Red Oak Technology Fund Manager Performance Evaluation

ROGSX Fund  USD 48.47  0.04  0.08%   
The fund holds a Beta of 1.08, which implies a somewhat significant risk relative to the market. Red Oak returns are very sensitive to returns on the market. As the market goes up or down, Red Oak is expected to follow.

Risk-Adjusted Performance

3 of 100

 
Weak
 
Strong
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Red Oak Technology are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Red Oak is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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1
Semiconductor Sales Rebounding on Growing Demand 3 Funds to Buy - Yahoo Finance
09/05/2024
2
3 Tech Funds Set to Gain From the Ongoing Market Rally - Yahoo Finance
11/13/2024
Expense Ratio Date28th of February 2023
Expense Ratio0.9400
  

Red Oak Relative Risk vs. Return Landscape

If you would invest  4,723  in Red Oak Technology on August 27, 2024 and sell it today you would earn a total of  124.00  from holding Red Oak Technology or generate 2.63% return on investment over 90 days. Red Oak Technology is currently producing 0.0482% returns and takes up 1.2483% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Red, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Red Oak is expected to generate 2.69 times less return on investment than the market. In addition to that, the company is 1.61 times more volatile than its market benchmark. It trades about 0.04 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.17 per unit of volatility.

Red Oak Current Valuation

Fairly Valued
Today
48.47
Please note that Red Oak's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Red Oak Technology holds a recent Real Value of $48.14 per share. The prevailing price of the fund is $48.47. We determine the value of Red Oak Technology 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 Red Oak is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Red Mutual Fund. However, Red Oak'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  48.47 Real  48.14 Hype  48.46 Naive  47.4
The intrinsic value of Red Oak'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 Red Oak'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.
48.14
Real Value
49.39
Upside
Estimating the potential upside or downside of Red Oak Technology helps investors to forecast how Red 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 Red Oak more accurately as focusing exclusively on Red Oak's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
47.5748.8650.14
Details
Hype
Prediction
LowEstimatedHigh
47.2148.4649.71
Details
Naive
Forecast
LowNext ValueHigh
46.1647.4048.65
Details

Red Oak Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Red Oak's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Red Oak Technology, and traders can use it to determine the average amount a Red Oak'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 = 0.0386

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Estimated Market Risk

 1.25
  actual daily
11
89% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Red Oak is performing at about 3% 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 Red Oak by adding it to a well-diversified portfolio.

Red Oak Fundamentals Growth

Red Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Red Oak, and Red Oak 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 Red Mutual Fund performance.

About Red Oak Performance

Evaluating Red Oak's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Red Oak 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 Red Oak 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.
The fund will invest at least 80 percent of its net assets, under normal circumstances, in equity securities of companies operating in the technology sector, as determined by the Adviser. It invests primarily in common stocks of U.S. companies, but may, to a lesser extent, invest in equity REITs, common stocks of foreign companies and American Depositary Receipts that meet the investment criteria of the fund.

Things to note about Red Oak Technology performance evaluation

Checking the ongoing alerts about Red Oak for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Red Oak Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from news.google.com: 3 Tech Funds Set to Gain From the Ongoing Market Rally - Yahoo Finance
The fund maintains 98.13% of its assets in stocks
Evaluating Red Oak's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Red Oak's mutual fund performance include:
  • Analyzing Red Oak'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 Red Oak's stock is overvalued or undervalued compared to its peers.
  • Examining Red Oak'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 Red Oak's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Red Oak's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Red Oak's mutual fund. These opinions can provide insight into Red Oak's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Red Oak's mutual fund performance is not an exact science, and many factors can impact Red Oak's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Red Mutual Fund

Red Oak financial ratios help investors to determine whether Red 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 Red with respect to the benefits of owning Red Oak security.
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