World Growth Fund Manager Performance Evaluation
| USWGX Fund | USD 32.65 0.10 0.31% |
The entity maintains a market beta of 0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, World Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding World Growth is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in World Growth Fund are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, World Growth may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio Date | 1st of October 2019 | |
| Expense Ratio | 1.3600 |
World |
World Growth Relative Risk vs. Return Landscape
If you would invest 3,054 in World Growth Fund on September 5, 2024 and sell it today you would earn a total of 211.00 from holding World Growth Fund or generate 6.91% return on investment over 90 days. World Growth Fund is currently producing 0.1068% returns and takes up 0.6866% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than World, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
World Growth Current Valuation
Fairly Valued
Today
Please note that World Growth's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. World Growth maintains a prevalent Real Value of $32.35 per share. The last-minute price of the fund is $32.65. We determine the value of World Growth from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will grow together.
Since World Growth is currently traded on the exchange, buyers and sellers on that exchange determine the market value of World Mutual Fund. However, World Growth'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 32.65 | Real 32.35 | Hype 32.65 | Naive 32.71 |
The intrinsic value of World Growth'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 World Growth'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 World Growth Fund helps investors to forecast how World 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 World Growth more accurately as focusing exclusively on World Growth's fundamentals will not take into account other important factors: World Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for World Growth's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as World Growth Fund, and traders can use it to determine the average amount a World Growth'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 = 0.1555
| Best Portfolio | Best Equity | |||
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| Cash | USWGX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average World Growth is performing at about 12% 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 World Growth by adding it to a well-diversified portfolio.
World Growth Fundamentals Growth
World Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of World Growth, and World Growth 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 World Mutual Fund performance.
| Price To Earning | 19.35 X | ||||
| Price To Book | 2.89 X | ||||
| Price To Sales | 2.22 X | ||||
| Total Asset | 6.42 M | ||||
About World Growth Performance
Evaluating World Growth's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if World Growth 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 World Growth 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 its assets primarily in equity securities of both foreign and domestic issuers. The equity securities in which the fund principally invests are common stocks, depositary receipts, preferred stocks, securities convertible into common stocks, and securities that carry the right to buy common stocks.Things to note about World Growth performance evaluation
Checking the ongoing alerts about World Growth for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for World Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund keeps 98.43% of its net assets in stocks |
- Analyzing World Growth'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 World Growth's stock is overvalued or undervalued compared to its peers.
- Examining World Growth'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 World Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of World Growth's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of World Growth's mutual fund. These opinions can provide insight into World Growth's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in World Mutual Fund
World Growth financial ratios help investors to determine whether World 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 World with respect to the benefits of owning World Growth security.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |