Tekla World Healthcare Fund Manager Performance Evaluation
| THW Fund | USD 11.93 0.11 0.93% |
The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tekla World's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tekla World is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Tekla World Healthcare has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest inconsistent performance, the Fund's technical indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the fund sophisticated investors.
...more| Expense Ratio | 1.5400 |
Tekla |
Tekla World Relative Risk vs. Return Landscape
If you would invest 1,278 in Tekla World Healthcare on August 28, 2024 and sell it today you would lose (85.00) from holding Tekla World Healthcare or give up 6.65% of portfolio value over 90 days. Tekla World Healthcare is generating negative expected returns assuming volatility of 0.8686% on return distribution over 90 days investment horizon. In other words, 7% of funds are less volatile than Tekla, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Tekla World Current Valuation
Fairly Valued
Today
Please note that Tekla World's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Tekla World Healthcare has a current Real Value of $12.01 per share. The regular price of the fund is $11.93. We determine the value of Tekla World Healthcare from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend buying undervalued funds and disposing overvalued funds since, at some point, fund prices and their ongoing real values will draw towards each other.
The fair value of the Tekla fund is determined by what a typical buyer is willing to pay for full or partial control of Tekla World Healthcare. Since Tekla World is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tekla Fund. However, Tekla World'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 11.93 | Real 12.01 | Hype 11.93 | Naive 11.97 |
The intrinsic value of Tekla World'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 Tekla World'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 Tekla World Healthcare helps investors to forecast how Tekla 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 Tekla World more accurately as focusing exclusively on Tekla World's fundamentals will not take into account other important factors: Tekla World Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tekla World's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Tekla World Healthcare, and traders can use it to determine the average amount a Tekla World'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 = -0.1214
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| Negative Returns | THW |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tekla World 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 Tekla World by adding Tekla World to a well-diversified portfolio.
Tekla World Fundamentals Growth
Tekla Fund prices reflect investors' perceptions of the future prospects and financial health of Tekla World, and Tekla World 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 Tekla Fund performance.
| Shares Outstanding | 37.49 M | ||||
| Price To Earning | 12.08 X | ||||
| Earnings Per Share | 1.16 X | ||||
About Tekla World Performance
Evaluating Tekla World's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tekla World 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 Tekla World 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.
Tekla World Healthcare Fund is a closed-ended balanced mutual fund launched and managed by Tekla Capital Management LLC. Tekla World Healthcare Fund was formed on June 26, 2015 and is domiciled in the United States. Tekla World operates under Asset Management classification in the United States and is traded on New York Stock Exchange.Things to note about Tekla World Healthcare performance evaluation
Checking the ongoing alerts about Tekla World for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Tekla World Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tekla World generated a negative expected return over the last 90 days |
- Analyzing Tekla World'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 Tekla World's stock is overvalued or undervalued compared to its peers.
- Examining Tekla World'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 Tekla World's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tekla World's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Tekla World's fund. These opinions can provide insight into Tekla World's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Tekla Fund
Tekla World financial ratios help investors to determine whether Tekla 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 Tekla with respect to the benefits of owning Tekla World security.
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