Hood River New Fund Manager Performance Evaluation
| HRNRX Fund | 14.20 0.12 0.85% |
The fund retains a Market Volatility (i.e., Beta) of 1.3, which attests to 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, Hood River will likely underperform.
Risk-Adjusted Performance
27 of 100
Weak | Strong |
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Hood River New are ranked lower than 27 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Hood River showed solid returns over the last few months and may actually be approaching a breakup point.
...moreHood |
Hood River Relative Risk vs. Return Landscape
If you would invest 1,092 in Hood River New on September 3, 2024 and sell it today you would earn a total of 328.00 from holding Hood River New or generate 30.04% return on investment over 90 days. Hood River New is currently producing 0.4182% returns and takes up 1.2004% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Hood, and 92% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hood River Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hood River's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Hood River New, and traders can use it to determine the average amount a Hood River'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 = 0.3484
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | HRNRX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average Hood River is performing at about 27% 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 Hood River by adding it to a well-diversified portfolio.
Things to note about Hood River New performance evaluation
Checking the ongoing alerts about Hood River for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hood River New help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Hood River's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Hood River's mutual fund performance include:- Analyzing Hood River'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 Hood River's stock is overvalued or undervalued compared to its peers.
- Examining Hood River'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 Hood River's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hood River's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Hood River's mutual fund. These opinions can provide insight into Hood River's potential for growth and whether the stock is currently undervalued or overvalued.
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