Royce Opportunity Fund Manager Performance Evaluation
| RYPNX Fund | USD 13.86 0.36 2.67% |
The fund holds a Beta of 0.0083, which implies not very significant fluctuations relative to the market. As returns on the market increase, Royce Opportunity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Royce Opportunity is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Royce Opportunity Fund has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's basic indicators remain fairly strong which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long term up-swing for the fund investors.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 1.2300 |
Royce |
Royce Opportunity Relative Risk vs. Return Landscape
If you would invest 1,592 in Royce Opportunity Fund on December 17, 2024 and sell it today you would lose (206.00) from holding Royce Opportunity Fund or give up 12.94% of portfolio value over 90 days. Royce Opportunity Fund is currently producing negative expected returns and takes up 1.4062% volatility of returns over 90 trading days. Put another way, 12% of traded mutual funds are less volatile than Royce, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Royce Opportunity Current Valuation
Fairly Valued
Today
Please note that Royce Opportunity's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Royce Opportunity holds a recent Real Value of $14.11 per share. The prevailing price of the fund is $13.86. We determine the value of Royce Opportunity from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Royce Opportunity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Royce Mutual Fund. However, Royce Opportunity'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 13.86 | Real 14.11 | Hype 13.86 | Naive 13.75 |
The intrinsic value of Royce Opportunity'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 Royce Opportunity'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 Royce Opportunity Fund helps investors to forecast how Royce 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 Royce Opportunity more accurately as focusing exclusively on Royce Opportunity's fundamentals will not take into account other important factors: Royce Opportunity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Royce Opportunity's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Royce Opportunity Fund, and traders can use it to determine the average amount a Royce Opportunity'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 = -0.1571
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RYPNX |
Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Royce Opportunity is not performing at its full potential. However, 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 Royce Opportunity by adding Royce Opportunity to a well-diversified portfolio.
Royce Opportunity Fundamentals Growth
Royce Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Royce Opportunity, and Royce Opportunity 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 Royce Mutual Fund performance.
| Price To Earning | 4.63 X | ||||
| Price To Book | 1.31 X | ||||
| Price To Sales | 0.53 X | ||||
| Total Asset | 919.69 M | ||||
About Royce Opportunity Performance
Evaluating Royce Opportunity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Royce Opportunity 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 Royce Opportunity 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 funds investment adviser invests the funds assets primarily in equity securities of small-cap companies in an attempt to take advantage of what the adviser believes are opportunistic situations for undervalued securities. Royce Opportunity is traded on NASDAQ Exchange in the United States.Things to note about Royce Opportunity performance evaluation
Checking the ongoing alerts about Royce Opportunity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Royce Opportunity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Royce Opportunity generated a negative expected return over the last 90 days | |
| The fund maintains 95.26% of its assets in stocks |
- Analyzing Royce Opportunity'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 Royce Opportunity's stock is overvalued or undervalued compared to its peers.
- Examining Royce Opportunity'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 Royce Opportunity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Royce Opportunity's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Royce Opportunity's mutual fund. These opinions can provide insight into Royce Opportunity's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Royce Mutual Fund
Royce Opportunity financial ratios help investors to determine whether Royce 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 Royce with respect to the benefits of owning Royce Opportunity security.
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