Discovery Aggressive (South Africa) Manager Performance Evaluation
| 0P00017KS6 | 1.64 0.01 0.61% |
The fund shows a Beta (market volatility) of 0.0764, which means not very significant fluctuations relative to the market. As returns on the market increase, Discovery Aggressive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Discovery Aggressive is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Discovery Aggressive Dynamic are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong forward-looking signals, Discovery Aggressive is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreDiscovery |
Discovery Aggressive Relative Risk vs. Return Landscape
If you would invest 158.00 in Discovery Aggressive Dynamic on August 31, 2024 and sell it today you would earn a total of 6.00 from holding Discovery Aggressive Dynamic or generate 3.8% return on investment over 90 days. Discovery Aggressive Dynamic is generating 0.0593% of daily returns and assumes 0.4679% volatility on return distribution over the 90 days horizon. Simply put, 4% of funds are less volatile than Discovery, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Discovery Aggressive Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Discovery Aggressive's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Discovery Aggressive Dynamic, and traders can use it to determine the average amount a Discovery Aggressive'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 = 0.1268
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| Cash | 0P00017KS6 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.47 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Discovery Aggressive 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 Discovery Aggressive by adding it to a well-diversified portfolio.
Things to note about Discovery Aggressive performance evaluation
Checking the ongoing alerts about Discovery Aggressive for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Discovery Aggressive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Discovery Aggressive may become a speculative penny stock |
- Analyzing Discovery Aggressive'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 Discovery Aggressive's stock is overvalued or undervalued compared to its peers.
- Examining Discovery Aggressive'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 Discovery Aggressive's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Discovery Aggressive's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Discovery Aggressive's fund. These opinions can provide insight into Discovery Aggressive's potential for growth and whether the stock is currently undervalued or overvalued.
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