Edgepoint Canadian Portfolio Fund Manager Performance Evaluation
| 0P0000JO4N | 54.01 0.53 0.97% |
The fund shows a Beta (market volatility) of 0.3, which means not very significant fluctuations relative to the market. As returns on the market increase, Edgepoint Canadian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Edgepoint Canadian is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Edgepoint Canadian Portfolio are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. Even with relatively steady forward-looking indicators, Edgepoint Canadian is not utilizing all of its potentials. The current stock price chaos, may contribute to medium-term losses for the stakeholders.
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Edgepoint Canadian Relative Risk vs. Return Landscape
If you would invest 5,281 in Edgepoint Canadian Portfolio on November 3, 2024 and sell it today you would earn a total of 120.00 from holding Edgepoint Canadian Portfolio or generate 2.27% return on investment over 90 days. Edgepoint Canadian Portfolio is generating 0.0381% of daily returns and assumes 0.6163% volatility on return distribution over the 90 days horizon. Simply put, 5% of funds are less volatile than Edgepoint, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Edgepoint Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edgepoint Canadian's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Edgepoint Canadian Portfolio, and traders can use it to determine the average amount a Edgepoint Canadian'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 = 0.0619
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| Negative Returns | 0P0000JO4N |
Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Edgepoint Canadian is performing at about 4% 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 Edgepoint Canadian by adding it to a well-diversified portfolio.
Things to note about Edgepoint Canadian performance evaluation
Checking the ongoing alerts about Edgepoint Canadian for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Edgepoint Canadian help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Edgepoint Canadian's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Edgepoint Canadian's fund performance include:- Analyzing Edgepoint Canadian'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 Edgepoint Canadian's stock is overvalued or undervalued compared to its peers.
- Examining Edgepoint Canadian'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 Edgepoint Canadian's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Edgepoint Canadian's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Edgepoint Canadian's fund. These opinions can provide insight into Edgepoint Canadian's potential for growth and whether the stock is currently undervalued or overvalued.
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