Multi Manager Directional Alternative Fund Manager Performance Evaluation
| CDAZX Fund | USD 7.53 0.01 0.13% |
The fund secures a Beta (Market Risk) of 0.0417, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Multi-manager Directional's returns are expected to increase less than the market. However, during the bear market, the loss of holding Multi-manager Directional is expected to be smaller as well.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Very Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Multi Manager Directional Alternative are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Multi-manager Directional is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 2.2400 |
Multi-manager |
Multi-manager Directional Relative Risk vs. Return Landscape
If you would invest 747.00 in Multi Manager Directional Alternative on October 20, 2024 and sell it today you would earn a total of 6.00 from holding Multi Manager Directional Alternative or generate 0.8% return on investment over 90 days. Multi Manager Directional Alternative is currently producing 0.02% returns and takes up 1.1905% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Multi-manager, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Multi-manager Directional Current Valuation
Fairly Valued
Today
Please note that Multi-manager Directional's price fluctuation is not too volatile at this time. At this time, the fund appears to be fairly valued. Multi-manager Directional secures a last-minute Real Value of $7.57 per share. The latest price of the fund is $7.53. We determine the value of Multi-manager Directional from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Multi-manager Directional is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Multi-manager Mutual Fund. However, Multi-manager Directional'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 7.53 | Real 7.57 | Hype 7.53 |
The intrinsic value of Multi-manager Directional'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 Multi-manager Directional'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 Multi Manager Directional Alternative helps investors to forecast how Multi-manager 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 Multi-manager Directional more accurately as focusing exclusively on Multi-manager Directional's fundamentals will not take into account other important factors: Multi-manager Directional Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multi-manager Directional's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Multi Manager Directional Alternative, and traders can use it to determine the average amount a Multi-manager Directional'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 = 0.0168
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CDAZX |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.02 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 Multi-manager Directional 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 Multi-manager Directional by adding it to a well-diversified portfolio.
Multi-manager Directional Fundamentals Growth
Multi-manager Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Multi-manager Directional, and Multi-manager Directional 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 Multi-manager Mutual Fund performance.
| Total Asset | 285.91 M | ||||
About Multi-manager Directional Performance
Evaluating Multi-manager Directional's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Multi-manager Directional 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 Multi-manager Directional 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 pursues its investment objective by allocating the funds assets among different asset managers that collectively use various investment styles and strategies, including, for example, fundamental , macroeconomic , andor quantitative methods or models, across different markets. It may invest in foreign and domestic equity securities, and debt instruments, as well as derivative instruments, and exchange-traded funds and other investment companies.Things to note about Multi-manager Directional performance evaluation
Checking the ongoing alerts about Multi-manager Directional for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Multi-manager Directional 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 about 37.25% of its assets under management (AUM) in cash |
- Analyzing Multi-manager Directional'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 Multi-manager Directional's stock is overvalued or undervalued compared to its peers.
- Examining Multi-manager Directional'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 Multi-manager Directional's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Multi-manager Directional's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Multi-manager Directional's mutual fund. These opinions can provide insight into Multi-manager Directional's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Multi-manager Mutual Fund
Multi-manager Directional financial ratios help investors to determine whether Multi-manager 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 Multi-manager with respect to the benefits of owning Multi-manager Directional security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |