Conestoga Micro Cap Fund Manager Performance Evaluation
| CMCMX Fund | USD 8.32 0.07 0.85% |
The fund shows a Beta (market volatility) of 1.51, 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 Micro will likely underperform.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Conestoga Micro Cap are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak primary indicators, Conestoga Micro showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 1.5000 |
Conestoga |
Conestoga Micro Relative Risk vs. Return Landscape
If you would invest 736.00 in Conestoga Micro Cap on September 1, 2024 and sell it today you would earn a total of 96.00 from holding Conestoga Micro Cap or generate 13.04% return on investment over 90 days. Conestoga Micro Cap is currently producing 0.2022% returns and takes up 1.4608% volatility of returns over 90 trading days. Put another way, 13% 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 Micro Current Valuation
Fairly Valued
Today
Please note that Conestoga Micro's price fluctuation is not too volatile at this time. At this time, the entity appears to be fairly valued. Conestoga Micro Cap shows a prevailing Real Value of $8.16 per share. The current price of the fund is $8.32. We determine the value of Conestoga Micro 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 Micro is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Conestoga Mutual Fund. However, Conestoga Micro'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 8.32 | Real 8.16 | Hype 8.32 | Naive 8.5 |
The intrinsic value of Conestoga Micro'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 Micro'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 Micro 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 Micro more accurately as focusing exclusively on Conestoga Micro's fundamentals will not take into account other important factors: Conestoga Micro Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Conestoga Micro's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Conestoga Micro Cap, and traders can use it to determine the average amount a Conestoga Micro'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 = 0.1384
| Best Portfolio | Best Equity | |||
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| Small Returns | CMCMX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.46 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Conestoga Micro 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 Conestoga Micro by adding it to a well-diversified portfolio.
Conestoga Micro Fundamentals Growth
Conestoga Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Conestoga Micro, and Conestoga Micro 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 | 2.26 M | ||||
About Conestoga Micro Performance
Evaluating Conestoga Micro's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Conestoga Micro 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 Micro 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.
Under normal market circumstances, the fund invests at least 80 percent of its net assets in equity securities of micro-capitalization companies. Equity securities include common and preferred stocks, both domestic and foreign, convertible securities, rights, warrants and American depositary receipts . The fund may invest in securities of any market sector and may, from time to time, hold a significant amount of securities of companies within a single sector.Things to note about Conestoga Micro Cap performance evaluation
Checking the ongoing alerts about Conestoga Micro for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Conestoga Micro 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 about 5.09% of its assets under management (AUM) in cash |
- Analyzing Conestoga Micro'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 Micro's stock is overvalued or undervalued compared to its peers.
- Examining Conestoga Micro'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 Micro's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Conestoga Micro's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Conestoga Micro's mutual fund. These opinions can provide insight into Conestoga Micro's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Conestoga Mutual Fund
Conestoga Micro 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 Micro security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
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