Tangerine Balanced Growth Fund Manager Performance Evaluation
0P0000ACFS | CAD 22.31 0.13 0.58% |
The entity has a beta of 0.0761, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tangerine Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tangerine Balanced is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Tangerine Balanced Growth are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong basic indicators, Tangerine Balanced is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors.
...moreFifty Two Week Low | 13.08 | |
Fifty Two Week High | 17.01 | |
Annual Report Expense Ratio | 1.07% |
Tangerine |
Tangerine Balanced Relative Risk vs. Return Landscape
If you would invest 2,209 in Tangerine Balanced Growth on October 9, 2024 and sell it today you would earn a total of 22.00 from holding Tangerine Balanced Growth or generate 1.0% return on investment over 90 days. Tangerine Balanced Growth is generating 0.0178% of daily returns and assumes 0.4467% volatility on return distribution over the 90 days horizon. Simply put, 3% of funds are less volatile than Tangerine, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
Risk |
Tangerine Balanced Current Valuation
Fairly Valued
Today
Please note that Tangerine Balanced's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Tangerine Balanced Growth has a current Real Value of C$22.37 per share. The regular price of the fund is C$22.31. We determine the value of Tangerine Balanced Growth from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend taking in undervalued funds and trading overvalued funds since, at some point, fund prices and their ongoing real values will draw towards each other.
Since Tangerine Balanced is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tangerine Fund. However, Tangerine Balanced'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 22.31 | Real 22.37 | Hype 22.31 |
The real value of Tangerine Fund, also known as its intrinsic value, is the underlying worth of Tangerine Balanced Growth Fund, which is reflected in its stock price. It is based on Tangerine Balanced's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Tangerine Balanced'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, or news.
Estimating the potential upside or downside of Tangerine Balanced Growth helps investors to forecast how Tangerine 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 Tangerine Balanced more accurately as focusing exclusively on Tangerine Balanced's fundamentals will not take into account other important factors: Tangerine Balanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tangerine Balanced's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Tangerine Balanced Growth, and traders can use it to determine the average amount a Tangerine Balanced'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 = 0.0398
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Negative Returns | 0P0000ACFS |
Estimated Market Risk
0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Tangerine Balanced is performing at about 3% 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 Tangerine Balanced by adding it to a well-diversified portfolio.
Tangerine Balanced Fundamentals Growth
Tangerine Fund prices reflect investors' perceptions of the future prospects and financial health of Tangerine Balanced, and Tangerine Balanced 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 Tangerine Fund performance.
Total Asset | 932.27 M | |||
About Tangerine Balanced Performance
By analyzing Tangerine Balanced's fundamental ratios, stakeholders can gain valuable insights into Tangerine Balanced's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tangerine Balanced 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 Tangerine Balanced has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
This Fund seeks to provide capital appreciation and some income by investing in both equity and fixed income securities based on a prescribed allocation among four distinct asset classes Canadian bonds, Canadian equity, U.S. equity and international equity. Tangerine Balanced is traded on Toronto Stock Exchange in Canada.Things to note about Tangerine Balanced Growth performance evaluation
Checking the ongoing alerts about Tangerine Balanced for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Tangerine Balanced 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 holds about 21.26% of its total net assets in fixed income securities |
- Analyzing Tangerine Balanced'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 Tangerine Balanced's stock is overvalued or undervalued compared to its peers.
- Examining Tangerine Balanced'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 Tangerine Balanced's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tangerine Balanced's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Tangerine Balanced's fund. These opinions can provide insight into Tangerine Balanced's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Tangerine Fund
Tangerine Balanced financial ratios help investors to determine whether Tangerine 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 Tangerine with respect to the benefits of owning Tangerine Balanced security.
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