Royce Small Cap Value Fund Manager Performance Evaluation
| RVVHX Fund | USD 11.49 0.01 0.09% |
The fund holds a Beta of 1.45, which implies 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, Royce Small-cap will likely underperform.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Royce Small Cap Value are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical indicators, Royce Small-cap may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more1 | Royce Small-Cap Value Fund Q3 2024 Commentary - Seeking Alpha | 11/06/2024 |
| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 1.2400 |
Royce |
Royce Small-cap Relative Risk vs. Return Landscape
If you would invest 1,057 in Royce Small Cap Value on September 3, 2024 and sell it today you would earn a total of 92.00 from holding Royce Small Cap Value or generate 8.7% return on investment over 90 days. Royce Small Cap Value is currently producing 0.1385% returns and takes up 1.2902% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Royce, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Royce Small-cap Current Valuation
Fairly Valued
Today
Please note that Royce Small-cap's price fluctuation is not too volatile at this time. At this time, the fund appears to be fairly valued. Royce Small Cap holds a recent Real Value of $11.35 per share. The prevailing price of the fund is $11.49. We determine the value of Royce Small Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Royce Small-cap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Royce Mutual Fund. However, Royce Small-cap'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 11.49 | Real 11.35 | Hype 11.49 | Naive 11.5 |
The intrinsic value of Royce Small-cap'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 Royce Small-cap'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 Royce Small Cap Value helps investors to forecast how Royce 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 Royce Small-cap more accurately as focusing exclusively on Royce Small-cap's fundamentals will not take into account other important factors: Royce Small-cap Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Royce Small-cap's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Royce Small Cap Value, and traders can use it to determine the average amount a Royce Small-cap'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 = 0.1074
| Best Portfolio | Best Equity | |||
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| Cash | RVVHX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Royce Small-cap 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 Royce Small-cap by adding it to a well-diversified portfolio.
Royce Small-cap Fundamentals Growth
Royce Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Royce Small-cap, and Royce Small-cap 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 Royce Mutual Fund performance.
| Price To Earning | 14.35 X | |||
| Price To Book | 1.62 X | |||
| Price To Sales | 0.72 X | |||
| Total Asset | 34.78 M | |||
About Royce Small-cap Performance
Evaluating Royce Small-cap's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Royce Small-cap 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 Royce Small-cap 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 its assets primarily in equity securities of small-cap companies that the advisor believes are trading below its estimate of their current worth. It invests at least 80 percent of its net assets in equity securities of small-cap companies, under normal circumstances.Things to note about Royce Small Cap performance evaluation
Checking the ongoing alerts about Royce Small-cap for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Royce Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Royce Small-Cap Value Fund Q3 2024 Commentary - Seeking Alpha | |
| The fund maintains 96.49% of its assets in stocks |
- Analyzing Royce Small-cap'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 Royce Small-cap's stock is overvalued or undervalued compared to its peers.
- Examining Royce Small-cap'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 Royce Small-cap's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Royce Small-cap's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Royce Small-cap's mutual fund. These opinions can provide insight into Royce Small-cap's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Royce Mutual Fund
Royce Small-cap financial ratios help investors to determine whether Royce 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 Royce with respect to the benefits of owning Royce Small-cap security.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |