Vela Income Opportunities Fund Manager Performance Evaluation
| VIOAX Fund | USD 9.65 0.02 0.21% |
The entity has a beta of 0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vela Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vela Income is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Vela Income Opportunities has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Vela Income is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreVela |
Vela Income Relative Risk vs. Return Landscape
If you would invest 977.00 in Vela Income Opportunities on December 7, 2024 and sell it today you would lose (12.00) from holding Vela Income Opportunities or give up 1.23% of portfolio value over 90 days. Vela Income Opportunities is currently producing negative expected returns and takes up 0.4093% volatility of returns over 90 trading days. Put another way, 3% 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 Income Current Valuation
Undervalued
Today
Please note that Vela Income's price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. Vela Income Opportunities current Real Value cannot be determined due to lack of data. The regular price of Vela Income Opportunities is $9.65. Our model measures the value of Vela Income Opportunities from inspecting the fund technical indicators and probability of bankruptcy. In general, investors 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 Income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Vela Mutual Fund. However, Vela Income'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 9.65 | Real 0.0 | Hype 0.0 | Naive 9.66 |
The intrinsic value of Vela Income'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 Income'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 Income Opportunities 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 Income more accurately as focusing exclusively on Vela Income's fundamentals will not take into account other important factors: Vela Income Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vela Income's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Vela Income Opportunities, and traders can use it to determine the average amount a Vela Income'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 = -0.0483
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | VIOAX |
Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vela Income 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 Vela Income by adding Vela Income to a well-diversified portfolio.
Vela Income Fundamentals Growth
Vela Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Vela Income, and Vela Income 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.
About Vela Income Performance
Evaluating Vela Income's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Vela Income 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 Income 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.
Things to note about Vela Income Opportunities performance evaluation
Checking the ongoing alerts about Vela Income for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Vela Income Opportunities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Vela Income generated a negative expected return over the last 90 days | |
| The fund keeps all of the net assets in exotic instruments |
- Analyzing Vela Income'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 Income's stock is overvalued or undervalued compared to its peers.
- Examining Vela Income'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 Income's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Vela Income's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Vela Income's mutual fund. These opinions can provide insight into Vela Income's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Vela Mutual Fund
Vela Income 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 Income security.
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