Aqr Long Short Equity Fund Manager Performance Evaluation
| QLEIX Fund | USD 16.82 0.08 0.47% |
The fund shows a Beta (market volatility) of -0.0546, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aqr Long-short are expected to decrease at a much lower rate. During the bear market, Aqr Long-short is likely to outperform the market.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Aqr Long Short Equity are ranked lower than 16 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Aqr Long-short 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 | 1st of May 2023 | |
| Expense Ratio | 4.9300 |
Aqr |
Aqr Long-short Relative Risk vs. Return Landscape
If you would invest 1,586 in Aqr Long Short Equity on August 29, 2024 and sell it today you would earn a total of 96.00 from holding Aqr Long Short Equity or generate 6.05% return on investment over 90 days. Aqr Long Short Equity is currently producing 0.0943% returns and takes up 0.4377% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Aqr, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Aqr Long-short Current Valuation
Fairly Valued
Today
Please note that Aqr Long-short's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Aqr Long Short shows a prevailing Real Value of $16.7 per share. The current price of the fund is $16.82. We determine the value of Aqr Long Short from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Aqr Long-short is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Aqr Mutual Fund. However, Aqr Long-short'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 16.82 | Real 16.7 | Hype 16.82 | Naive 16.72 |
The intrinsic value of Aqr Long-short'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 Aqr Long-short'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 Aqr Long Short Equity helps investors to forecast how Aqr 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 Aqr Long-short more accurately as focusing exclusively on Aqr Long-short's fundamentals will not take into account other important factors: Aqr Long-short Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aqr Long-short's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Aqr Long Short Equity, and traders can use it to determine the average amount a Aqr Long-short'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 = 0.2154
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| Cash | QLEIX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Aqr Long-short is performing at about 16% 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 Aqr Long-short by adding it to a well-diversified portfolio.
Aqr Long-short Fundamentals Growth
Aqr Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Aqr Long-short, and Aqr Long-short 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 Aqr Mutual Fund performance.
| Price To Earning | 16.64 X | ||||
| Price To Book | 1.99 X | ||||
| Price To Sales | 0.99 X | ||||
| Total Asset | 604.03 M | ||||
About Aqr Long-short Performance
Evaluating Aqr Long-short's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Aqr Long-short 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 Aqr Long-short 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 pursues its investment objective by investing at least 80 percent of its net assets in equity instruments and equity related andor derivative instruments. Equity related andor derivative instruments are investments that provide exposure to the performance of equity instruments, including equity swaps , equity index futures and exchange-traded funds and similar pooled investment vehicles .Things to note about Aqr Long Short performance evaluation
Checking the ongoing alerts about Aqr Long-short for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Aqr Long Short 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 10.6% of its assets in cash |
- Analyzing Aqr Long-short'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 Aqr Long-short's stock is overvalued or undervalued compared to its peers.
- Examining Aqr Long-short'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 Aqr Long-short's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aqr Long-short's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Aqr Long-short's mutual fund. These opinions can provide insight into Aqr Long-short's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Aqr Mutual Fund
Aqr Long-short financial ratios help investors to determine whether Aqr 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 Aqr with respect to the benefits of owning Aqr Long-short security.
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