Wmcanx Fund Manager Performance Evaluation
| WMCANX Fund | 19.07 0.08 0.42% |
The entity maintains a market beta of 0.63, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wmcanx's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wmcanx is expected to be smaller as well.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Wmcanx are ranked lower than 15 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Wmcanx is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreWmcanx |
Wmcanx Relative Risk vs. Return Landscape
If you would invest 1,802 in Wmcanx on June 30, 2025 and sell it today you would earn a total of 105.00 from holding Wmcanx or generate 5.83% return on investment over 90 days. Wmcanx is generating 0.0896% of daily returns assuming 0.4647% volatility of returns over the 90 days investment horizon. Simply put, 4% of all funds have less volatile historical return distribution than Wmcanx, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Wmcanx Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wmcanx's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Wmcanx, and traders can use it to determine the average amount a Wmcanx'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 = 0.1928
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | WMCANX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.46 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Wmcanx is performing at about 15% 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 Wmcanx by adding it to a well-diversified portfolio.
About Wmcanx Performance
Evaluating Wmcanx's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Wmcanx 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 Wmcanx 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.
Wmcanx is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Wmcanx performance evaluation
Checking the ongoing alerts about Wmcanx for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Wmcanx help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Wmcanx's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Wmcanx's fund performance include:- Analyzing Wmcanx'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 Wmcanx's stock is overvalued or undervalued compared to its peers.
- Examining Wmcanx'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 Wmcanx's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wmcanx's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Wmcanx's fund. These opinions can provide insight into Wmcanx's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Wmcanx Fund
Wmcanx financial ratios help investors to determine whether Wmcanx 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 Wmcanx with respect to the benefits of owning Wmcanx security.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |