Avvax Fund Manager Performance Evaluation
| AVVAX Fund | 12.12 0.01 0.08% |
The fund shows a Beta (market volatility) of 0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Avvax's returns are expected to increase less than the market. However, during the bear market, the loss of holding Avvax is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Avvax are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Avvax may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more1 | Avalanche Foundation Seeking To Buy Back 56,795,000 in AVAX Sold to Luna Foundation Guard Before 2022 Collapse - The Daily Hodl | 10/15/2024 |
2 | Avalanche Foundation Buys Back 1.97M AVAX Tokens from Luna Foundation Guard - Cryptonews | 11/07/2024 |
Avvax |
Avvax Relative Risk vs. Return Landscape
If you would invest 1,134 in Avvax on September 4, 2024 and sell it today you would earn a total of 78.00 from holding Avvax or generate 6.88% return on investment over 90 days. Avvax is currently producing 0.1062% returns and takes up 0.6666% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Avvax, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Avvax Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avvax's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Avvax, and traders can use it to determine the average amount a Avvax'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 = 0.1593
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Cash | AVVAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Avvax is performing at about 12% 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 Avvax by adding it to a well-diversified portfolio.
About Avvax Performance
Evaluating Avvax's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Avvax 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 Avvax 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.
Avvax is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Avvax performance evaluation
Checking the ongoing alerts about Avvax for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Avvax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Avalanche Foundation Buys Back 1.97M AVAX Tokens from Luna Foundation Guard - Cryptonews |
- Analyzing Avvax'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 Avvax's stock is overvalued or undervalued compared to its peers.
- Examining Avvax'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 Avvax's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Avvax's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Avvax's mutual fund. These opinions can provide insight into Avvax's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Avvax Mutual Fund
Avvax financial ratios help investors to determine whether Avvax 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 Avvax with respect to the benefits of owning Avvax security.
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