Ab Discovery Growth Fund Manager Performance Evaluation
| CHCIX Fund | USD 14.12 0.13 0.91% |
The fund owns a Beta (Systematic Risk) of 1.25, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ab Discovery will likely underperform.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Ab Discovery Growth are ranked lower than 18 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Ab Discovery showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 0.7600 |
CHCIX |
Ab Discovery Relative Risk vs. Return Landscape
If you would invest 1,210 in Ab Discovery Growth on August 31, 2024 and sell it today you would earn a total of 202.00 from holding Ab Discovery Growth or generate 16.69% return on investment over 90 days. Ab Discovery Growth is currently producing 0.2509% returns and takes up 1.0638% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than CHCIX, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ab Discovery Current Valuation
Undervalued
Today
Please note that Ab Discovery's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Ab Discovery Growth owns a latest Real Value of $15.08 per share. The recent price of the fund is $14.12. We determine the value of Ab Discovery Growth 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 Discovery is currently traded on the exchange, buyers and sellers on that exchange determine the market value of CHCIX Mutual Fund. However, Ab Discovery'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 14.12 | Real 15.08 | Hype 14.12 | Naive 14.21 |
The intrinsic value of Ab Discovery'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 Discovery'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 Discovery Growth helps investors to forecast how CHCIX 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 Discovery more accurately as focusing exclusively on Ab Discovery's fundamentals will not take into account other important factors: Ab Discovery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ab Discovery's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ab Discovery Growth, and traders can use it to determine the average amount a Ab Discovery'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 = 0.2359
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CHCIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Ab Discovery is performing at about 18% 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 Ab Discovery by adding it to a well-diversified portfolio.
Ab Discovery Fundamentals Growth
CHCIX Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Ab Discovery, and Ab Discovery 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 CHCIX Mutual Fund performance.
| Price To Earning | 23.92 X | |||
| Price To Book | 3.72 X | |||
| Price To Sales | 2.05 X | |||
| Total Asset | 2.59 B | |||
About Ab Discovery Performance
Evaluating Ab Discovery's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ab Discovery 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 Discovery 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.
The fund invests primarily in a diversified portfolio of equity securities with relatively smaller capitalizations as compared to the overall U.S. market. Under normal circumstances, the fund invests at least 80 percent of its net assets in the equity securities of small- and mid-capitalization companies. For these purposes, small- and mid-capitalization companies are generally those companies that, at the time of investment, fall within the lowest 25 percent of the total U.S. equity market capitalization .Things to note about Ab Discovery Growth performance evaluation
Checking the ongoing alerts about Ab Discovery for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ab Discovery Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -2.0% | |
| Ab Discovery Growth holds 98.68% of its assets under management (AUM) in equities |
- Analyzing Ab Discovery'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 Discovery's stock is overvalued or undervalued compared to its peers.
- Examining Ab Discovery'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 Discovery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ab Discovery's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ab Discovery's mutual fund. These opinions can provide insight into Ab Discovery's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in CHCIX Mutual Fund
Ab Discovery financial ratios help investors to determine whether CHCIX 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 CHCIX with respect to the benefits of owning Ab Discovery security.
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