Cajxx Fund Manager Performance Evaluation
| CAJXX Fund | 1.00 3.40 77.27% |
The fund shows a Beta (market volatility) of -5.97, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cajxx are expected to decrease by larger amounts. On the other hand, during market turmoil, Cajxx is expected to outperform it.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Cajxx are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Cajxx showed solid returns over the last few months and may actually be approaching a breakup point.
...moreCajxx |
Cajxx Relative Risk vs. Return Landscape
If you would invest 492.00 in Cajxx on September 29, 2024 and sell it today you would lose (392.00) from holding Cajxx or give up 79.67% of portfolio value over 90 days. Cajxx is currently producing 7.435% returns and takes up 65.6324% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Cajxx, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Cajxx Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cajxx's investment risk. Standard deviation is the most common way to measure market volatility of money market funds, such as Cajxx, and traders can use it to determine the average amount a Cajxx'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 = 0.1133
| Best Portfolio | Best Equity | CAJXX | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 65.63 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Cajxx is performing at about 8% 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 Cajxx by adding it to a well-diversified portfolio.
Cajxx Fundamentals Growth
Cajxx Money Market Fund prices reflect investors' perceptions of the future prospects and financial health of Cajxx, and Cajxx 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 Cajxx Money Market Fund performance.
About Cajxx Performance
Evaluating Cajxx's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Cajxx 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 Cajxx 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.
Cajxx is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Cajxx performance evaluation
Checking the ongoing alerts about Cajxx for important developments is a great way to find new opportunities for your next move. Money Market Fund alerts and notifications screener for Cajxx help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cajxx is way too risky over 90 days horizon | |
| Cajxx has some characteristics of a very speculative penny stock | |
| Cajxx appears to be risky and price may revert if volatility continues | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
- Analyzing Cajxx'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 Cajxx's stock is overvalued or undervalued compared to its peers.
- Examining Cajxx'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 Cajxx's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cajxx's management team can help you assess the Money Market Fund's leadership.
- Pay attention to analyst opinions and ratings of Cajxx's money market fund. These opinions can provide insight into Cajxx's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Cajxx Money Market Fund
Cajxx financial ratios help investors to determine whether Cajxx Money Market 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 Cajxx with respect to the benefits of owning Cajxx security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |