Bright Rock Quality Fund Manager Performance Evaluation
| BQLCX Fund | USD 24.90 0.02 0.08% |
The fund shows a Beta (market volatility) of -0.0077, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bright Rock are expected to decrease at a much lower rate. During the bear market, Bright Rock is likely to outperform the market.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Bright Rock Quality are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Bright Rock 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 | 28th of June 2023 | |
| Expense Ratio | 0.8900 |
Bright |
Bright Rock Relative Risk vs. Return Landscape
If you would invest 2,377 in Bright Rock Quality on September 1, 2024 and sell it today you would earn a total of 113.00 from holding Bright Rock Quality or generate 4.75% return on investment over 90 days. Bright Rock Quality is currently producing 0.0754% returns and takes up 0.5828% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Bright, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Bright Rock Current Valuation
Overvalued
Today
Please note that Bright Rock's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Bright Rock Quality shows a prevailing Real Value of $23.85 per share. The current price of the fund is $24.9. We determine the value of Bright Rock Quality from analyzing 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 point, mutual fund prices and their ongoing real values will blend.
Since Bright Rock is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Bright Mutual Fund. However, Bright Rock'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 24.9 | Real 23.85 | Hype 24.9 | Naive 24.87 |
The intrinsic value of Bright Rock'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 Bright Rock'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 Bright Rock Quality helps investors to forecast how Bright 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 Bright Rock more accurately as focusing exclusively on Bright Rock's fundamentals will not take into account other important factors: Bright Rock Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bright Rock's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Bright Rock Quality, and traders can use it to determine the average amount a Bright Rock'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 = 0.1294
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | BQLCX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Bright Rock is performing at about 10% 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 Bright Rock by adding it to a well-diversified portfolio.
Bright Rock Fundamentals Growth
Bright Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Bright Rock, and Bright Rock 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 Bright Mutual Fund performance.
| Price To Earning | 18.57 X | ||||
| Price To Book | 2.95 X | ||||
| Price To Sales | 1.50 X | ||||
About Bright Rock Performance
Evaluating Bright Rock's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Bright Rock 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 Bright Rock 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 equity securities of companies with large-sized market capitalizations. The adviser defines large-cap companies as those companies with market capitalizations within the range of companies in the Russell 1000 Index at the time of investment. The fund may invest up to 25 percent of its net assets in securities of foreign large-cap companies that are traded in the U.S., including companies located in emerging markets, as well as American Depositary Receipts.Things to note about Bright Rock Quality performance evaluation
Checking the ongoing alerts about Bright Rock for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Bright Rock Quality 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 99.74% of its assets under management (AUM) in equities |
- Analyzing Bright Rock'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 Bright Rock's stock is overvalued or undervalued compared to its peers.
- Examining Bright Rock'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 Bright Rock's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bright Rock's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Bright Rock's mutual fund. These opinions can provide insight into Bright Rock's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Bright Mutual Fund
Bright Rock financial ratios help investors to determine whether Bright 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 Bright with respect to the benefits of owning Bright Rock security.
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