Heritage Fund A Fund Manager Performance Evaluation
| ATHAX Fund | USD 24.46 0.37 1.54% |
The fund retains a Market Volatility (i.e., Beta) of 1.1, which attests to a somewhat significant risk relative to the market. Heritage Fund returns are very sensitive to returns on the market. As the market goes up or down, Heritage Fund is expected to follow.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Heritage Fund A are ranked lower than 19 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Heritage Fund showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 1st of March 2023 | |
| Expense Ratio | 1.2500 |
Heritage |
Heritage Fund Relative Risk vs. Return Landscape
If you would invest 2,091 in Heritage Fund A on August 26, 2024 and sell it today you would earn a total of 355.00 from holding Heritage Fund A or generate 16.98% return on investment over 90 days. Heritage Fund A is currently producing 0.2466% returns and takes up 1.0157% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Heritage, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Heritage Fund Current Valuation
Undervalued
Today
Please note that Heritage Fund's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Heritage Fund A retains a regular Real Value of $26.0 per share. The prevalent price of the fund is $24.46. We determine the value of Heritage Fund A from evaluating 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 come together.
Since Heritage Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Heritage Mutual Fund. However, Heritage Fund'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 24.46 | Real 26.0 | Hype 24.46 | Naive 24.3 |
The intrinsic value of Heritage Fund'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 Heritage Fund'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 Heritage Fund A helps investors to forecast how Heritage 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 Heritage Fund more accurately as focusing exclusively on Heritage Fund's fundamentals will not take into account other important factors: Heritage Fund Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heritage Fund's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Heritage Fund A, and traders can use it to determine the average amount a Heritage Fund'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 = 0.2428
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ATHAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Heritage Fund is performing at about 19% 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 Heritage Fund by adding it to a well-diversified portfolio.
Heritage Fund Fundamentals Growth
Heritage Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Heritage Fund, and Heritage Fund 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 Heritage Mutual Fund performance.
| Price To Earning | 23.93 X | ||||
| Price To Book | 4.79 X | ||||
| Price To Sales | 2.45 X | ||||
| Total Asset | 229.26 M | ||||
About Heritage Fund Performance
Evaluating Heritage Fund's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Heritage Fund 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 Heritage Fund 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 normally invests in stocks of medium-sized companies that the adviser believes will increase in value over time, using an investment strategy developed by the funds investment advisor. In implementing this strategy, the portfolio managers make their investment decisions based primarily on their analysis of individual companies, rather than on broad economic forecasts. Management of the fund is based on the belief that durable franchises in a growing industry can sustain above average earnings growth.Things to note about Heritage Fund A performance evaluation
Checking the ongoing alerts about Heritage Fund for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Heritage Fund A help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund holds 98.09% of its assets under management (AUM) in equities |
- Analyzing Heritage Fund'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 Heritage Fund's stock is overvalued or undervalued compared to its peers.
- Examining Heritage Fund'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 Heritage Fund's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Heritage Fund's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Heritage Fund's mutual fund. These opinions can provide insight into Heritage Fund's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Heritage Mutual Fund
Heritage Fund financial ratios help investors to determine whether Heritage 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 Heritage with respect to the benefits of owning Heritage Fund security.
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