Usaa Ultra Short Term Fund Manager Performance Evaluation
| USBAX Fund | USD 10.08 0.01 0.1% |
The entity has a beta of -0.0129, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Usaa Ultra are expected to decrease at a much lower rate. During the bear market, Usaa Ultra is likely to outperform the market.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Usaa Ultra Short Term are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Usaa Ultra is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Usaa Ultra Relative Risk vs. Return Landscape
If you would invest 999.00 in Usaa Ultra Short Term on September 2, 2024 and sell it today you would earn a total of 9.00 from holding Usaa Ultra Short Term or generate 0.9% return on investment over 90 days. Usaa Ultra Short Term is currently producing 0.0141% returns and takes up 0.0921% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Usaa, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Usaa Ultra Current Valuation
Overvalued
Today
Please note that Usaa Ultra's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Usaa Ultra Short has a current Real Value of $9.27 per share. The regular price of the fund is $10.08. We determine the value of Usaa Ultra Short 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 Usaa Ultra is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Usaa Mutual Fund. However, Usaa Ultra'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 10.08 | Real 9.27 | Hype 10.08 | Naive 10.07 |
The intrinsic value of Usaa Ultra'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 Usaa Ultra'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 Usaa Ultra Short Term helps investors to forecast how Usaa 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 Usaa Ultra more accurately as focusing exclusively on Usaa Ultra's fundamentals will not take into account other important factors: Usaa Ultra Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Usaa Ultra's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Usaa Ultra Short Term, and traders can use it to determine the average amount a Usaa Ultra'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 = 0.1526
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| USBAX |
Based on monthly moving average Usaa Ultra is performing at about 12% 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 Usaa Ultra by adding it to a well-diversified portfolio.
Usaa Ultra Fundamentals Growth
Usaa Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Usaa Ultra, and Usaa Ultra 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 Usaa Mutual Fund performance.
| Total Asset | 275.82 M | ||||
About Usaa Ultra Performance
Evaluating Usaa Ultra's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Usaa Ultra 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 Usaa Ultra 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 normally invests at least 80 percent of the funds assets in investment-grade debt securities that have a dollar-weighted average portfolio maturity of 18 months or less. The fund invests primarily in U.S. dollar-denominated debt securities that may include, but are not limited to, obligations of U.S., state, and local governments, their agencies and instrumentalities mortgage- and asset-backed securities corporate debt securities repurchase agreements Yankee obligations and other securities believed to have debt-like characteristics.Things to note about Usaa Ultra Short performance evaluation
Checking the ongoing alerts about Usaa Ultra for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Usaa Ultra Short help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund keeps about 15.18% of its net assets in cash |
- Analyzing Usaa Ultra'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 Usaa Ultra's stock is overvalued or undervalued compared to its peers.
- Examining Usaa Ultra'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 Usaa Ultra's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Usaa Ultra's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Usaa Ultra's mutual fund. These opinions can provide insight into Usaa Ultra's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Usaa Mutual Fund
Usaa Ultra financial ratios help investors to determine whether Usaa 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 Usaa with respect to the benefits of owning Usaa Ultra security.
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