Oak Ridge Dividend Fund Manager Performance Evaluation
| ORDNX Fund | USD 21.57 0.07 0.32% |
The fund holds a Beta of 0.0423, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oak Ridge's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oak Ridge is expected to be smaller as well.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Oak Ridge Dividend are ranked lower than 23 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Oak Ridge is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Wedbush Downgrades First Horizon Corporation - Preferred Stock - MSN | 09/24/2024 |
| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 0.9700 |
Oak |
Oak Ridge Relative Risk vs. Return Landscape
If you would invest 2,100 in Oak Ridge Dividend on August 31, 2024 and sell it today you would earn a total of 57.00 from holding Oak Ridge Dividend or generate 2.71% return on investment over 90 days. Oak Ridge Dividend is currently producing 0.0426% returns and takes up 0.1447% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Oak, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Oak Ridge Current Valuation
Overvalued
Today
Please note that Oak Ridge's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Oak Ridge Dividend holds a recent Real Value of $19.8 per share. The prevailing price of the fund is $21.57. We determine the value of Oak Ridge Dividend from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support 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 Oak Ridge is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Oak Mutual Fund. However, Oak Ridge'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 21.57 | Real 19.8 | Hype 21.57 | Naive 21.55 |
The intrinsic value of Oak Ridge'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 Oak Ridge'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 Oak Ridge Dividend helps investors to forecast how Oak 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 Oak Ridge more accurately as focusing exclusively on Oak Ridge's fundamentals will not take into account other important factors: Oak Ridge Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oak Ridge's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Oak Ridge Dividend, and traders can use it to determine the average amount a Oak Ridge'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 = 0.2947
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ORDNX |
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
| 0.29 actual daily | 23 77% of assets perform better |
Based on monthly moving average Oak Ridge is performing at about 23% 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 Oak Ridge by adding it to a well-diversified portfolio.
Oak Ridge Fundamentals Growth
Oak Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Oak Ridge, and Oak Ridge 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 Oak Mutual Fund performance.
| Price To Earning | 18.51 X | |||
| Price To Book | 3.02 X | |||
| Price To Sales | 1.40 X | |||
About Oak Ridge Performance
Evaluating Oak Ridge's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Oak Ridge 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 Oak Ridge 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 market conditions, the fund invests at least 80 percent of its net assets in a portfolio of preferred and debt securities issued by U.S. and non-U.S. companies, including traditional preferred securities. The fund may invest over 25 percent of its net assets in the financials sector, which is comprised of the bank, diversified financials, real estate and insurance industries. The adviser pursues its investment objective by primarily investing in preferred and debt securities and other income producing securities and securities of other investment companies.Things to note about Oak Ridge Dividend performance evaluation
Checking the ongoing alerts about Oak Ridge for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Oak Ridge Dividend 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 5.24% of its assets in cash |
- Analyzing Oak Ridge'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 Oak Ridge's stock is overvalued or undervalued compared to its peers.
- Examining Oak Ridge'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 Oak Ridge's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Oak Ridge's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Oak Ridge's mutual fund. These opinions can provide insight into Oak Ridge's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Oak Mutual Fund
Oak Ridge financial ratios help investors to determine whether Oak 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 Oak with respect to the benefits of owning Oak Ridge security.
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