Nasdaq 100 Fund Class Fund Manager Performance Evaluation
| RYCOX Fund | USD 61.79 0.09 0.15% |
The fund secures a Beta (Market Risk) of -0.0349, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nasdaq-100 Fund are expected to decrease at a much lower rate. During the bear market, Nasdaq-100 Fund is likely to outperform the market.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Nasdaq 100 Fund Class are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Nasdaq-100 Fund may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio Date | 19th of August 2022 | |
| Expense Ratio | 2.2700 |
Nasdaq-100 |
Nasdaq-100 Fund Relative Risk vs. Return Landscape
If you would invest 5,775 in Nasdaq 100 Fund Class on August 28, 2024 and sell it today you would earn a total of 404.00 from holding Nasdaq 100 Fund Class or generate 7.0% return on investment over 90 days. Nasdaq 100 Fund Class is currently producing 0.1117% returns and takes up 1.0986% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Nasdaq-100, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nasdaq-100 Fund Current Valuation
Overvalued
Today
Please note that Nasdaq-100 Fund's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Nasdaq 100 Fund secures a last-minute Real Value of $56.24 per share. The latest price of the fund is $61.79. We determine the value of Nasdaq 100 Fund from analyzing 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 merge together.
Since Nasdaq-100 Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nasdaq-100 Mutual Fund. However, Nasdaq-100 Fund'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 61.79 | Real 56.24 | Hype 61.79 |
The intrinsic value of Nasdaq-100 Fund'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 Nasdaq-100 Fund'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 Nasdaq 100 Fund Class helps investors to forecast how Nasdaq-100 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 Nasdaq-100 Fund more accurately as focusing exclusively on Nasdaq-100 Fund's fundamentals will not take into account other important factors: Nasdaq-100 Fund Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nasdaq-100 Fund's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Nasdaq 100 Fund Class, and traders can use it to determine the average amount a Nasdaq-100 Fund'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 = 0.1017
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | RYCOX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Nasdaq-100 Fund is performing at about 8% 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 Nasdaq-100 Fund by adding it to a well-diversified portfolio.
Nasdaq-100 Fund Fundamentals Growth
Nasdaq-100 Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Nasdaq-100 Fund, and Nasdaq-100 Fund 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 Nasdaq-100 Mutual Fund performance.
| Price To Earning | 21.60 X | ||||
| Price To Book | 4.48 X | ||||
| Price To Sales | 2.83 X | ||||
| Total Asset | 78.68 M | ||||
About Nasdaq-100 Fund Performance
Evaluating Nasdaq-100 Fund's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nasdaq-100 Fund 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 Nasdaq-100 Fund 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 will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The index is a modified capitalization-weighted index composed of 100 of the largest non-financial companies listed on The Nasdaq Stock Market with capitalizations ranging from 10.4 billion to 3. The fund is non-diversified.Things to note about Nasdaq 100 Fund performance evaluation
Checking the ongoing alerts about Nasdaq-100 Fund for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Nasdaq 100 Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Nasdaq-100 Fund's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nasdaq-100 Fund's mutual fund performance include:- Analyzing Nasdaq-100 Fund'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 Nasdaq-100 Fund's stock is overvalued or undervalued compared to its peers.
- Examining Nasdaq-100 Fund'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 Nasdaq-100 Fund's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nasdaq-100 Fund's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Nasdaq-100 Fund's mutual fund. These opinions can provide insight into Nasdaq-100 Fund's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nasdaq-100 Mutual Fund
Nasdaq-100 Fund financial ratios help investors to determine whether Nasdaq-100 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 Nasdaq-100 with respect to the benefits of owning Nasdaq-100 Fund security.
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