Shenkman Floating Rate Fund Manager Performance Evaluation
| SFHFX Fund | USD 9.17 0.05 0.54% |
The entity has a beta of 0.0137, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shenkman Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shenkman Floating is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Shenkman Floating Rate are ranked lower than 18 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Shenkman Floating is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.6400 |
Shenkman |
Shenkman Floating Relative Risk vs. Return Landscape
If you would invest 904.00 in Shenkman Floating Rate on September 1, 2024 and sell it today you would earn a total of 13.00 from holding Shenkman Floating Rate or generate 1.44% return on investment over 90 days. Shenkman Floating Rate is currently producing 0.0227% returns and takes up 0.0982% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Shenkman, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Shenkman Floating Current Valuation
Fairly Valued
Today
Please note that Shenkman Floating's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Shenkman Floating Rate has a current Real Value of $9.16 per share. The regular price of the fund is $9.17. We determine the value of Shenkman Floating Rate from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Shenkman Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Shenkman Mutual Fund. However, Shenkman Floating'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 9.17 | Real 9.16 | Hype 9.17 | Naive 9.21 |
The intrinsic value of Shenkman Floating'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 Shenkman Floating'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 Shenkman Floating Rate helps investors to forecast how Shenkman 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 Shenkman Floating more accurately as focusing exclusively on Shenkman Floating's fundamentals will not take into account other important factors: Shenkman Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenkman Floating's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Shenkman Floating Rate, and traders can use it to determine the average amount a Shenkman Floating'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 = 0.2314
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| SFHFX |
Based on monthly moving average Shenkman Floating is performing at about 18% 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 Shenkman Floating by adding it to a well-diversified portfolio.
Shenkman Floating Fundamentals Growth
Shenkman Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Shenkman Floating, and Shenkman Floating 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 Shenkman Mutual Fund performance.
| Total Asset | 288.32 M | ||||
About Shenkman Floating Performance
Evaluating Shenkman Floating's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Shenkman Floating 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 Shenkman Floating 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 a diversified portfolio of senior secured and unsecured floating rate bank loans and other floating rate instruments. The loans and other instruments in which the fund invests include bank loans to corporate borrowers, traditional corporate bonds, notes, debentures, zero-coupon bonds, collateralized loan obligations and other corporate debt securities, and obligations of the U.S. government and government-sponsored entities.Things to note about Shenkman Floating Rate performance evaluation
Checking the ongoing alerts about Shenkman Floating for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Shenkman Floating Rate 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 95.96% of its assets in bonds |
- Analyzing Shenkman Floating'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 Shenkman Floating's stock is overvalued or undervalued compared to its peers.
- Examining Shenkman Floating'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 Shenkman Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shenkman Floating's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Shenkman Floating's mutual fund. These opinions can provide insight into Shenkman Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Shenkman Mutual Fund
Shenkman Floating financial ratios help investors to determine whether Shenkman 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 Shenkman with respect to the benefits of owning Shenkman Floating security.
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