Floating Rate Fund Manager Performance Evaluation
| LRRVX Fund | USD 8.18 0.01 0.12% |
The fund shows a Beta (market volatility) of -0.0066, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Floating Rate are expected to decrease at a much lower rate. During the bear market, Floating Rate is likely to outperform the market.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Floating Rate Fund are ranked lower than 21 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Floating Rate is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.5400 |
Floating |
Floating Rate Relative Risk vs. Return Landscape
If you would invest 798.00 in Floating Rate Fund on August 24, 2024 and sell it today you would earn a total of 20.00 from holding Floating Rate Fund or generate 2.51% return on investment over 90 days. Floating Rate Fund is currently producing 0.0394% returns and takes up 0.1426% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Floating, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Floating Rate Current Valuation
Fairly Valued
Today
Please note that Floating Rate's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Floating Rate shows a prevailing Real Value of $8.12 per share. The current price of the fund is $8.18. We determine the value of Floating Rate from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Floating Rate is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Floating Mutual Fund. However, Floating Rate'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 8.18 | Real 8.12 | Hype 8.18 | Naive 8.19 |
The intrinsic value of Floating Rate'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 Floating Rate'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 Floating Rate Fund helps investors to forecast how Floating 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 Floating Rate more accurately as focusing exclusively on Floating Rate's fundamentals will not take into account other important factors: Floating Rate Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Floating Rate's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Floating Rate Fund, and traders can use it to determine the average amount a Floating Rate'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 = 0.2764
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LRRVX |
Estimated Market Risk
| 0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average Floating Rate is performing at about 21% 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 Floating Rate by adding it to a well-diversified portfolio.
Floating Rate Fundamentals Growth
Floating Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Floating Rate, and Floating Rate 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 Floating Mutual Fund performance.
| Total Asset | 7.51 B | |||
About Floating Rate Performance
Evaluating Floating Rate's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Floating Rate 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 Floating Rate 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 conditions, the fund pursues its investment objective by investing at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in floating or adjustable rate instruments and derivatives and other instruments that effectively enable the fund to achieve a floating rate of income. It may invest up to 20 percent of its net assets in other types of debt securities and short-term instruments.Things to note about Floating Rate performance evaluation
Checking the ongoing alerts about Floating Rate for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Floating Rate 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 8.8% of its assets in cash |
- Analyzing Floating Rate'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 Floating Rate's stock is overvalued or undervalued compared to its peers.
- Examining Floating Rate'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 Floating Rate's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Floating Rate's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Floating Rate's mutual fund. These opinions can provide insight into Floating Rate's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Floating Mutual Fund
Floating Rate financial ratios help investors to determine whether Floating 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 Floating with respect to the benefits of owning Floating Rate security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
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