SKAGEN AVKASTNING (Norway) Manager Performance Evaluation
| NO0008000452 | 148.40 0.04 0.03% |
The entity owns a Beta (Systematic Risk) of 0.0075, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SKAGEN AVKASTNING's returns are expected to increase less than the market. However, during the bear market, the loss of holding SKAGEN AVKASTNING is expected to be smaller as well.
Risk-Adjusted Performance
75 of 100
Weak | Strong |
Market Crasher
Compared to the overall equity markets, risk-adjusted returns on investments in SKAGEN AVKASTNING are ranked lower than 75 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong basic indicators, SKAGEN AVKASTNING is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors.
...moreSKAGEN |
SKAGEN AVKASTNING Relative Risk vs. Return Landscape
If you would invest 14,599 in SKAGEN AVKASTNING on August 28, 2024 and sell it today you would earn a total of 241.00 from holding SKAGEN AVKASTNING or generate 1.65% return on investment over 90 days. SKAGEN AVKASTNING is generating 0.026% of daily returns and assumes 0.027% volatility on return distribution over the 90 days horizon. Simply put, 0% of funds are less volatile than SKAGEN, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SKAGEN AVKASTNING Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SKAGEN AVKASTNING's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as SKAGEN AVKASTNING, and traders can use it to determine the average amount a SKAGEN AVKASTNING'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 = 0.9613
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Based on monthly moving average SKAGEN AVKASTNING is performing at about 75% 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 SKAGEN AVKASTNING by adding it to a well-diversified portfolio.
Things to note about SKAGEN AVKASTNING performance evaluation
Checking the ongoing alerts about SKAGEN AVKASTNING for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for SKAGEN AVKASTNING help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating SKAGEN AVKASTNING's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate SKAGEN AVKASTNING's fund performance include:- Analyzing SKAGEN AVKASTNING'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 SKAGEN AVKASTNING's stock is overvalued or undervalued compared to its peers.
- Examining SKAGEN AVKASTNING'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 SKAGEN AVKASTNING's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SKAGEN AVKASTNING's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of SKAGEN AVKASTNING's fund. These opinions can provide insight into SKAGEN AVKASTNING's potential for growth and whether the stock is currently undervalued or overvalued.
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