Coronation Equity (South Africa) Manager Performance Evaluation
| 0P0000ZVKQ | 265.61 25.09 8.63% |
The fund shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Coronation Equity are expected to decrease at a much lower rate. During the bear market, Coronation Equity is likely to outperform the market.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Coronation Equity are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Coronation Equity may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...moreCoronation |
Coronation Equity Relative Risk vs. Return Landscape
If you would invest 24,899 in Coronation Equity on September 16, 2024 and sell it today you would earn a total of 1,662 from holding Coronation Equity or generate 6.67% return on investment over 90 days. Coronation Equity is generating 0.1076% of daily returns and assumes 1.2567% volatility on return distribution over the 90 days horizon. Simply put, 11% of funds are less volatile than Coronation, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Coronation Equity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coronation Equity's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Coronation Equity, and traders can use it to determine the average amount a Coronation Equity'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 = 0.0856
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| Cash | 0P0000ZVKQ | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Coronation Equity is performing at about 6% 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 Equity by adding it to a well-diversified portfolio.
Things to note about Coronation Equity performance evaluation
Checking the ongoing alerts about Coronation Equity for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Coronation Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Coronation Equity's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Coronation Equity's fund performance include:- Analyzing Coronation Equity'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 Equity's stock is overvalued or undervalued compared to its peers.
- Examining Coronation Equity'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 Equity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Coronation Equity's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Coronation Equity's fund. These opinions can provide insight into Coronation Equity's potential for growth and whether the stock is currently undervalued or overvalued.
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