Tributary Smallmid Cap Fund Manager Performance Evaluation
| FSMBX Fund | USD 18.32 0.02 0.11% |
The entity has a beta of 1.2, which indicates 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, Tributary Small/mid will likely underperform.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Tributary Smallmid Cap are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak fundamental drivers, Tributary Small/mid may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio | 0.9000 |
Tributary |
Tributary Small/mid Relative Risk vs. Return Landscape
If you would invest 1,718 in Tributary Smallmid Cap on August 29, 2024 and sell it today you would earn a total of 114.00 from holding Tributary Smallmid Cap or generate 6.64% return on investment over 90 days. Tributary Smallmid Cap is currently producing 0.1058% returns and takes up 1.0499% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than Tributary, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Tributary Small/mid Current Valuation
Fairly Valued
Today
Please note that Tributary Small/mid's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Tributary Smallmid Cap has a current Real Value of $18.12 per share. The regular price of the fund is $18.32. We determine the value of Tributary Smallmid Cap from inspecting 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 draw towards each other.
Since Tributary Small/mid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tributary Mutual Fund. However, Tributary Small/mid'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 18.32 | Real 18.12 | Hype 18.34 | Naive 18.25 |
The intrinsic value of Tributary Small/mid'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 Tributary Small/mid'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 Tributary Smallmid Cap helps investors to forecast how Tributary 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 Tributary Small/mid more accurately as focusing exclusively on Tributary Small/mid's fundamentals will not take into account other important factors: Tributary Small/mid Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tributary Small/mid's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Tributary Smallmid Cap, and traders can use it to determine the average amount a Tributary Small/mid'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 = 0.1008
| Best Portfolio | Best Equity | |||
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| Cash | FSMBX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Tributary Small/mid is performing at about 7% 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 Tributary Small/mid by adding it to a well-diversified portfolio.
Tributary Small/mid Fundamentals Growth
Tributary Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Tributary Small/mid, and Tributary Small/mid 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 Tributary Mutual Fund performance.
| Total Asset | 5.3 M | ||||
About Tributary Small/mid Performance
Evaluating Tributary Small/mid's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tributary Small/mid 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 Tributary Small/mid 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 conditions, the Advisor intends to invest at least 80 percent of its assets in common stocks and securities that can be converted into common stocks, such as convertible bonds, convertible preferred stocks, options, and rights of companies with small- or mid-market capitalizations. The advisor defines small- and mid-market capitalization companies as companies with market capitalizations of up to 30 billion.Things to note about Tributary Smallmid Cap performance evaluation
Checking the ongoing alerts about Tributary Small/mid for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Tributary Smallmid 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 retains 98.57% of its assets under management (AUM) in equities |
- Analyzing Tributary Small/mid'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 Tributary Small/mid's stock is overvalued or undervalued compared to its peers.
- Examining Tributary Small/mid'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 Tributary Small/mid's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tributary Small/mid's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Tributary Small/mid's mutual fund. These opinions can provide insight into Tributary Small/mid's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Tributary Mutual Fund
Tributary Small/mid financial ratios help investors to determine whether Tributary 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 Tributary with respect to the benefits of owning Tributary Small/mid security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |