Short Duration Bond Fund Manager Performance Evaluation
| RSBYX Fund | USD 18.85 0.02 0.11% |
The entity has a beta of -0.0088, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Short Duration are expected to decrease at a much lower rate. During the bear market, Short Duration is likely to outperform the market.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Short Duration Bond are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Short Duration is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.4600 |
Short |
Short Duration Relative Risk vs. Return Landscape
If you would invest 1,877 in Short Duration Bond on September 1, 2024 and sell it today you would earn a total of 8.00 from holding Short Duration Bond or generate 0.43% return on investment over 90 days. Short Duration Bond is currently producing 0.0067% returns and takes up 0.1134% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Short, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Short Duration Current Valuation
Overvalued
Today
Please note that Short Duration's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Short Duration Bond has a current Real Value of $18.47 per share. The regular price of the fund is $18.85. We determine the value of Short Duration Bond from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Short Duration is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Short Mutual Fund. However, Short Duration'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 18.85 | Real 18.47 | Hype 18.85 | Naive 18.87 |
The intrinsic value of Short Duration'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 Short Duration'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 Short Duration Bond helps investors to forecast how Short 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 Short Duration more accurately as focusing exclusively on Short Duration's fundamentals will not take into account other important factors: Short Duration Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Short Duration's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Short Duration Bond, and traders can use it to determine the average amount a Short Duration'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 = 0.0592
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RSBYX |
Estimated Market Risk
| 0.11 actual daily | 0 100% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Short Duration is performing at about 4% 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 Short Duration by adding it to a well-diversified portfolio.
Short Duration Fundamentals Growth
Short Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Short Duration, and Short Duration 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 Short Mutual Fund performance.
| Price To Earning | 21.03 X | ||||
| Price To Book | 4.32 X | ||||
| Price To Sales | 0.24 X | ||||
| Total Asset | 384.14 M | ||||
About Short Duration Performance
Evaluating Short Duration's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Short Duration 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 Short Duration 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 has a non-fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net assets plus borrowings for investment purposes in bonds. Russell Investment Management, LLC provides or oversees the provision of all investment advisory and portfolio management services for the fund. It invests principally in short duration bonds and defines short duration as a duration ranging from 0.5 to 3.0 years.Things to note about Short Duration Bond performance evaluation
Checking the ongoing alerts about Short Duration for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Short Duration Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 89.3% of its assets in bonds |
- Analyzing Short Duration'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 Short Duration's stock is overvalued or undervalued compared to its peers.
- Examining Short Duration'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 Short Duration's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Short Duration's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Short Duration's mutual fund. These opinions can provide insight into Short Duration's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Short Mutual Fund
Short Duration financial ratios help investors to determine whether Short 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 Short with respect to the benefits of owning Short Duration security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |