Vela Large Cap Fund Manager Performance Evaluation
| VELIX Fund | USD 18.32 0.03 0.16% |
The entity has a beta of 0.62, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vela Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vela Large is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Vela Large Cap are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Vela Large is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Vela Large Relative Risk vs. Return Landscape
If you would invest 1,752 in Vela Large Cap on August 31, 2024 and sell it today you would earn a total of 80.00 from holding Vela Large Cap or generate 4.57% return on investment over 90 days. Vela Large Cap is currently producing 0.0721% returns and takes up 0.5049% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Vela, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Vela Large Current Valuation
Fairly Valued
Today
Please note that Vela Large's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Vela Large Cap has a current Real Value of $18.19 per share. The regular price of the fund is $18.32. We determine the value of Vela Large Cap 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 Vela Large is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Vela Mutual Fund. However, Vela Large'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 18.32 | Real 18.19 | Hype 18.32 |
The intrinsic value of Vela Large'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 Vela Large'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 Vela Large Cap helps investors to forecast how Vela 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 Vela Large more accurately as focusing exclusively on Vela Large's fundamentals will not take into account other important factors: Vela Large Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vela Large's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Vela Large Cap, and traders can use it to determine the average amount a Vela Large'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 = 0.1429
| Best Portfolio | Best Equity | |||
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| Cash | VELIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Vela Large is performing at about 11% 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 Vela Large by adding it to a well-diversified portfolio.
Vela Large Fundamentals Growth
Vela Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Vela Large, and Vela Large 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 Vela Mutual Fund performance.
| Total Asset | 28.75 M | ||||
About Vela Large Performance
Evaluating Vela Large's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Vela Large 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 Vela Large 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, under normal market conditions, invests at least 80 percent of its net assets in long and short positions in U.S. equity securities with large market capitalizations. Equity securities consist of common and preferred stocks. Under normal market conditions, the adviser intends to maintain its net exposure in the range of 80 percent - 100 percent . However, the long and short positions held by the fund will vary in size as market opportunities change.Things to note about Vela Large Cap performance evaluation
Checking the ongoing alerts about Vela Large for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Vela Large Cap 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 about 5.85% of its net assets in cash |
- Analyzing Vela Large'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 Vela Large's stock is overvalued or undervalued compared to its peers.
- Examining Vela Large'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 Vela Large's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Vela Large's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Vela Large's mutual fund. These opinions can provide insight into Vela Large's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Vela Mutual Fund
Vela Large financial ratios help investors to determine whether Vela 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 Vela with respect to the benefits of owning Vela Large security.
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