Starlight Multi Family Core Fund Manager Performance Evaluation
| SCPT-A Fund | CAD 2.25 0.05 2.17% |
The entity has a beta of -0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Starlight Multi are expected to decrease at a much lower rate. During the bear market, Starlight Multi is likely to outperform the market.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Starlight Multi Family Core are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat unfluctuating basic indicators, Starlight Multi may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more1 | STARLIGHT U.S. MULTI-FAMILY CORE PLUS FUND ANNOUNCES Q3-2024 RESULTS INCLUDING NORMALIZED YEAR-OVER-YEAR NOI GROWTH OF 2.5 percent - Barchart | 11/18/2024 |
| Fifty Two Week Low | 9.36 | |
| Fifty Two Week High | 11.50 |
Starlight |
Starlight Multi Relative Risk vs. Return Landscape
If you would invest 212.00 in Starlight Multi Family Core on August 27, 2024 and sell it today you would earn a total of 18.00 from holding Starlight Multi Family Core or generate 8.49% return on investment over 90 days. Starlight Multi Family Core is generating 0.1706% of daily returns and assumes 2.8596% volatility on return distribution over the 90 days horizon. Simply put, 25% of funds are less volatile than Starlight, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Starlight Multi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Starlight Multi's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Starlight Multi Family Core, and traders can use it to determine the average amount a Starlight Multi'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 = 0.0597
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SCPT-A | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Starlight Multi is performing at about 4% 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 Starlight Multi by adding it to a well-diversified portfolio.
About Starlight Multi Performance
By analyzing Starlight Multi's fundamental ratios, stakeholders can gain valuable insights into Starlight Multi's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Starlight Multi 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 Starlight Multi has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Starlight Multi Family performance evaluation
Checking the ongoing alerts about Starlight Multi for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Starlight Multi Family 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: STARLIGHT U.S. MULTI-FAMILY CORE PLUS FUND ANNOUNCES Q3-2024 RESULTS INCLUDING NORMALIZED YEAR-OVER-YEAR NOI GROWTH OF 2.5 percent - Barchart |
- Analyzing Starlight Multi'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 Starlight Multi's stock is overvalued or undervalued compared to its peers.
- Examining Starlight Multi'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 Starlight Multi's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Starlight Multi's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Starlight Multi's fund. These opinions can provide insight into Starlight Multi's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Starlight Fund
Starlight Multi financial ratios help investors to determine whether Starlight 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 Starlight with respect to the benefits of owning Starlight Multi security.
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