Coronation Balanced (South Africa) Manager Performance Evaluation
| 0P0000IR5L | 165.64 0.92 0.56% |
The fund shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Coronation Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coronation Balanced is expected to be smaller as well.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Coronation Balanced Plus are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. Despite fairly strong basic indicators, Coronation Balanced is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders.
...moreCoronation |
Coronation Balanced Relative Risk vs. Return Landscape
If you would invest 16,033 in Coronation Balanced Plus on December 20, 2024 and sell it today you would earn a total of 531.00 from holding Coronation Balanced Plus or generate 3.31% return on investment over 90 days. Coronation Balanced Plus is generating 0.0544% of daily returns and assumes 0.6047% volatility on return distribution over the 90 days horizon. Simply put, 5% of funds are less volatile than Coronation, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Coronation Balanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coronation Balanced's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Coronation Balanced Plus, and traders can use it to determine the average amount a Coronation 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 = 0.0899
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | 0P0000IR5L | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.05 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Coronation Balanced is performing at about 7% 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 Coronation Balanced by adding it to a well-diversified portfolio.
Things to note about Coronation Balanced Plus performance evaluation
Checking the ongoing alerts about Coronation Balanced for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Coronation Balanced Plus help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Coronation Balanced's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Coronation Balanced's fund performance include:- Analyzing Coronation 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 Coronation Balanced's stock is overvalued or undervalued compared to its peers.
- Examining Coronation 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 Coronation Balanced's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Coronation Balanced's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Coronation Balanced's fund. These opinions can provide insight into Coronation Balanced's potential for growth and whether the stock is currently undervalued or overvalued.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |