Easterly Snow Longshort Fund Manager Performance Evaluation
| SNORX Fund | USD 33.75 0.22 0.65% |
The fund shows a Beta (market volatility) of 0.91, which means possible diversification benefits within a given portfolio. Easterly Snow returns are very sensitive to returns on the market. As the market goes up or down, Easterly Snow 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 Easterly Snow Longshort are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Easterly Snow is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreEasterly |
Easterly Snow Relative Risk vs. Return Landscape
If you would invest 3,295 in Easterly Snow Longshort on September 12, 2024 and sell it today you would earn a total of 80.00 from holding Easterly Snow Longshort or generate 2.43% return on investment over 90 days. Easterly Snow Longshort is currently producing 0.0425% returns and takes up 0.9432% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Easterly, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Easterly Snow Current Valuation
Fairly Valued
Today
Please note that Easterly Snow's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Easterly Snow Longshort shows a prevailing Real Value of $34.06 per share. The current price of the fund is $33.75. We determine the value of Easterly Snow Longshort from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Easterly Snow is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Easterly Mutual Fund. However, Easterly Snow'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 33.75 | Real 34.06 | Hype 33.75 | Naive 33.41 |
The intrinsic value of Easterly Snow'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 Easterly Snow'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 Easterly Snow Longshort helps investors to forecast how Easterly 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 Easterly Snow more accurately as focusing exclusively on Easterly Snow's fundamentals will not take into account other important factors: Easterly Snow Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Easterly Snow's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Easterly Snow Longshort, and traders can use it to determine the average amount a Easterly Snow'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 = 0.045
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SNORX |
Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Easterly Snow 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 Easterly Snow by adding it to a well-diversified portfolio.
Easterly Snow Fundamentals Growth
Easterly Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Easterly Snow, and Easterly Snow 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 Easterly Mutual Fund performance.
| Total Asset | 103.13 M | ||||
About Easterly Snow Performance
Evaluating Easterly Snow's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Easterly Snow 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 Easterly Snow 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 in equity securities, including common and preferred stocks, convertible securities, and shares of other investment companies and exchange-traded funds that invest in equity securities. It may invest in securities of companies of any size. In addition to domestic securities, the fund may have up to 25 percent of its net assets invested directly or indirectly in foreign securities.Things to note about Easterly Snow Longshort performance evaluation
Checking the ongoing alerts about Easterly Snow for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Easterly Snow Longshort 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: Glancy Prongay Murray LLP Announces Investigation of NuScale Power Corporation fka Spring Valley Acquisition Corp. - Business Wire | |
| The fund maintains about 18.66% of its assets in cash |
- Analyzing Easterly Snow'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 Easterly Snow's stock is overvalued or undervalued compared to its peers.
- Examining Easterly Snow'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 Easterly Snow's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Easterly Snow's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Easterly Snow's mutual fund. These opinions can provide insight into Easterly Snow's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Easterly Mutual Fund
Easterly Snow financial ratios help investors to determine whether Easterly 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 Easterly with respect to the benefits of owning Easterly Snow security.
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