Sierra Tactical Risk Fund Manager Performance Evaluation
| SRSJX Fund | 29.19 0.33 1.14% |
The entity has a beta of 0.0539, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sierra Tactical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sierra Tactical is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Sierra Tactical Risk are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward-looking indicators, Sierra Tactical is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreSierra |
Sierra Tactical Relative Risk vs. Return Landscape
If you would invest 2,807 in Sierra Tactical Risk on August 29, 2024 and sell it today you would earn a total of 112.00 from holding Sierra Tactical Risk or generate 3.99% return on investment over 90 days. Sierra Tactical Risk is currently producing 0.0623% returns and takes up 0.483% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Sierra, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Sierra Tactical Current Valuation
Fairly Valued
Today
Please note that Sierra Tactical's price fluctuation is very steady at this time. Based on Macroaxis valuation methodology, the fund is fairly valued. Sierra Tactical Risk has a current Real Value of USD29.0 per share. The regular price of the fund is USD29.19. Our model measures the value of Sierra Tactical Risk from inspecting the fund technical indicators and probability of bankruptcy. In general, investors 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 Sierra Tactical is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sierra Mutual Fund. However, Sierra Tactical'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 29.19 | Real 29.0 | Hype 29.19 | Naive 29.1 |
The intrinsic value of Sierra Tactical'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 Sierra Tactical'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 Sierra Tactical Risk helps investors to forecast how Sierra 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 Sierra Tactical more accurately as focusing exclusively on Sierra Tactical's fundamentals will not take into account other important factors: Sierra Tactical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sierra Tactical's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Sierra Tactical Risk, and traders can use it to determine the average amount a Sierra Tactical'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 = 0.129
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| Cash | SRSJX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Sierra Tactical is performing at about 10% 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 Sierra Tactical by adding it to a well-diversified portfolio.
Sierra Tactical Fundamentals Growth
Sierra Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Sierra Tactical, and Sierra Tactical 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 Sierra Mutual Fund performance.
About Sierra Tactical Performance
Evaluating Sierra Tactical's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sierra Tactical 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 Sierra Tactical 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 Sierra Tactical Risk Spectrum 70 Fund is a fund of funds. The adviser seeks to achieve the funds investment objective by investing in a combination of unaffiliated mutual funds and exchange traded funds . Under normal market conditions, the funds target exposure over a three-year period to equity securities, of any market capitalization, through the underlying funds will average between 50-70 percent of the funds assets.Things to note about Sierra Tactical Risk performance evaluation
Checking the ongoing alerts about Sierra Tactical for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Sierra Tactical Risk 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 all of the assets in different exotic instruments |
- Analyzing Sierra Tactical'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 Sierra Tactical's stock is overvalued or undervalued compared to its peers.
- Examining Sierra Tactical'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 Sierra Tactical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sierra Tactical's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Sierra Tactical's mutual fund. These opinions can provide insight into Sierra Tactical's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Sierra Mutual Fund
Sierra Tactical financial ratios help investors to determine whether Sierra 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 Sierra with respect to the benefits of owning Sierra Tactical security.
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