Alpscorecommodity Management Pletecommoditiessm Fund Manager Performance Evaluation
| JCRAX Fund | USD 7.34 0.04 0.55% |
The fund shows a Beta (market volatility) of -0.0162, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Alps/corecommodity are expected to decrease at a much lower rate. During the bear market, Alps/corecommodity is likely to outperform the market.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Alpscorecommodity Management Pletecommoditiessm are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Alps/corecommodity is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 1.4100 |
Alps/corecommodity |
Alps/corecommodity Relative Risk vs. Return Landscape
If you would invest 730.00 in Alpscorecommodity Management Pletecommoditiessm on August 25, 2024 and sell it today you would earn a total of 8.00 from holding Alpscorecommodity Management Pletecommoditiessm or generate 1.1% return on investment over 90 days. Alpscorecommodity Management Pletecommoditiessm is currently producing 0.0206% returns and takes up 0.8456% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Alps/corecommodity, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Alps/corecommodity Current Valuation
Fairly Valued
Today
Please note that Alps/corecommodity's price fluctuation is not too volatile at this time. At this time, the entity appears to be fairly valued. Alps/corecommodity shows a prevailing Real Value of $7.35 per share. The current price of the fund is $7.34. We determine the value of Alps/corecommodity 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 Alps/corecommodity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alps/corecommodity Mutual Fund. However, Alps/corecommodity'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 7.34 | Real 7.35 | Hype 7.38 | Naive 7.25 |
The intrinsic value of Alps/corecommodity'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 Alps/corecommodity'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 Alpscorecommodity Management Pletecommoditiessm helps investors to forecast how Alps/corecommodity 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 Alps/corecommodity more accurately as focusing exclusively on Alps/corecommodity's fundamentals will not take into account other important factors: Alps/corecommodity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alps/corecommodity's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Alpscorecommodity Management Pletecommoditiessm, and traders can use it to determine the average amount a Alps/corecommodity'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 = 0.0243
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | JCRAX |
Estimated Market Risk
| 0.85 actual daily | 7 93% 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 Alps/corecommodity 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 Alps/corecommodity by adding it to a well-diversified portfolio.
Alps/corecommodity Fundamentals Growth
Alps/corecommodity Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Alps/corecommodity, and Alps/corecommodity 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 Alps/corecommodity Mutual Fund performance.
| Price To Earning | 19.66 X | ||||
| Price To Book | 1.32 X | ||||
| Price To Sales | 0.93 X | ||||
| Total Asset | 78.93 M | ||||
About Alps/corecommodity Performance
Evaluating Alps/corecommodity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Alps/corecommodity 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 Alps/corecommodity 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 seeks to achieve its investment objective by investing,under normal circumstances,directly or indirectly in a combination of equity securities of natural resource companies, as commodity-related equity securities and commodity futures-linked derivative instruments thereby obtaining exposure to the commodity markets.Things to note about Alps/corecommodity performance evaluation
Checking the ongoing alerts about Alps/corecommodity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Alps/corecommodity 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 about 40.31% of its assets under management (AUM) in cash |
- Analyzing Alps/corecommodity'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 Alps/corecommodity's stock is overvalued or undervalued compared to its peers.
- Examining Alps/corecommodity'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 Alps/corecommodity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alps/corecommodity's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Alps/corecommodity's mutual fund. These opinions can provide insight into Alps/corecommodity's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Alps/corecommodity Mutual Fund
Alps/corecommodity financial ratios help investors to determine whether Alps/corecommodity 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 Alps/corecommodity with respect to the benefits of owning Alps/corecommodity security.
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