Conestoga Smid Cap Fund Manager Performance Evaluation
| CCSGX Fund | USD 28.64 0.08 0.28% |
The fund shows a Beta (market volatility) of 1.15, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Conestoga Smid will likely underperform.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Conestoga Smid Cap are ranked lower than 16 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Conestoga Smid showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 31st of January 2023 | |
| Expense Ratio | 0.8500 |
Conestoga |
Conestoga Smid Relative Risk vs. Return Landscape
If you would invest 2,511 in Conestoga Smid Cap on September 1, 2024 and sell it today you would earn a total of 353.00 from holding Conestoga Smid Cap or generate 14.06% return on investment over 90 days. Conestoga Smid Cap is currently producing 0.2104% returns and takes up 0.9798% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Conestoga, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Conestoga Smid Current Valuation
Undervalued
Today
Please note that Conestoga Smid's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Conestoga Smid Cap shows a prevailing Real Value of $31.36 per share. The current price of the fund is $28.64. We determine the value of Conestoga Smid Cap 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 Conestoga Smid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Conestoga Mutual Fund. However, Conestoga Smid'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 28.64 | Real 31.36 | Hype 28.64 | Naive 28.69 |
The intrinsic value of Conestoga Smid'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 Conestoga Smid'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 Conestoga Smid Cap helps investors to forecast how Conestoga 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 Conestoga Smid more accurately as focusing exclusively on Conestoga Smid's fundamentals will not take into account other important factors: Conestoga Smid Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Conestoga Smid's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Conestoga Smid Cap, and traders can use it to determine the average amount a Conestoga Smid'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 = 0.2148
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Conestoga Smid is performing at about 16% 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 Conestoga Smid by adding it to a well-diversified portfolio.
Conestoga Smid Fundamentals Growth
Conestoga Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Conestoga Smid, and Conestoga Smid 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 Conestoga Mutual Fund performance.
| Total Asset | 358.09 M | ||||
About Conestoga Smid Performance
Evaluating Conestoga Smid's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Conestoga Smid 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 Conestoga Smid 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 small-to-mid capitalization companies. Equity securities include American depositary receipts , convertible securities, foreign and domestic common and preferred stocks, rights and warrants.Things to note about Conestoga Smid Cap performance evaluation
Checking the ongoing alerts about Conestoga Smid for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Conestoga Smid Cap 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 96.22% of its assets under management (AUM) in equities |
- Analyzing Conestoga Smid'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 Conestoga Smid's stock is overvalued or undervalued compared to its peers.
- Examining Conestoga Smid'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 Conestoga Smid's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Conestoga Smid's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Conestoga Smid's mutual fund. These opinions can provide insight into Conestoga Smid's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Conestoga Mutual Fund
Conestoga Smid financial ratios help investors to determine whether Conestoga 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 Conestoga with respect to the benefits of owning Conestoga Smid security.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
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