Ridgeworth Innovative Growth Fund Manager Performance Evaluation
| SCATX Fund | USD 60.67 1.49 2.40% |
The fund holds a Beta of 1.11, which implies a somewhat significant risk relative to the market. Ridgeworth Innovative returns are very sensitive to returns on the market. As the market goes up or down, Ridgeworth Innovative is expected to follow.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Ridgeworth Innovative Growth has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...more| Expense Ratio Date | 28th of April 2025 | |
| Expense Ratio | 1.0000 |
Ridgeworth |
Ridgeworth Innovative Relative Risk vs. Return Landscape
If you would invest 6,790 in Ridgeworth Innovative Growth on November 5, 2025 and sell it today you would lose (723.00) from holding Ridgeworth Innovative Growth or give up 10.65% of portfolio value over 90 days. Ridgeworth Innovative Growth is currently producing negative expected returns and takes up 1.3866% volatility of returns over 90 trading days. Put another way, 12% of traded mutual funds are less volatile than Ridgeworth, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ridgeworth Innovative Current Valuation
Fairly Valued
Today
Please note that Ridgeworth Innovative's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Ridgeworth Innovative holds a recent Real Value of $61.57 per share. The prevailing price of the fund is $60.67. We determine the value of Ridgeworth Innovative 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 Ridgeworth Innovative is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ridgeworth Mutual Fund. However, Ridgeworth Innovative'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 60.67 | Real 61.57 | Hype 60.67 | Naive 59.71 |
The intrinsic value of Ridgeworth Innovative'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 Ridgeworth Innovative'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 Ridgeworth Innovative Growth helps investors to forecast how Ridgeworth 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 Ridgeworth Innovative more accurately as focusing exclusively on Ridgeworth Innovative's fundamentals will not take into account other important factors: Ridgeworth Innovative Target Price Odds to finish over Current Price
The tendency of Ridgeworth Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 60.67 | 90 days | 60.67 | close to 99 |
Based on a normal probability distribution, the odds of Ridgeworth Innovative to move above the current price in 90 days from now is close to 99 (This Ridgeworth Innovative Growth probability density function shows the probability of Ridgeworth Mutual Fund to fall within a particular range of prices over 90 days) .
Ridgeworth Innovative Price Density |
| Price |
Predictive Modules for Ridgeworth Innovative
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ridgeworth Innovative. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ridgeworth Innovative's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ridgeworth Innovative Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ridgeworth Innovative is not an exception. The market had few large corrections towards the Ridgeworth Innovative's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ridgeworth Innovative Growth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ridgeworth Innovative within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 1.11 | |
σ | Overall volatility | 1.45 | |
Ir | Information ratio | -0.16 |
Ridgeworth Innovative Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ridgeworth Innovative for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ridgeworth Innovative can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ridgeworth Innovative generated a negative expected return over the last 90 days | |
| The fund generated five year return of -1.0% | |
| Ridgeworth Innovative maintains 96.82% of its assets in stocks |
Ridgeworth Innovative Fundamentals Growth
Ridgeworth Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ridgeworth Innovative, and Ridgeworth Innovative 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 Ridgeworth Mutual Fund performance.
| Price To Earning | 48.79 X | |||
| Price To Book | 4.31 X | |||
| Price To Sales | 3.33 X | |||
| Total Asset | 314.99 M | |||
About Ridgeworth Innovative Performance
Evaluating Ridgeworth Innovative's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ridgeworth Innovative 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 Ridgeworth Innovative 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 invests at least 80 percent of its net assets in common stocks of U.S. companies and other U.S. Virtus Zevenbergen is traded on NASDAQ Exchange in the United States.Things to note about Ridgeworth Innovative performance evaluation
Checking the ongoing alerts about Ridgeworth Innovative for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ridgeworth Innovative help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ridgeworth Innovative generated a negative expected return over the last 90 days | |
| The fund generated five year return of -1.0% | |
| Ridgeworth Innovative maintains 96.82% of its assets in stocks |
- Analyzing Ridgeworth Innovative'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 Ridgeworth Innovative's stock is overvalued or undervalued compared to its peers.
- Examining Ridgeworth Innovative'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 Ridgeworth Innovative's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ridgeworth Innovative's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ridgeworth Innovative's mutual fund. These opinions can provide insight into Ridgeworth Innovative's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ridgeworth Mutual Fund
Ridgeworth Innovative financial ratios help investors to determine whether Ridgeworth 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 Ridgeworth with respect to the benefits of owning Ridgeworth Innovative security.
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