1290 Smartbeta Equity Fund Manager Performance Evaluation
| TNBCX Fund | USD 19.75 0.00 0.00% |
The entity owns a Beta (Systematic Risk) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 1290 Smartbeta are expected to decrease at a much lower rate. During the bear market, 1290 Smartbeta 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 1290 Smartbeta Equity are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, 1290 Smartbeta is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.1000 |
1290 |
1290 Smartbeta Relative Risk vs. Return Landscape
If you would invest 1,918 in 1290 Smartbeta Equity on August 26, 2024 and sell it today you would earn a total of 57.00 from holding 1290 Smartbeta Equity or generate 2.97% return on investment over 90 days. 1290 Smartbeta Equity is currently producing 0.046% returns and takes up 0.4353% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than 1290, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
1290 Smartbeta Current Valuation
Overvalued
Today
Please note that 1290 Smartbeta's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. 1290 Smartbeta Equity owns a latest Real Value of $18.67 per share. The recent price of the fund is $19.75. We determine the value of 1290 Smartbeta Equity from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, sooner or later, mutual fund prices and their ongoing real values will grow together.
Since 1290 Smartbeta is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 1290 Mutual Fund. However, 1290 Smartbeta'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 19.75 | Real 18.67 | Hype 19.75 | Naive 19.66 |
The intrinsic value of 1290 Smartbeta'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 1290 Smartbeta'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 1290 Smartbeta Equity helps investors to forecast how 1290 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 1290 Smartbeta more accurately as focusing exclusively on 1290 Smartbeta's fundamentals will not take into account other important factors: 1290 Smartbeta Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1290 Smartbeta's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as 1290 Smartbeta Equity, and traders can use it to determine the average amount a 1290 Smartbeta'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 = 0.1057
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TNBCX |
Estimated Market Risk
| 0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average 1290 Smartbeta 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 1290 Smartbeta by adding it to a well-diversified portfolio.
1290 Smartbeta Fundamentals Growth
1290 Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of 1290 Smartbeta, and 1290 Smartbeta 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 1290 Mutual Fund performance.
| Price To Earning | 17.85 X | ||||
| Price To Book | 2.88 X | ||||
| Price To Sales | 1.70 X | ||||
| Total Asset | 145.89 M | ||||
About 1290 Smartbeta Performance
Evaluating 1290 Smartbeta's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if 1290 Smartbeta 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 1290 Smartbeta 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 invests at least 80 percent of its net assets, plus borrowings for investment purposes, in equity securities. It invests primarily in equity securities of U.S. companies and foreign companies in developed markets. Equity securities in which the fund may invest include common stocks, preferred stocks, warrants, American Depositary Receipts and similar instruments.Things to note about 1290 Smartbeta Equity performance evaluation
Checking the ongoing alerts about 1290 Smartbeta for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for 1290 Smartbeta Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating 1290 Smartbeta's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate 1290 Smartbeta's mutual fund performance include:- Analyzing 1290 Smartbeta'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 1290 Smartbeta's stock is overvalued or undervalued compared to its peers.
- Examining 1290 Smartbeta'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 1290 Smartbeta's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 1290 Smartbeta's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of 1290 Smartbeta's mutual fund. These opinions can provide insight into 1290 Smartbeta's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in 1290 Mutual Fund
1290 Smartbeta financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Smartbeta security.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |