Ab New York Fund Manager Performance Evaluation
| ALNYX Fund | USD 9.35 0.01 0.11% |
The fund owns a Beta (Systematic Risk) of -0.0904, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ab New are expected to decrease at a much lower rate. During the bear market, Ab New is likely to outperform the market.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Ab New York are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Ab New is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 30th of September 2022 | |
| Expense Ratio | 0.7500 |
ALNYX |
Ab New Relative Risk vs. Return Landscape
If you would invest 933.00 in Ab New York on August 27, 2024 and sell it today you would earn a total of 2.00 from holding Ab New York or generate 0.21% return on investment over 90 days. Ab New York is currently producing 0.0036% returns and takes up 0.2115% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than ALNYX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ab New Current Valuation
Overvalued
Today
Please note that Ab New's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Ab New York owns a latest Real Value of $9.02 per share. The recent price of the fund is $9.35. We determine the value of Ab New York from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some future date, mutual fund prices and their ongoing real values will grow together.
Since Ab New is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ALNYX Mutual Fund. However, Ab New'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 9.35 | Real 9.02 | Hype 9.35 | Naive 9.35 |
The intrinsic value of Ab New'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 Ab New'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 Ab New York helps investors to forecast how ALNYX 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 Ab New more accurately as focusing exclusively on Ab New's fundamentals will not take into account other important factors: Ab New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab New's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ab New York, and traders can use it to determine the average amount a Ab New'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 = 0.0169
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ALNYX |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Ab New is performing at about 1% 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 Ab New by adding it to a well-diversified portfolio.
Ab New Fundamentals Growth
ALNYX Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ab New, and Ab New 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 ALNYX Mutual Fund performance.
| Total Asset | 341.56 M | ||||
About Ab New Performance
Evaluating Ab New's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ab New 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 Ab New 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 invests at least 80 percent of its net assets in municipal securities that pay interest that is exempt from federal income tax. These securities may pay interest that is subject to the federal alternative minimum tax for certain taxpayers. It invests at least 80 percent of its net assets in municipal securities of New York or municipal securities with interest that is otherwise exempt from New York state income tax.Things to note about Ab New York performance evaluation
Checking the ongoing alerts about Ab New for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ab New York help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Ab New York holds most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Ab New'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 Ab New's stock is overvalued or undervalued compared to its peers.
- Examining Ab New'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 Ab New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ab New's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ab New's mutual fund. These opinions can provide insight into Ab New's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in ALNYX Mutual Fund
Ab New financial ratios help investors to determine whether ALNYX 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 ALNYX with respect to the benefits of owning Ab New security.
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