Sound Shore Fund Manager Performance Evaluation
| SSHFX Fund | USD 39.66 0.36 0.90% |
The entity has a beta of 0.59, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sound Shore's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sound Shore is expected to be smaller as well.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Sound Shore Fund has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's technical and fundamental indicators remain fairly strong which may send shares a bit higher in March 2025. The current disturbance may also be a sign of long term up-swing for the fund investors.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 0.9600 |
Sound |
Sound Shore Relative Risk vs. Return Landscape
If you would invest 4,683 in Sound Shore Fund on November 4, 2024 and sell it today you would lose (717.00) from holding Sound Shore Fund or give up 15.31% of portfolio value over 90 days. Sound Shore Fund is currently producing negative expected returns and takes up 2.6886% volatility of returns over 90 trading days. Put another way, 23% of traded mutual funds are less volatile than Sound, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Sound Shore Current Valuation
Undervalued
Today
Please note that Sound Shore's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Sound Shore Fund has a current Real Value of $40.82 per share. The regular price of the fund is $39.66. We determine the value of Sound Shore Fund 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 Sound Shore is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sound Mutual Fund. However, Sound Shore'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 39.66 | Real 40.82 | Hype 39.82 | Naive 40.44 |
The intrinsic value of Sound Shore'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 Sound Shore'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 Sound Shore Fund helps investors to forecast how Sound 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 Sound Shore more accurately as focusing exclusively on Sound Shore's fundamentals will not take into account other important factors: Sound Shore Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sound Shore's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Sound Shore Fund, and traders can use it to determine the average amount a Sound Shore'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 = -0.0861
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SSHFX |
Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sound Shore is not performing at its full potential. However, 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 Sound Shore by adding Sound Shore to a well-diversified portfolio.
Sound Shore Fundamentals Growth
Sound Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Sound Shore, and Sound Shore 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 Sound Mutual Fund performance.
| Price To Earning | 17.47 X | ||||
| Price To Book | 1.73 X | ||||
| Price To Sales | 1.52 X | ||||
| Total Asset | 503.5 M | ||||
About Sound Shore Performance
Evaluating Sound Shore's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sound Shore 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 Sound Shore 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 funds Adviser seeks to meet the funds investment objective of growth of capital by employing a value investment strategy to its selection of predominantly Large Cap and Mid Cap common stocks for the portfolio. Sound Shore is traded on NASDAQ Exchange in the United States.Things to note about Sound Shore Fund performance evaluation
Checking the ongoing alerts about Sound Shore for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Sound Shore Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sound Shore Fund generated a negative expected return over the last 90 days | |
| The fund maintains 96.78% of its assets in stocks |
- Analyzing Sound Shore'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 Sound Shore's stock is overvalued or undervalued compared to its peers.
- Examining Sound Shore'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 Sound Shore's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sound Shore's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Sound Shore's mutual fund. These opinions can provide insight into Sound Shore's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Sound Mutual Fund
Sound Shore financial ratios help investors to determine whether Sound 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 Sound with respect to the benefits of owning Sound Shore security.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |