Needham Aggressive Growth Fund Manager Performance Evaluation
| NEAGX Fund | USD 47.16 0.81 1.69% |
The fund secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Needham Aggressive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Needham Aggressive is expected to be smaller as well.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Needham Aggressive Growth are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Needham Aggressive 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 April 2023 | |
| Expense Ratio | 1.8200 |
Needham |
Needham Aggressive Relative Risk vs. Return Landscape
If you would invest 4,674 in Needham Aggressive Growth on August 26, 2024 and sell it today you would earn a total of 42.00 from holding Needham Aggressive Growth or generate 0.9% return on investment over 90 days. Needham Aggressive Growth is currently producing 0.024% returns and takes up 1.4411% volatility of returns over 90 trading days. Put another way, 12% of traded mutual funds are less volatile than Needham, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Needham Aggressive Current Valuation
Overvalued
Today
Please note that Needham Aggressive's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Needham Aggressive Growth secures a last-minute Real Value of $44.42 per share. The latest price of the fund is $47.16. We determine the value of Needham Aggressive Growth 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 Needham Aggressive is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Needham Mutual Fund. However, Needham Aggressive'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 47.16 | Real 44.42 | Hype 47.16 | Naive 46.87 |
The intrinsic value of Needham Aggressive'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 Needham Aggressive'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 Needham Aggressive Growth helps investors to forecast how Needham 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 Needham Aggressive more accurately as focusing exclusively on Needham Aggressive's fundamentals will not take into account other important factors: Needham Aggressive Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Needham Aggressive's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Needham Aggressive Growth, and traders can use it to determine the average amount a Needham Aggressive'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 = 0.0166
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NEAGX |
Estimated Market Risk
| 1.44 actual daily | 12 88% 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 Needham Aggressive 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 Needham Aggressive by adding it to a well-diversified portfolio.
Needham Aggressive Fundamentals Growth
Needham Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Needham Aggressive, and Needham Aggressive 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 Needham Mutual Fund performance.
| Price To Earning | 26.27 X | ||||
| Price To Book | 2.54 X | ||||
| Price To Sales | 1.57 X | ||||
| Total Asset | 84.82 M | ||||
About Needham Aggressive Performance
Evaluating Needham Aggressive's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Needham Aggressive 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 Needham Aggressive 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 invests at least 65 percent of its total assets in the equity securities of domestic issuers listed on a nationally recognized securities exchange. It invests principally in markets and industries with strong growth potential, focusing primarily on the market leaders in these areas as these companies often garner a disproportionate share of the positive financial returns.Things to note about Needham Aggressive Growth performance evaluation
Checking the ongoing alerts about Needham Aggressive for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Needham Aggressive Growth 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 14.54% of its assets in cash |
- Analyzing Needham Aggressive'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 Needham Aggressive's stock is overvalued or undervalued compared to its peers.
- Examining Needham Aggressive'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 Needham Aggressive's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Needham Aggressive's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Needham Aggressive's mutual fund. These opinions can provide insight into Needham Aggressive's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Needham Mutual Fund
Needham Aggressive financial ratios help investors to determine whether Needham 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 Needham with respect to the benefits of owning Needham Aggressive security.
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