Weitz Ultra Short Fund Manager Performance Evaluation
| SAFEX Fund | USD 10.00 0.01 0.10% |
The entity maintains a market beta of -0.0093, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Weitz Ultra are expected to decrease at a much lower rate. During the bear market, Weitz Ultra is likely to outperform the market.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Weitz Ultra Short are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Weitz Ultra is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Weitz Ultra Short Government Fund Q3 2024 Commentary - Seeking Alpha | 11/14/2024 |
Weitz |
Weitz Ultra Relative Risk vs. Return Landscape
If you would invest 992.00 in Weitz Ultra Short on September 1, 2024 and sell it today you would earn a total of 8.00 from holding Weitz Ultra Short or generate 0.81% return on investment over 90 days. Weitz Ultra Short is currently producing 0.0126% returns and takes up 0.0749% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Weitz, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Weitz Ultra Current Valuation
Fairly Valued
Today
Please note that Weitz Ultra's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Weitz Ultra Short maintains a prevalent Real Value of $9.94 per share. The last-minute price of the fund is $10.0. We determine the value of Weitz Ultra Short from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will grow together.
Since Weitz Ultra is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Weitz Mutual Fund. However, Weitz Ultra'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 10.0 | Real 9.94 | Hype 10.0 | Naive 9.97 |
The intrinsic value of Weitz Ultra'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 Weitz Ultra'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 Weitz Ultra Short helps investors to forecast how Weitz 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 Weitz Ultra more accurately as focusing exclusively on Weitz Ultra's fundamentals will not take into account other important factors: Weitz Ultra Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Weitz Ultra's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Weitz Ultra Short, and traders can use it to determine the average amount a Weitz Ultra'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 = 0.1679
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| SAFEX |
Based on monthly moving average Weitz Ultra is performing at about 13% 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 Weitz Ultra by adding it to a well-diversified portfolio.
Weitz Ultra Fundamentals Growth
Weitz Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Weitz Ultra, and Weitz Ultra 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 Weitz Mutual Fund performance.
| Total Asset | 68.96 M | ||||
About Weitz Ultra Performance
Evaluating Weitz Ultra's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Weitz Ultra 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 Weitz Ultra 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 will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in debt obligations issued or guaranteed by the U.S. government, its agencies and instrumentalities and repurchase agreements on such securities. It may invest in securities that are unrated if the adviser determines that such securities are of investment grade quality. The fund may also invest in government money market funds or exchange traded funds which invest substantially all of their assets in U.S. government securities.Things to note about Weitz Ultra Short performance evaluation
Checking the ongoing alerts about Weitz Ultra for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Weitz Ultra Short 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: Weitz Ultra Short Government Fund Q3 2024 Commentary - Seeking Alpha | |
| The fund maintains about 44.76% of its assets in cash |
- Analyzing Weitz Ultra'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 Weitz Ultra's stock is overvalued or undervalued compared to its peers.
- Examining Weitz Ultra'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 Weitz Ultra's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Weitz Ultra's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Weitz Ultra's mutual fund. These opinions can provide insight into Weitz Ultra's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Weitz Mutual Fund
Weitz Ultra financial ratios help investors to determine whether Weitz 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 Weitz with respect to the benefits of owning Weitz Ultra security.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |