Evexx Fund Manager Performance Evaluation
| EVEXX Fund | 1.00 3.26 76.53% |
The fund shows a Beta (market volatility) of -1.05, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Evexx are expected to decrease slowly. On the other hand, during market turmoil, Evexx is expected to outperform it slightly.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Evexx are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Evexx showed solid returns over the last few months and may actually be approaching a breakup point.
...moreEvexx |
Evexx Relative Risk vs. Return Landscape
If you would invest 477.00 in Evexx on October 10, 2024 and sell it today you would lose (377.00) from holding Evexx or give up 79.04% of portfolio value over 90 days. Evexx is currently producing 2.9493% returns and takes up 46.6017% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Evexx, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Evexx Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evexx's investment risk. Standard deviation is the most common way to measure market volatility of money market funds, such as Evexx, and traders can use it to determine the average amount a Evexx'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 = 0.0633
| Best Portfolio | Best Equity | |||
| Good Returns | EVEXX | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 46.6 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.95 actual daily | 58 58% of assets have lower returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Evexx is performing at about 4% 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 Evexx by adding it to a well-diversified portfolio.
Evexx Fundamentals Growth
Evexx Money Market Fund prices reflect investors' perceptions of the future prospects and financial health of Evexx, and Evexx 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 Evexx Money Market Fund performance.
About Evexx Performance
Evaluating Evexx's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Evexx 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 Evexx 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.
Evexx is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Evexx performance evaluation
Checking the ongoing alerts about Evexx for important developments is a great way to find new opportunities for your next move. Money Market Fund alerts and notifications screener for Evexx help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Evexx is way too risky over 90 days horizon | |
| Evexx has some characteristics of a very speculative penny stock | |
| Evexx appears to be risky and price may revert if volatility continues | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
- Analyzing Evexx'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 Evexx's stock is overvalued or undervalued compared to its peers.
- Examining Evexx'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 Evexx's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Evexx's management team can help you assess the Money Market Fund's leadership.
- Pay attention to analyst opinions and ratings of Evexx's money market fund. These opinions can provide insight into Evexx's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Evexx Money Market Fund
Evexx financial ratios help investors to determine whether Evexx 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 Evexx with respect to the benefits of owning Evexx security.
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