Shenkman Short Duration Fund Manager Performance Evaluation
| SCFAX Fund | USD 9.86 0.01 0.10% |
The entity has a beta of 0.0203, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shenkman Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shenkman Short 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 Shenkman Short Duration are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Shenkman Short 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 January 2023 | |
| Expense Ratio | 1.0000 |
Shenkman |
Shenkman Short Relative Risk vs. Return Landscape
If you would invest 978.00 in Shenkman Short Duration on September 5, 2024 and sell it today you would earn a total of 8.00 from holding Shenkman Short Duration or generate 0.82% return on investment over 90 days. Shenkman Short Duration is currently producing 0.013% returns and takes up 0.0883% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Shenkman, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Shenkman Short Current Valuation
Overvalued
Today
Please note that Shenkman Short's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Shenkman Short Duration has a current Real Value of $9.07 per share. The regular price of the fund is $9.86. We determine the value of Shenkman Short Duration 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 Shenkman Short is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Shenkman Mutual Fund. However, Shenkman Short'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 9.86 | Real 9.07 | Hype 9.86 | Naive 9.85 |
The intrinsic value of Shenkman Short'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 Shenkman Short'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 Shenkman Short Duration helps investors to forecast how Shenkman 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 Shenkman Short more accurately as focusing exclusively on Shenkman Short's fundamentals will not take into account other important factors: Shenkman Short Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenkman Short's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Shenkman Short Duration, and traders can use it to determine the average amount a Shenkman Short'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 = 0.1468
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Based on monthly moving average Shenkman Short 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 Shenkman Short by adding it to a well-diversified portfolio.
Shenkman Short Fundamentals Growth
Shenkman Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Shenkman Short, and Shenkman Short 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 Shenkman Mutual Fund performance.
| Total Asset | 21.9 M | ||||
About Shenkman Short Performance
Evaluating Shenkman Short's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Shenkman Short 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 Shenkman Short 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.
Under normal market conditions, the fund will invest at least 80 percent of its net assets in fixed income securities, bank loans and other instruments issued by companies that are rated below investment grade. It generally invests in high yield instruments rated CCC or better by SP or Moodys, but retains the discretion to invest in even lower rated instruments. The fixed income securities, bank loans and other instruments in which the fund invests include traditional corporate bonds, U.S. government obligations and bank loans to corporate borrowers, and may have fixed, floating or variable rates.Things to note about Shenkman Short Duration performance evaluation
Checking the ongoing alerts about Shenkman Short for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Shenkman Short Duration 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 10.31% of its assets in bonds |
- Analyzing Shenkman Short'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 Shenkman Short's stock is overvalued or undervalued compared to its peers.
- Examining Shenkman Short'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 Shenkman Short's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shenkman Short's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Shenkman Short's mutual fund. These opinions can provide insight into Shenkman Short's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Shenkman Mutual Fund
Shenkman Short financial ratios help investors to determine whether Shenkman 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 Shenkman with respect to the benefits of owning Shenkman Short security.
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