Westcore Flexible Income Fund Manager Performance Evaluation
| WILTX Fund | USD 8.67 0.01 0.12% |
The entity maintains a market beta of 0.0214, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Westcore Flexible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Westcore Flexible is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Westcore Flexible Income are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Westcore Flexible is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 0.7000 |
Westcore |
Westcore Flexible Relative Risk vs. Return Landscape
If you would invest 858.00 in Westcore Flexible Income on September 12, 2024 and sell it today you would earn a total of 9.00 from holding Westcore Flexible Income or generate 1.05% return on investment over 90 days. Westcore Flexible Income is currently producing 0.0167% returns and takes up 0.1426% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Westcore, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Westcore Flexible Current Valuation
Overvalued
Today
Please note that Westcore Flexible's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Westcore Flexible Income maintains a prevalent Real Value of $7.97 per share. The last-minute price of the fund is $8.67. We determine the value of Westcore Flexible Income from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will grow together.
Since Westcore Flexible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Westcore Mutual Fund. However, Westcore Flexible'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 8.67 | Real 7.97 | Hype 8.67 | Naive 8.7 |
The intrinsic value of Westcore Flexible'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 Westcore Flexible'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 Westcore Flexible Income helps investors to forecast how Westcore 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 Westcore Flexible more accurately as focusing exclusively on Westcore Flexible's fundamentals will not take into account other important factors: Westcore Flexible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westcore Flexible's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Westcore Flexible Income, and traders can use it to determine the average amount a Westcore Flexible'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 = 0.1169
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WILTX |
Estimated Market Risk
| 0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Westcore Flexible is performing at about 9% 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 Westcore Flexible by adding it to a well-diversified portfolio.
Westcore Flexible Fundamentals Growth
Westcore Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Westcore Flexible, and Westcore Flexible 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 Westcore Mutual Fund performance.
| Price To Book | 0.41 X | |||
| Price To Sales | 0.13 X | |||
| Total Asset | 40.88 M | |||
About Westcore Flexible Performance
Evaluating Westcore Flexible's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Westcore Flexible 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 Westcore Flexible 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.
Under normal circumstances, the fund will invest at least eighty percent of the value of its net assets plus any borrowings for investment purposes in high yield securities. It may invest up to twenty-five percent in non-U.S. dollar-denominated securities.Things to note about Westcore Flexible Income performance evaluation
Checking the ongoing alerts about Westcore Flexible for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Westcore Flexible Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund keeps about 93.42% of its net assets in bonds |
- Analyzing Westcore Flexible'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 Westcore Flexible's stock is overvalued or undervalued compared to its peers.
- Examining Westcore Flexible'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 Westcore Flexible's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Westcore Flexible's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Westcore Flexible's mutual fund. These opinions can provide insight into Westcore Flexible's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Westcore Mutual Fund
Westcore Flexible financial ratios help investors to determine whether Westcore 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 Westcore with respect to the benefits of owning Westcore Flexible security.
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