Zacks Small Cap E Fund Manager Performance Evaluation
| ZSCIX Fund | USD 40.00 0.01 0.03% |
The entity maintains a market beta of 1.58, which attests to 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, Zacks Small-cap will likely underperform.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Zacks Small Cap E are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Zacks Small-cap may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio Date | 1st of April 2023 | |
| Expense Ratio | 1.1400 |
Zacks |
Zacks Small-cap Relative Risk vs. Return Landscape
If you would invest 3,652 in Zacks Small Cap E on September 2, 2024 and sell it today you would earn a total of 348.00 from holding Zacks Small Cap E or generate 9.53% return on investment over 90 days. Zacks Small Cap E is currently producing 0.1507% returns and takes up 1.3174% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Zacks, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Zacks Small-cap Current Valuation
Fairly Valued
Today
Please note that Zacks Small-cap's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Zacks Small Cap maintains a prevalent Real Value of $39.49 per share. The last-minute price of the fund is $40.0. We determine the value of Zacks Small Cap 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 Zacks Small-cap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Zacks Mutual Fund. However, Zacks Small-cap'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 40.0 | Real 39.49 | Hype 40.0 | Naive 40.15 |
The intrinsic value of Zacks Small-cap'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 Zacks Small-cap'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 Zacks Small Cap E helps investors to forecast how Zacks 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 Zacks Small-cap more accurately as focusing exclusively on Zacks Small-cap's fundamentals will not take into account other important factors: Zacks Small-cap Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zacks Small-cap's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Zacks Small Cap E, and traders can use it to determine the average amount a Zacks Small-cap'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 = 0.1144
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ZSCIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average Zacks Small-cap is performing at about 9% 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 Zacks Small-cap by adding it to a well-diversified portfolio.
Zacks Small-cap Fundamentals Growth
Zacks Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Zacks Small-cap, and Zacks Small-cap 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 Zacks Mutual Fund performance.
| Price To Earning | 19.87 X | ||||
| Price To Book | 1.90 X | ||||
| Price To Sales | 0.97 X | ||||
| Total Asset | 21.84 M | ||||
About Zacks Small-cap Performance
Evaluating Zacks Small-cap's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Zacks Small-cap 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 Zacks Small-cap 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 pursues its investment objective by applying a hybrid research process which uses both quantitative and qualitative criteria. It will invest at least 80 percent of its net assets in a diversified portfolio of equity securities of small capitalization companies, with an emphasis on equity securities of U.S. issuers. The fund may engage in short-sale transactions up to 25 percent of its net assets. It also may invest in equity securities of Canadian issuers and American Depository Receipts.Things to note about Zacks Small Cap performance evaluation
Checking the ongoing alerts about Zacks Small-cap for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Zacks Small Cap 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 96.96% of its net assets in stocks |
- Analyzing Zacks Small-cap'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 Zacks Small-cap's stock is overvalued or undervalued compared to its peers.
- Examining Zacks Small-cap'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 Zacks Small-cap's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zacks Small-cap's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Zacks Small-cap's mutual fund. These opinions can provide insight into Zacks Small-cap's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Zacks Mutual Fund
Zacks Small-cap financial ratios help investors to determine whether Zacks 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 Zacks with respect to the benefits of owning Zacks Small-cap security.
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