Aqr Diversified Arbitrage Fund Manager Performance Evaluation
ADAIX Fund | USD 11.97 0.01 0.08% |
The fund shows a Beta (market volatility) of 0.0467, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aqr Diversified's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aqr Diversified is expected to be smaller as well.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Aqr Diversified Arbitrage are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Aqr Diversified is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreExpense Ratio Date | 1st of May 2023 | |
Expense Ratio | 1.5300 |
Aqr |
Aqr Diversified Relative Risk vs. Return Landscape
If you would invest 1,190 in Aqr Diversified Arbitrage on February 22, 2024 and sell it today you would earn a total of 7.00 from holding Aqr Diversified Arbitrage or generate 0.59% return on investment over 90 days. Aqr Diversified Arbitrage is currently producing 0.0092% returns and takes up 0.0871% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Aqr, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Aqr Diversified Current Valuation
Overvalued
Today
Please note that Aqr Diversified's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Aqr Diversified Arbitrage shows a prevailing Real Value of $11.01 per share. The current price of the fund is $11.97. We determine the value of Aqr Diversified Arbitrage from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Our valuation method for Aqr Diversified Arbitrage is useful when determining the fair value of the Aqr mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Aqr Diversified. Since Aqr Diversified is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Aqr Mutual Fund. However, Aqr Diversified'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 11.97 | Real 11.01 | Hype 11.97 | Naive 11.96 |
The real value of Aqr Mutual Fund, also known as its intrinsic value, is the underlying worth of Aqr Diversified Arbitrage Mutual Fund, which is reflected in its stock price. It is based on Aqr Diversified's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Aqr Diversified'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 Aqr Diversified'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 Aqr Diversified Arbitrage helps investors to forecast how Aqr 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 Aqr Diversified more accurately as focusing exclusively on Aqr Diversified's fundamentals will not take into account other important factors: Aqr Diversified Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aqr Diversified's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Aqr Diversified Arbitrage, and traders can use it to determine the average amount a Aqr Diversified'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 = 0.1056
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
ADAIX |
Based on monthly moving average Aqr Diversified is performing at about 8% 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 Aqr Diversified by adding it to a well-diversified portfolio.
Aqr Diversified Fundamentals Growth
Aqr Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Aqr Diversified, and Aqr Diversified 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 Aqr Mutual Fund performance.
Price To Earning | 20.89 X | |||
Price To Book | 2.05 X | |||
Price To Sales | 1.20 X | |||
Total Asset | 1.18 B | |||
About Aqr Diversified Performance
To evaluate Aqr Diversified Arbitrage Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Aqr Diversified generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Aqr Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Aqr Diversified Arbitrage market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Aqr's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund seeks to outperform, after expenses, the ICE BofAML US 3-Month Treasury Bill Index while seeking to control its tracking risk relative to this benchmark. Aqr Diversified is traded on NASDAQ Exchange in the United States.Things to note about Aqr Diversified Arbitrage performance evaluation
Checking the ongoing alerts about Aqr Diversified for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Aqr Diversified Arbitrage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.The fund holds about 7.32% of its assets under management (AUM) in cash |
- Analyzing Aqr Diversified'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 Aqr Diversified's stock is overvalued or undervalued compared to its peers.
- Examining Aqr Diversified'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 Aqr Diversified's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aqr Diversified's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Aqr Diversified's mutual fund. These opinions can provide insight into Aqr Diversified's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aqr Diversified Arbitrage. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.