Coronation Smaller (South Africa) Manager Performance Evaluation
| 0P0000IR32 | 137.00 0.44 0.32% |
The fund shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Coronation Smaller's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coronation Smaller is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in Coronation Smaller Companies are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. Despite fairly strong basic indicators, Coronation Smaller is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders.
...moreCoronation |
Coronation Smaller Relative Risk vs. Return Landscape
If you would invest 13,221 in Coronation Smaller Companies on August 28, 2024 and sell it today you would earn a total of 479.00 from holding Coronation Smaller Companies or generate 3.62% return on investment over 90 days. Coronation Smaller Companies is generating 0.0604% of daily returns and assumes 0.6411% volatility on return distribution over the 90 days horizon. Simply put, 5% of funds are less volatile than Coronation, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Coronation Smaller Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coronation Smaller's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Coronation Smaller Companies, and traders can use it to determine the average amount a Coronation Smaller'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 = 0.0942
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| Cash | 0P0000IR32 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Coronation Smaller is performing at about 7% 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 Coronation Smaller by adding it to a well-diversified portfolio.
Things to note about Coronation Smaller performance evaluation
Checking the ongoing alerts about Coronation Smaller for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Coronation Smaller help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Coronation Smaller's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Coronation Smaller's fund performance include:- Analyzing Coronation Smaller'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 Coronation Smaller's stock is overvalued or undervalued compared to its peers.
- Examining Coronation Smaller'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 Coronation Smaller's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Coronation Smaller's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Coronation Smaller's fund. These opinions can provide insight into Coronation Smaller's potential for growth and whether the stock is currently undervalued or overvalued.
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