Ab Select Longshort Fund Manager Performance Evaluation
| ASLAX Fund | USD 14.59 0.07 0.48% |
The fund owns a Beta (Systematic Risk) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ab Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ab Select is expected to be smaller as well.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Ab Select Longshort has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Ab Select is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 31st of October 2022 | |
| Expense Ratio | 1.9600 |
ASLAX |
Ab Select Relative Risk vs. Return Landscape
If you would invest 1,487 in Ab Select Longshort on September 14, 2024 and sell it today you would lose (28.00) from holding Ab Select Longshort or give up 1.88% of portfolio value over 90 days. Ab Select Longshort is currently producing negative expected returns and takes up 0.9797% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than ASLAX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ab Select Current Valuation
Fairly Valued
Today
Please note that Ab Select's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Ab Select Longshort owns a latest Real Value of $14.74 per share. The recent price of the fund is $14.59. We determine the value of Ab Select Longshort from examining 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 future date, mutual fund prices and their ongoing real values will grow together.
Since Ab Select is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ASLAX Mutual Fund. However, Ab Select'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 14.59 | Real 14.74 | Hype 14.59 |
The intrinsic value of Ab Select'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 Ab Select'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 Ab Select Longshort helps investors to forecast how ASLAX 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 Ab Select more accurately as focusing exclusively on Ab Select's fundamentals will not take into account other important factors: Ab Select Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Select's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ab Select Longshort, and traders can use it to determine the average amount a Ab Select'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 = -0.0258
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ASLAX |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ab Select 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 Ab Select by adding Ab Select to a well-diversified portfolio.
Ab Select Fundamentals Growth
ASLAX Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ab Select, and Ab Select 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 ASLAX Mutual Fund performance.
| Price To Earning | 18.60 X | ||||
| Price To Book | 2.88 X | ||||
| Price To Sales | 2.01 X | ||||
| Total Asset | 110.21 M | ||||
About Ab Select Performance
Evaluating Ab Select's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ab Select 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 Ab Select 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 its net assets in equity securities of U.S. companies, short positions in such securities, and cash and U.S. cash equivalents. Its investments will be focused on securities of companies with large and medium market capitalizations, but it may also take long and short positions in securities of small-capitalization companies. The fund may invest in non-U.S. companies, but currently intends to limit its investments in such companies to no more than 10 percent of its net assets.Things to note about Ab Select Longshort performance evaluation
Checking the ongoing alerts about Ab Select for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ab Select Longshort help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ab Select Longshort generated a negative expected return over the last 90 days | |
| The fund holds about 51.67% of its assets under management (AUM) in cash |
- Analyzing Ab Select'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 Ab Select's stock is overvalued or undervalued compared to its peers.
- Examining Ab Select'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 Ab Select's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ab Select's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ab Select's mutual fund. These opinions can provide insight into Ab Select's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in ASLAX Mutual Fund
Ab Select financial ratios help investors to determine whether ASLAX 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 ASLAX with respect to the benefits of owning Ab Select security.
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