Royce Dividend Value Fund Manager Performance Evaluation
| RYDVX Fund | USD 7.84 0.03 0.38% |
The fund holds a Beta of 1.26, 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 Dividend will likely underperform.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Royce Dividend Value are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Royce Dividend may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio Date | 1st of May 2023 | |
| Expense Ratio | 1.3400 |
Royce |
Royce Dividend Relative Risk vs. Return Landscape
If you would invest 698.00 in Royce Dividend Value on September 2, 2024 and sell it today you would earn a total of 86.00 from holding Royce Dividend Value or generate 12.32% return on investment over 90 days. Royce Dividend Value is currently producing 0.1865% returns and takes up 0.992% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Royce, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Royce Dividend Current Valuation
Fairly Valued
Today
Please note that Royce Dividend's price fluctuation is not too volatile at this time. At this time, the fund appears to be fairly valued. Royce Dividend Value holds a recent Real Value of $7.72 per share. The prevailing price of the fund is $7.84. We determine the value of Royce Dividend Value 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 Dividend is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Royce Mutual Fund. However, Royce Dividend'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 7.84 | Real 7.72 | Hype 7.84 |
The intrinsic value of Royce Dividend'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 Dividend'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 Dividend 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 Dividend more accurately as focusing exclusively on Royce Dividend's fundamentals will not take into account other important factors: Royce Dividend Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Royce Dividend's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Royce Dividend Value, and traders can use it to determine the average amount a Royce Dividend'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 = 0.188
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RYDVX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Royce Dividend is performing at about 14% 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 Dividend by adding it to a well-diversified portfolio.
Royce Dividend Fundamentals Growth
Royce Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Royce Dividend, and Royce Dividend 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 | 16.89 X | ||||
| Price To Book | 2.30 X | ||||
| Price To Sales | 1.19 X | ||||
| Total Asset | 17.17 M | ||||
About Royce Dividend Performance
Evaluating Royce Dividend's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Royce Dividend 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 Dividend 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.
Royce Associates, LP , the funds investment adviser, invests the funds assets primarily in dividend-paying equity securities of companies with stock market capitalizations up to 15 billion that the advisor believes are trading below its estimate of their current worth. Normally, the fund invests at least 80 percent of its net assets in equity securities that produce dividend income to the fund, and at least 65 percent will be issued by companies with stock market capitalizations up to 15 billion at the time of investment.Things to note about Royce Dividend Value performance evaluation
Checking the ongoing alerts about Royce Dividend for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Royce Dividend Value help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Royce Dividend's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Royce Dividend's mutual fund performance include:- Analyzing Royce Dividend'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 Dividend's stock is overvalued or undervalued compared to its peers.
- Examining Royce Dividend'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 Dividend's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Royce Dividend's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Royce Dividend's mutual fund. These opinions can provide insight into Royce Dividend's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Royce Mutual Fund
Royce Dividend 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 Dividend security.
| Stocks Directory Find actively traded stocks across global markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |