven helps investors to forecast how Driehaus 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 Driehaus Event more accurately as focusing exclusively on Driehaus Event's fundamentals will not take into account other important factors: Driehaus Event Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Driehaus Event's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Driehaus Event Driven, and traders can use it to determine the average amount a Driehaus Event'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 = 0.1424
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DEVDX |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Driehaus Event is performing at about 11% 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 Driehaus Event by adding it to a well-diversified portfolio.
Driehaus Event Fundamentals Growth
Driehaus Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Driehaus Event, and Driehaus Event 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 Driehaus Mutual Fund performance.
| Price To Earning | 20.10 X | |||
| Price To Book | 2.44 X | |||
| Price To Sales | 0.97 X | |||
About Driehaus Event Performance
Evaluating Driehaus Event's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Driehaus Event 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 Driehaus Event 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 is actively managed by using techniques intended to provide positive returns over full-market cycles. In making investment decisions the funds investment adviser, will employ event-driven strategies designed to exploit disparities or inefficiencies in U.S. and foreign equity and debt markets.Things to note about Driehaus Event Driven performance evaluation
Checking the ongoing alerts about Driehaus Event for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Driehaus Event Driven help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 32.02% of its assets under management (AUM) in cash |
- Analyzing Driehaus Event'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 Driehaus Event's stock is overvalued or undervalued compared to its peers.
- Examining Driehaus Event'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 Driehaus Event's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Driehaus Event's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Driehaus Event's mutual fund. These opinions can provide insight into Driehaus Event's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Driehaus Mutual Fund
Driehaus Event financial ratios help investors to determine whether Driehaus 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 Driehaus with respect to the benefits of owning Driehaus Event security.
| Stocks Directory Find actively traded stocks across global markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |