Wasatch Longshort Alpha Fund Manager Performance Evaluation
| WALSX Fund | USD 15.31 0.01 0.07% |
The entity maintains a market beta of 0.95, which attests to possible diversification benefits within a given portfolio. Wasatch Long/short returns are very sensitive to returns on the market. As the market goes up or down, Wasatch Long/short is expected to follow.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Wasatch Longshort Alpha are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Wasatch Long/short 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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Wasatch Long/short Relative Risk vs. Return Landscape
If you would invest 1,494 in Wasatch Longshort Alpha on September 3, 2024 and sell it today you would earn a total of 37.00 from holding Wasatch Longshort Alpha or generate 2.48% return on investment over 90 days. Wasatch Longshort Alpha is currently producing 0.0418% returns and takes up 0.8486% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Wasatch, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Wasatch Long/short Current Valuation
Fairly Valued
Today
Please note that Wasatch Long/short's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Wasatch Longshort Alpha maintains a prevalent Real Value of $15.33 per share. The last-minute price of the fund is $15.31. We determine the value of Wasatch Longshort Alpha from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will grow together.
Since Wasatch Long/short is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Wasatch Mutual Fund. However, Wasatch Long/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 15.31 | Real 15.33 | Hype 15.31 | Naive 15.23 |
The intrinsic value of Wasatch Long/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 Wasatch Long/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 Wasatch Longshort Alpha helps investors to forecast how Wasatch 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 Wasatch Long/short more accurately as focusing exclusively on Wasatch Long/short's fundamentals will not take into account other important factors: Wasatch Long/short Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wasatch Long/short's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Wasatch Longshort Alpha, and traders can use it to determine the average amount a Wasatch Long/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 = 0.0492
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WALSX |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Wasatch Long/short is performing at about 3% 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 Wasatch Long/short by adding it to a well-diversified portfolio.
Wasatch Long/short Fundamentals Growth
Wasatch Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Wasatch Long/short, and Wasatch Long/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 Wasatch Mutual Fund performance.
| Total Asset | 21.96 M | |||
About Wasatch Long/short Performance
Evaluating Wasatch Long/short's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Wasatch Long/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 Wasatch Long/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.
The fund adviser seeks to provide higher risk-adjusted returns with lower volatility compared to domestic equity markets. The adviser will establish long and short positions in a portfolio of equity securities of companies of all market capitalizations. Under normal market conditions, the advisor expects to invest the funds assets primarily in companies domiciled in the U.S. or listed on a U.S. exchange. The fund is non-diversified.Things to note about Wasatch Longshort Alpha performance evaluation
Checking the ongoing alerts about Wasatch Long/short for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Wasatch Longshort Alpha help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund has annual holdings turnover of about 145.0% suggesting active trading | |
| Wasatch Longshort Alpha keeps roughly 29.58% of its net assets in cash |
- Analyzing Wasatch Long/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 Wasatch Long/short's stock is overvalued or undervalued compared to its peers.
- Examining Wasatch Long/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 Wasatch Long/short's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wasatch Long/short's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Wasatch Long/short's mutual fund. These opinions can provide insight into Wasatch Long/short's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Wasatch Mutual Fund
Wasatch Long/short financial ratios help investors to determine whether Wasatch 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 Wasatch with respect to the benefits of owning Wasatch Long/short security.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |