Symphony Floating Rate Fund Manager Performance Evaluation

SSF-UN Fund  CAD 6.53  0.00  0.00%   
The entity has a beta of -0.0551, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Symphony Floating are expected to decrease at a much lower rate. During the bear market, Symphony Floating is likely to outperform the market.

Risk-Adjusted Performance

Fair

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Symphony Floating Rate are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong technical and fundamental indicators, Symphony Floating is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors.
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Fifty Two Week Low8.10
Fifty Two Week High8.17
  

Symphony Floating Relative Risk vs. Return Landscape

If you would invest  644.00  in Symphony Floating Rate on November 22, 2025 and sell it today you would earn a total of  9.00  from holding Symphony Floating Rate or generate 1.4% return on investment over 90 days. Symphony Floating Rate is generating 0.0402% of daily returns and assumes 0.3331% volatility on return distribution over the 90 days horizon. Simply put, 2% of funds are less volatile than Symphony, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon Symphony Floating is expected to generate 2.66 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.25 times less risky than the market. It trades about 0.12 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.14 of returns per unit of risk over similar time horizon.
Below is the normalized historical share price chart for Symphony Floating Rate extending back to November 01, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Symphony Floating stands at 6.53, as last reported on the 20th of February, with the highest price reaching 6.53 and the lowest price hitting 6.51 during the day.
 
Yuan Drop
 
Covid
 
Interest Hikes

Symphony Floating Target Price Odds to finish over Current Price

The tendency of Symphony 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 6.53 90 days 6.53 
about 5.6
Based on a normal probability distribution, the odds of Symphony Floating to move above the current price in 90 days from now is about 5.6 (This Symphony Floating Rate probability density function shows the probability of Symphony Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Symphony Floating Rate has a beta of -0.0551. This usually implies as returns on the benchmark increase, returns on holding Symphony Floating are expected to decrease at a much lower rate. During a bear market, however, Symphony Floating Rate is likely to outperform the market. Additionally Symphony Floating Rate has an alpha of 0.0291, implying that it can generate a 0.0291 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Symphony Floating Price Density   
       Price  

Predictive Modules for Symphony Floating

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Symphony Floating Rate. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 Symphony Floating'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.
Hype
Prediction
LowEstimatedHigh
6.206.536.86
Details
Intrinsic
Valuation
LowRealHigh
5.916.246.57
Details
Naive
Forecast
LowNextHigh
6.196.526.85
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.306.526.74
Details

Symphony Floating Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Symphony Floating is not an exception. The market had few large corrections towards the Symphony Floating'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 Symphony Floating Rate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Symphony Floating within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.03
β
Beta against Dow Jones-0.06
σ
Overall volatility
0.07
Ir
Information ratio -0.06

Symphony Floating 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 Symphony Floating for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Symphony Floating Rate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Symphony Floating is not yet fully synchronised with the market data

About Symphony Floating Performance

By analyzing Symphony Floating's fundamental ratios, stakeholders can gain valuable insights into Symphony Floating's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Symphony 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 Symphony Floating has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Symphony Floating Rate Senior Loan Fund is a closed-ended fixed income mutual fund launched and managed by Brompton Funds Limited. Symphony Floating Rate Senior Loan Fund was formed on November 1, 2011 and is domiciled in Canada. SYMPHONY FLOATING is traded on Toronto Stock Exchange in Canada.

Things to note about Symphony Floating Rate performance evaluation

Checking the ongoing alerts about Symphony Floating for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Symphony Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Symphony Floating is not yet fully synchronised with the market data
Evaluating Symphony Floating's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Symphony Floating's fund performance include:
  • Analyzing Symphony 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 Symphony Floating's stock is overvalued or undervalued compared to its peers.
  • Examining Symphony 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 Symphony Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Symphony Floating's management team can help you assess the Fund's leadership.
  • Pay attention to analyst opinions and ratings of Symphony Floating's fund. These opinions can provide insight into Symphony Floating's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Symphony Floating's fund performance is not an exact science, and many factors can impact Symphony Floating's fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Symphony Fund

Symphony Floating financial ratios help investors to determine whether Symphony 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 Symphony with respect to the benefits of owning Symphony Floating security.
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