Sierra Strategic Income Fund Manager Performance Evaluation
| SSIRX Fund | USD 20.16 0.01 0.05% |
The entity has a beta of 0.0616, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sierra Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sierra Strategic is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Sierra Strategic Income are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Sierra Strategic is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 30th of January 2023 | |
| Expense Ratio | 1.3200 |
Sierra |
Sierra Strategic Relative Risk vs. Return Landscape
If you would invest 2,007 in Sierra Strategic Income on August 30, 2024 and sell it today you would earn a total of 9.00 from holding Sierra Strategic Income or generate 0.45% return on investment over 90 days. Sierra Strategic Income is currently producing 0.0073% returns and takes up 0.1775% volatility of returns over 90 trading days. Put another way, 1% 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 Strategic Current Valuation
Fairly Valued
Today
Please note that Sierra Strategic's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Sierra Strategic Income has a current Real Value of $20.16 per share. The regular price of the fund is $20.16. We determine the value of Sierra Strategic Income 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 Sierra Strategic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Sierra Mutual Fund. However, Sierra Strategic'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 20.16 | Real 20.16 | Hype 20.16 | Naive 20.16 |
The intrinsic value of Sierra Strategic'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 Strategic'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 Strategic Income 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 Strategic more accurately as focusing exclusively on Sierra Strategic's fundamentals will not take into account other important factors: Sierra Strategic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sierra Strategic's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Sierra Strategic Income, and traders can use it to determine the average amount a Sierra Strategic'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 = 0.0409
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SSIRX |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Sierra Strategic 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 Sierra Strategic by adding it to a well-diversified portfolio.
Sierra Strategic Fundamentals Growth
Sierra Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Sierra Strategic, and Sierra Strategic 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.
| Price To Earning | 16.67 X | ||||
| Price To Book | 1.58 X | ||||
| Price To Sales | 1.08 X | ||||
| Total Asset | 1.76 B | ||||
About Sierra Strategic Performance
Evaluating Sierra Strategic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Sierra Strategic 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 Strategic 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 open-end investment companies , exchange-traded funds . It invests in underlying funds without restriction as to issuer credit quality , capitalization, country or the individual security maturity of the securities held by the underlying funds.Things to note about Sierra Strategic Income performance evaluation
Checking the ongoing alerts about Sierra Strategic for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Sierra Strategic Income 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 26.71% of its assets in cash |
- Analyzing Sierra Strategic'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 Strategic's stock is overvalued or undervalued compared to its peers.
- Examining Sierra Strategic'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 Strategic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sierra Strategic's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Sierra Strategic's mutual fund. These opinions can provide insight into Sierra Strategic's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Sierra Mutual Fund
Sierra Strategic 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 Strategic security.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |