Ancora Microcap Fund Manager Performance Evaluation
| ANCIX Fund | USD 17.87 0.09 0.51% |
The fund shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. Ancora Microcap returns are very sensitive to returns on the market. As the market goes up or down, Ancora Microcap is expected to follow.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Ancora Microcap Fund are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Ancora Microcap may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio Date | 30th of April 2023 | |
| Expense Ratio | 2.1400 |
Ancora |
Ancora Microcap Relative Risk vs. Return Landscape
If you would invest 1,646 in Ancora Microcap Fund on August 31, 2024 and sell it today you would earn a total of 141.00 from holding Ancora Microcap Fund or generate 8.57% return on investment over 90 days. Ancora Microcap Fund is currently producing 0.1353% returns and takes up 0.9892% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Ancora, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ancora Microcap Current Valuation
Fairly Valued
Today
Please note that Ancora Microcap's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Ancora Microcap shows a prevailing Real Value of $17.55 per share. The current price of the fund is $17.87. We determine the value of Ancora Microcap 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 Ancora Microcap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ancora Mutual Fund. However, Ancora Microcap'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 17.87 | Real 17.55 | Hype 17.78 |
The intrinsic value of Ancora Microcap'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 Ancora Microcap'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 Ancora Microcap Fund helps investors to forecast how Ancora 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 Ancora Microcap more accurately as focusing exclusively on Ancora Microcap's fundamentals will not take into account other important factors: Ancora Microcap Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ancora Microcap's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ancora Microcap Fund, and traders can use it to determine the average amount a Ancora Microcap'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 = 0.1368
| Best Portfolio | Best Equity | |||
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| Cash | ANCIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Ancora Microcap is performing at about 10% 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 Ancora Microcap by adding it to a well-diversified portfolio.
Ancora Microcap Fundamentals Growth
Ancora Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ancora Microcap, and Ancora Microcap 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 Ancora Mutual Fund performance.
| Price To Earning | 18.79 X | |||
| Price To Book | 1.19 X | |||
| Price To Sales | 0.53 X | |||
About Ancora Microcap Performance
Evaluating Ancora Microcap's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ancora Microcap 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 Ancora Microcap 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 invests at least 80 percent of the assets in equity securities of companies whose equity securities have a total market value of under 700,000,000. Equity securities consist of common stock, preferred stock and securities convertible into common or preferred stock. It emphasizes a value style of investing. In deciding which securities to buy and which to sell, the Advisor will give primary consideration to fundamental factors.Things to note about Ancora Microcap performance evaluation
Checking the ongoing alerts about Ancora Microcap for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ancora Microcap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund holds about 7.25% of its assets under management (AUM) in cash |
- Analyzing Ancora Microcap'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 Ancora Microcap's stock is overvalued or undervalued compared to its peers.
- Examining Ancora Microcap'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 Ancora Microcap's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ancora Microcap's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ancora Microcap's mutual fund. These opinions can provide insight into Ancora Microcap's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ancora Mutual Fund
Ancora Microcap financial ratios help investors to determine whether Ancora 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 Ancora with respect to the benefits of owning Ancora Microcap security.
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