Partners Iii Opportunity Fund Manager Performance Evaluation
| WPOPX Fund | USD 14.73 0.05 0.34% |
The fund holds a Beta of 0.74, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Partners Iii's returns are expected to increase less than the market. However, during the bear market, the loss of holding Partners Iii is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Partners Iii Opportunity are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Partners Iii may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more1 | Weitz Partners III Opportunity Fund Q3 2024 Commentary - Seeking Alpha | 11/13/2024 |
| Expense Ratio Date | 24th of October 2022 | |
| Expense Ratio | 1.1900 |
Partners |
Partners Iii Relative Risk vs. Return Landscape
If you would invest 1,368 in Partners Iii Opportunity on September 3, 2024 and sell it today you would earn a total of 105.00 from holding Partners Iii Opportunity or generate 7.68% return on investment over 90 days. Partners Iii Opportunity is currently producing 0.1182% returns and takes up 0.7202% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Partners, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Partners Iii Current Valuation
Fairly Valued
Today
Please note that Partners Iii's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Partners Iii Opportunity holds a recent Real Value of $14.53 per share. The prevailing price of the fund is $14.73. We determine the value of Partners Iii Opportunity 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 Partners Iii is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Partners Mutual Fund. However, Partners Iii'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 14.73 | Real 14.53 | Hype 14.68 | Naive 14.61 |
The intrinsic value of Partners Iii'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 Partners Iii'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 Partners Iii Opportunity helps investors to forecast how Partners 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 Partners Iii more accurately as focusing exclusively on Partners Iii's fundamentals will not take into account other important factors: Partners Iii Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Partners Iii's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Partners Iii Opportunity, and traders can use it to determine the average amount a Partners Iii'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 = 0.164
| Best Portfolio | Best Equity | |||
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| Cash | WPOPX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Partners Iii is performing at about 12% 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 Partners Iii by adding it to a well-diversified portfolio.
Partners Iii Fundamentals Growth
Partners Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Partners Iii, and Partners Iii 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 Partners Mutual Fund performance.
| Price To Earning | 18.79 X | |||
| Price To Book | 1.53 X | |||
| Price To Sales | 1.85 X | |||
| Total Asset | 437.09 M | |||
About Partners Iii Performance
Evaluating Partners Iii's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Partners Iii 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 Partners Iii 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 funds investment strategy is to buy above-average to highest-quality businesses, at prices that the advisor believes are less than what the companies are worth. The fund is a multi-cap fund and may invest in securities of any market capitalization. It invests in long positions in stocks and other securities, when the managers anticipate that the value of such securities will increase. The fund also invests in short positions in stocks and other securities, including short sales of exchange traded funds, when the managers anticipate a decline in the value of such securities.Things to note about Partners Iii Opportunity performance evaluation
Checking the ongoing alerts about Partners Iii for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Partners Iii Opportunity 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 Partners III Opportunity Fund Q3 2024 Commentary - Seeking Alpha | |
| The fund keeps about 21.55% of its net assets in cash |
- Analyzing Partners Iii'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 Partners Iii's stock is overvalued or undervalued compared to its peers.
- Examining Partners Iii'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 Partners Iii's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Partners Iii's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Partners Iii's mutual fund. These opinions can provide insight into Partners Iii's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Partners Mutual Fund
Partners Iii financial ratios help investors to determine whether Partners 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 Partners with respect to the benefits of owning Partners Iii security.
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