Sierra Tactical Municipal Fund Manager Performance Evaluation
| STMKX Fund | USD 25.97 0.06 0.23% |
The entity has a beta of -0.0774, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sierra Tactical are expected to decrease at a much lower rate. During the bear market, Sierra Tactical is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Sierra Tactical Municipal has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward-looking signals, Sierra Tactical is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.6900 |
Sierra |
Sierra Tactical Relative Risk vs. Return Landscape
If you would invest 2,593 in Sierra Tactical Municipal on August 31, 2024 and sell it today you would lose (2.00) from holding Sierra Tactical Municipal or give up 0.08% of portfolio value over 90 days. Sierra Tactical Municipal is currently producing negative expected returns and takes up 0.2716% volatility of returns over 90 trading days. Put another way, 2% 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
Overvalued
Today
Please note that Sierra Tactical's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Sierra Tactical Municipal has a current Real Value of $25.22 per share. The regular price of the fund is $25.97. We determine the value of Sierra Tactical Municipal 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 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 25.97 | Real 25.22 | Hype 25.91 |
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 Municipal 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 Municipal, 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 = -0.0032
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | STMKX |
Estimated Market Risk
| 0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sierra Tactical 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 Sierra Tactical by adding Sierra Tactical 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.
| Total Asset | 308.83 M | |||
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 fund invests in open-end investment companies and exchange-traded funds that primarily invest in tax-exempt municipal bonds , as well as municipal money market funds. Under normal circumstances, the fund invests at least 80 percent of its net assets in funds that primarily invest in municipal bonds or other municipal debt instruments.Things to note about Sierra Tactical Municipal 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 Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sierra Tactical generated a negative expected return over the last 90 days | |
| The fund maintains about 99.73% of its assets in cash |
- 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.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |