Zacks Dividend Fund Manager Performance Evaluation
| ZDIVX Fund | USD 28.20 0.01 0.04% |
The entity maintains a market beta of 0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Zacks Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zacks Dividend 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 Zacks Dividend Fund are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Zacks Dividend is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of April 2023 | |
| Expense Ratio | 1.3000 |
Zacks |
Zacks Dividend Relative Risk vs. Return Landscape
If you would invest 2,666 in Zacks Dividend Fund on August 30, 2024 and sell it today you would earn a total of 154.00 from holding Zacks Dividend Fund or generate 5.78% return on investment over 90 days. Zacks Dividend Fund is currently producing 0.0912% returns and takes up 0.6487% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Zacks, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Zacks Dividend Current Valuation
Fairly Valued
Today
Please note that Zacks Dividend's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Zacks Dividend maintains a prevalent Real Value of $27.92 per share. The last-minute price of the fund is $28.2. We determine the value of Zacks Dividend 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 Zacks Dividend is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Zacks Mutual Fund. However, Zacks Dividend'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 28.2 | Real 27.92 | Hype 28.2 |
The intrinsic value of Zacks Dividend'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 Zacks Dividend'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 Zacks Dividend Fund helps investors to forecast how Zacks 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 Zacks Dividend more accurately as focusing exclusively on Zacks Dividend's fundamentals will not take into account other important factors: Zacks Dividend Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zacks Dividend's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Zacks Dividend Fund, and traders can use it to determine the average amount a Zacks Dividend'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 = 0.1407
| Best Portfolio | Best Equity | |||
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| Cash | ZDIVX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 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 Zacks Dividend 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 Zacks Dividend by adding it to a well-diversified portfolio.
Zacks Dividend Fundamentals Growth
Zacks Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Zacks Dividend, and Zacks Dividend 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 Zacks Mutual Fund performance.
| Price To Earning | 17.66 X | ||||
| Price To Book | 2.34 X | ||||
| Price To Sales | 1.65 X | ||||
| Total Asset | 24.18 M | ||||
About Zacks Dividend Performance
Evaluating Zacks Dividend's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Zacks Dividend 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 Zacks Dividend 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 will invest at least 80 percent of its net assets plus borrowings for investment purposes in equity securities of dividend paying companies organized or headquartered in the United States. Its equity investments include common stock, preferred stock, rights and warrants. The advisor intends to invest the funds assets in the equity securities of companies that the advisor believes are undervalued based on their earnings, dividends, assets, or other financial measures.Things to note about Zacks Dividend performance evaluation
Checking the ongoing alerts about Zacks Dividend for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Zacks Dividend 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 96.28% of its net assets in stocks |
- Analyzing Zacks Dividend'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 Zacks Dividend's stock is overvalued or undervalued compared to its peers.
- Examining Zacks Dividend'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 Zacks Dividend's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zacks Dividend's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Zacks Dividend's mutual fund. These opinions can provide insight into Zacks Dividend's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Zacks Mutual Fund
Zacks Dividend financial ratios help investors to determine whether Zacks 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 Zacks with respect to the benefits of owning Zacks Dividend security.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |