1290 Funds Fund Manager Performance Evaluation
| ESCFX Fund | USD 13.61 0.45 3.42% |
The entity owns a Beta (Systematic Risk) of 1.5, 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, 1290 Funds will likely underperform.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in 1290 Funds are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, 1290 Funds may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio | 1.1300 |
1290 |
1290 Funds Relative Risk vs. Return Landscape
If you would invest 1,220 in 1290 Funds on August 29, 2024 and sell it today you would earn a total of 141.00 from holding 1290 Funds or generate 11.56% return on investment over 90 days. 1290 Funds is currently producing 0.1824% returns and takes up 1.5231% volatility of returns over 90 trading days. Put another way, 13% of traded mutual funds are less volatile than 1290, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
1290 Funds Current Valuation
Overvalued
Today
Please note that 1290 Funds' price fluctuation is not too volatile at this time. At this time, the entity appears to be overvalued. 1290 Funds owns a latest Real Value of $13.33 per share. The recent price of the fund is $13.61. We determine the value of 1290 Funds from evaluating 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, sooner or later, mutual fund prices and their ongoing real values will grow together.
Since 1290 Funds is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 1290 Mutual Fund. However, 1290 Funds' 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 13.61 | Real 13.33 | Hype 13.61 | Naive 13.55 |
The intrinsic value of 1290 Funds' 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 1290 Funds' 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 1290 Funds helps investors to forecast how 1290 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 1290 Funds more accurately as focusing exclusively on 1290 Funds' fundamentals will not take into account other important factors: 1290 Funds Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1290 Funds' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as 1290 Funds , and traders can use it to determine the average amount a 1290 Funds' 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 = 0.1197
| Best Portfolio | Best Equity | |||
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| Small Returns | ESCFX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average 1290 Funds is performing at about 9% 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 1290 Funds by adding it to a well-diversified portfolio.
1290 Funds Fundamentals Growth
1290 Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of 1290 Funds, and 1290 Funds 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 1290 Mutual Fund performance.
About 1290 Funds Performance
Evaluating 1290 Funds' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if 1290 Funds 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 1290 Funds 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 circumstances, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in equity securities of small- and micro-capitalization companies. For the fund, a company is considered to be a small-capitalization company if, at the time of purchase, its market capitalization is less than or equal to the market capitalization of the largest company included within the Russell 2000 Growth Index.Things to note about 1290 Funds performance evaluation
Checking the ongoing alerts about 1290 Funds for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for 1290 Funds help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
- Analyzing 1290 Funds' 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 1290 Funds' stock is overvalued or undervalued compared to its peers.
- Examining 1290 Funds' 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 1290 Funds' management team can have a significant impact on its success or failure. Reviewing the track record and experience of 1290 Funds' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of 1290 Funds' mutual fund. These opinions can provide insight into 1290 Funds' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in 1290 Mutual Fund
1290 Funds financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Funds security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |