Sp Smallcap Index Fund Manager Performance Evaluation
| SMCIX Fund | USD 23.78 2.00 7.76% |
The entity owns a Beta (Systematic Risk) of 1.42, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sp Smallcap will likely underperform.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Sp Smallcap Index are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Sp Smallcap 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 | 1st of January 2023 | |
| Expense Ratio | 0.7200 |
SMCIX |
Sp Smallcap Relative Risk vs. Return Landscape
If you would invest 2,312 in Sp Smallcap Index on September 1, 2024 and sell it today you would earn a total of 66.00 from holding Sp Smallcap Index or generate 2.85% return on investment over 90 days. Sp Smallcap Index is currently producing 0.0568% returns and takes up 1.6061% volatility of returns over 90 trading days. Put another way, 14% of traded mutual funds are less volatile than SMCIX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Sp Smallcap Current Valuation
Fairly Valued
Today
Please note that Sp Smallcap's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Sp Smallcap Index owns a latest Real Value of $23.89 per share. The recent price of the fund is $23.78. We determine the value of Sp Smallcap Index 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 future time, mutual fund prices and their ongoing real values will merge together.
Since Sp Smallcap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SMCIX Mutual Fund. However, Sp Smallcap'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 23.78 | Real 23.89 | Hype 23.78 | Naive 23.76 |
The intrinsic value of Sp Smallcap'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 Sp Smallcap'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 Sp Smallcap Index helps investors to forecast how SMCIX 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 Sp Smallcap more accurately as focusing exclusively on Sp Smallcap's fundamentals will not take into account other important factors: Sp Smallcap Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sp Smallcap's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Sp Smallcap Index, and traders can use it to determine the average amount a Sp Smallcap'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 = 0.0354
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | SMCIX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Sp Smallcap is performing at about 2% 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 Sp Smallcap by adding it to a well-diversified portfolio.
Sp Smallcap Fundamentals Growth
SMCIX Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Sp Smallcap, and Sp Smallcap 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 SMCIX Mutual Fund performance.
| Price To Earning | 20.58 X | ||||
| Price To Book | 1.98 X | ||||
| Price To Sales | 1.02 X | ||||
| Total Asset | 50.18 M | ||||
About Sp Smallcap Performance
Evaluating Sp Smallcap's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sp Smallcap 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 Sp Smallcap 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 SP SmallCap 600 Index includes common stocks of 600 small U.S. companies from a broad range of industries. The fund is passively managed. It invests primarily in the stocks that make up the SP SmallCap 600 Index so that the weighting of each stock in the portfolio approximates the index. The funds policy to invest at least 80 percent of its total assets in the underlying stocks.Things to note about Sp Smallcap Index performance evaluation
Checking the ongoing alerts about Sp Smallcap for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Sp Smallcap Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Sp Smallcap's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Sp Smallcap's mutual fund performance include:- Analyzing Sp Smallcap'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 Sp Smallcap's stock is overvalued or undervalued compared to its peers.
- Examining Sp Smallcap'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 Sp Smallcap's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sp Smallcap's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Sp Smallcap's mutual fund. These opinions can provide insight into Sp Smallcap's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in SMCIX Mutual Fund
Sp Smallcap financial ratios help investors to determine whether SMCIX 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 SMCIX with respect to the benefits of owning Sp Smallcap security.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |