Westwood Alternative Income Fund Manager Performance Evaluation
| WMNAX Fund | USD 9.71 0.00 0.00% |
The entity maintains a market beta of 0.0097, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Westwood Alternative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Westwood Alternative is expected to be smaller as well.
Risk-Adjusted Performance
28 of 100
Weak | Strong |
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Westwood Alternative Income are ranked lower than 28 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Westwood Alternative is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Westwood Alternative Relative Risk vs. Return Landscape
If you would invest 953.00 in Westwood Alternative Income on September 4, 2024 and sell it today you would earn a total of 18.00 from holding Westwood Alternative Income or generate 1.89% return on investment over 90 days. Westwood Alternative Income is currently producing 0.0297% returns and takes up 0.0822% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Westwood, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Westwood Alternative Current Valuation
Overvalued
Today
Please note that Westwood Alternative's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Westwood Alternative maintains a prevalent Real Value of $8.91 per share. The last-minute price of the fund is $9.71. We determine the value of Westwood Alternative 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 Westwood Alternative is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Westwood Mutual Fund. However, Westwood Alternative'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 9.71 | Real 8.91 | Hype 9.71 | Naive 9.72 |
The intrinsic value of Westwood Alternative'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 Westwood Alternative'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 Westwood Alternative Income helps investors to forecast how Westwood 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 Westwood Alternative more accurately as focusing exclusively on Westwood Alternative's fundamentals will not take into account other important factors: Westwood Alternative Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westwood Alternative's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Westwood Alternative Income, and traders can use it to determine the average amount a Westwood Alternative'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 = 0.3616
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| WMNAX |
Based on monthly moving average Westwood Alternative is performing at about 28% 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 Westwood Alternative by adding it to a well-diversified portfolio.
Westwood Alternative Fundamentals Growth
Westwood Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Westwood Alternative, and Westwood Alternative 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 Westwood Mutual Fund performance.
| Total Asset | 150.16 M | ||||
About Westwood Alternative Performance
Evaluating Westwood Alternative's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Westwood Alternative 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 Westwood Alternative 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 employs an absolute return strategy, which means that it seeks to earn a positive total return through a combination of current income and capital appreciation in all market conditions, by maintaining a portfolio that is designed to have low volatility and low correlations with equity and fixed income markets over a full market cycle. The fund invests primarily in income producing convertible securities.Things to note about Westwood Alternative performance evaluation
Checking the ongoing alerts about Westwood Alternative for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Westwood Alternative help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund keeps about 13.13% of its net assets in cash |
- Analyzing Westwood Alternative'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 Westwood Alternative's stock is overvalued or undervalued compared to its peers.
- Examining Westwood Alternative'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 Westwood Alternative's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Westwood Alternative's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Westwood Alternative's mutual fund. These opinions can provide insight into Westwood Alternative's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Westwood Mutual Fund
Westwood Alternative financial ratios help investors to determine whether Westwood 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 Westwood with respect to the benefits of owning Westwood Alternative security.
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