ASA RETROFITS (Brazil) Manager Performance Evaluation
| ASRF11 Fund | 10,942 0.00 0.00% |
The fund owns a Beta (Systematic Risk) of 0.91, which signifies possible diversification benefits within a given portfolio. ASA RETROFITS returns are very sensitive to returns on the market. As the market goes up or down, ASA RETROFITS is expected to follow.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in ASA RETROFITS I are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong basic indicators, ASA RETROFITS is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreASA |
ASA RETROFITS Relative Risk vs. Return Landscape
If you would invest 1,088,200 in ASA RETROFITS I on October 10, 2024 and sell it today you would earn a total of 6,000 from holding ASA RETROFITS I or generate 0.55% return on investment over 90 days. ASA RETROFITS I is generating 0.0227% of daily returns and assumes 1.6458% volatility on return distribution over the 90 days horizon. Simply put, 14% of funds are less volatile than ASA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ASA RETROFITS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASA RETROFITS's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as ASA RETROFITS I, and traders can use it to determine the average amount a ASA RETROFITS'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 = 0.0138
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| Negative Returns | ASRF11 |
Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average ASA RETROFITS is performing at about 1% 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 ASA RETROFITS by adding it to a well-diversified portfolio.
Things to note about ASA RETROFITS I performance evaluation
Checking the ongoing alerts about ASA RETROFITS for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for ASA RETROFITS I help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating ASA RETROFITS's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate ASA RETROFITS's fund performance include:- Analyzing ASA RETROFITS'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 ASA RETROFITS's stock is overvalued or undervalued compared to its peers.
- Examining ASA RETROFITS'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 ASA RETROFITS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ASA RETROFITS's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of ASA RETROFITS's fund. These opinions can provide insight into ASA RETROFITS's potential for growth and whether the stock is currently undervalued or overvalued.
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