Kensington Active Advantage Fund Manager Performance Evaluation
| KADAX Fund | USD 10.24 0.01 0.1% |
The fund secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kensington Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kensington Active is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Kensington Active Advantage are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Kensington Active is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreKensington |
Kensington Active Relative Risk vs. Return Landscape
If you would invest 987.00 in Kensington Active Advantage on August 30, 2024 and sell it today you would earn a total of 37.00 from holding Kensington Active Advantage or generate 3.75% return on investment over 90 days. Kensington Active Advantage is currently producing 0.0592% returns and takes up 0.3871% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Kensington, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Kensington Active Current Valuation
Fairly Valued
Today
Please note that Kensington Active's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Kensington Active secures a last-minute Real Value of $10.18 per share. The latest price of the fund is $10.24. We determine the value of Kensington Active 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 Kensington Active is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Kensington Mutual Fund. However, Kensington Active'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 10.24 | Real 10.18 | Hype 10.24 | Naive 10.23 |
The intrinsic value of Kensington Active'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 Kensington Active'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 Kensington Active Advantage helps investors to forecast how Kensington 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 Kensington Active more accurately as focusing exclusively on Kensington Active's fundamentals will not take into account other important factors: Kensington Active Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kensington Active's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Kensington Active Advantage, and traders can use it to determine the average amount a Kensington Active'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 = 0.1529
| Best Portfolio | Best Equity | |||
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| Cash | KADAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Kensington Active is performing at about 12% 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 Kensington Active by adding it to a well-diversified portfolio.
Kensington Active Fundamentals Growth
Kensington Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Kensington Active, and Kensington Active 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 Kensington Mutual Fund performance.
| Total Asset | 13.57 M | |||
About Kensington Active Performance
Evaluating Kensington Active's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Kensington Active 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 Kensington Active 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 primarily seeks to achieve its equity exposure by investing in one or more of the following investment types other mutual funds and exchange-traded funds that track the returns of a broad-based U.S. equity market index, individual equity securities, andor equity index futures. The Adviser generally expects that the funds portfolio will allocate roughly 5070 percent of its exposure to equity securities and 3050 percent of its exposure to fixed income instruments. The fund is non-diversified.Things to note about Kensington Active performance evaluation
Checking the ongoing alerts about Kensington Active for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Kensington Active help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 97.2% of its assets in cash |
- Analyzing Kensington Active'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 Kensington Active's stock is overvalued or undervalued compared to its peers.
- Examining Kensington Active'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 Kensington Active's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kensington Active's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Kensington Active's mutual fund. These opinions can provide insight into Kensington Active's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Kensington Mutual Fund
Kensington Active financial ratios help investors to determine whether Kensington 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 Kensington with respect to the benefits of owning Kensington Active security.
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