Banking Portfolio Banking Fund Manager Performance Evaluation
| FSRBX Fund | USD 34.86 0.27 0.77% |
The fund shows a Beta (market volatility) of 2.05, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Banking Portfolio will likely underperform.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Banking Portfolio Banking are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak fundamental drivers, Banking Portfolio showed solid returns over the last few months and may actually be approaching a breakup point.
...more1 | Is Fidelity Select Banking a Strong Mutual Fund Pick Right Now - Yahoo Finance | 11/21/2024 |
| Expense Ratio Date | 29th of April 2023 | |
| Expense Ratio | 0.7200 |
Banking |
Banking Portfolio Relative Risk vs. Return Landscape
If you would invest 2,951 in Banking Portfolio Banking on September 4, 2024 and sell it today you would earn a total of 562.00 from holding Banking Portfolio Banking or generate 19.04% return on investment over 90 days. Banking Portfolio Banking is currently producing 0.292% returns and takes up 2.0197% volatility of returns over 90 trading days. Put another way, 17% of traded mutual funds are less volatile than Banking, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Banking Portfolio Current Valuation
Overvalued
Today
Please note that Banking Portfolio's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Banking Portfolio Banking shows a prevailing Real Value of $34.37 per share. The current price of the fund is $34.86. We determine the value of Banking Portfolio Banking from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Banking Portfolio is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Banking Mutual Fund. However, Banking Portfolio'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 34.86 | Real 34.37 | Hype 35.27 | Naive 35.03 |
The intrinsic value of Banking Portfolio'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 Banking Portfolio'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 Banking Portfolio Banking helps investors to forecast how Banking 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 Banking Portfolio more accurately as focusing exclusively on Banking Portfolio's fundamentals will not take into account other important factors: Banking Portfolio Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banking Portfolio's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Banking Portfolio Banking, and traders can use it to determine the average amount a Banking Portfolio'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 = 0.1446
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FSRBX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Banking Portfolio 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 Banking Portfolio by adding it to a well-diversified portfolio.
Banking Portfolio Fundamentals Growth
Banking Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Banking Portfolio, and Banking Portfolio 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 Banking Mutual Fund performance.
| Price To Earning | 13.31 X | ||||
| Price To Book | 1.11 X | ||||
| Price To Sales | 2.88 X | ||||
About Banking Portfolio Performance
Evaluating Banking Portfolio's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Banking Portfolio 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 Banking Portfolio 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 invests primarily in common stocks. It normally invests at least 80 percent of assets in securities of companies principally engaged in banking. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.Things to note about Banking Portfolio Banking performance evaluation
Checking the ongoing alerts about Banking Portfolio for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Banking Portfolio Banking help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Is Fidelity Select Banking a Strong Mutual Fund Pick Right Now - Yahoo Finance | |
| The fund retains 99.03% of its assets under management (AUM) in equities |
- Analyzing Banking Portfolio'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 Banking Portfolio's stock is overvalued or undervalued compared to its peers.
- Examining Banking Portfolio'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 Banking Portfolio's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Banking Portfolio's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Banking Portfolio's mutual fund. These opinions can provide insight into Banking Portfolio's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Banking Mutual Fund
Banking Portfolio financial ratios help investors to determine whether Banking 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 Banking with respect to the benefits of owning Banking Portfolio security.
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