Royce Premier Fund Manager Performance Evaluation
| RPFIX Fund | USD 13.09 0.04 0.30% |
The fund holds a Beta of 0.0645, which implies not very significant fluctuations relative to the market. As returns on the market increase, Royce Premier's returns are expected to increase less than the market. However, during the bear market, the loss of holding Royce Premier is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Royce Premier Fund are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Royce Premier is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.1200 |
Royce |
Royce Premier Relative Risk vs. Return Landscape
If you would invest 1,237 in Royce Premier Fund on August 30, 2024 and sell it today you would earn a total of 72.00 from holding Royce Premier Fund or generate 5.82% return on investment over 90 days. Royce Premier Fund is currently producing 0.0964% returns and takes up 1.1531% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Royce, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Royce Premier Current Valuation
Fairly Valued
Today
Please note that Royce Premier's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Royce Premier holds a recent Real Value of $12.94 per share. The prevailing price of the fund is $13.09. We determine the value of Royce Premier 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 Royce Premier is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Royce Mutual Fund. However, Royce Premier'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 13.09 | Real 12.94 | Hype 13.09 | Naive 13.02 |
The intrinsic value of Royce Premier'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 Royce Premier'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 Royce Premier Fund helps investors to forecast how Royce 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 Royce Premier more accurately as focusing exclusively on Royce Premier's fundamentals will not take into account other important factors: Royce Premier Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Royce Premier's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Royce Premier Fund, and traders can use it to determine the average amount a Royce Premier'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 = 0.0836
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | RPFIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Royce Premier is performing at about 6% 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 Royce Premier by adding it to a well-diversified portfolio.
Royce Premier Fundamentals Growth
Royce Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Royce Premier, and Royce Premier 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 Royce Mutual Fund performance.
| Price To Earning | 8.80 X | ||||
| Price To Book | 2.53 X | ||||
| Price To Sales | 1.57 X | ||||
| Total Asset | 1.79 B | ||||
About Royce Premier Performance
Evaluating Royce Premier's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Royce Premier 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 Royce Premier 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 funds investment adviser invests the funds assets in a limited number of equity securities of primarily small-cap companies at the time of investment. Normally, the fund invests at least 80 percent of its net assets in equity securities of such premier companies. At least 65 percent of these securities will be issued by small-cap companies at the time of investment.Things to note about Royce Premier performance evaluation
Checking the ongoing alerts about Royce Premier for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Royce Premier 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 8.48% of its assets in cash |
- Analyzing Royce Premier'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 Royce Premier's stock is overvalued or undervalued compared to its peers.
- Examining Royce Premier'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 Royce Premier's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Royce Premier's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Royce Premier's mutual fund. These opinions can provide insight into Royce Premier's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Royce Mutual Fund
Royce Premier financial ratios help investors to determine whether Royce 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 Royce with respect to the benefits of owning Royce Premier security.
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