361 Global Longshort Fund Manager Performance Evaluation
| AGAQX Fund | USD 12.20 0.04 0.33% |
The entity owns a Beta (Systematic Risk) of -0.0705, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 361 Global are expected to decrease at a much lower rate. During the bear market, 361 Global is likely to outperform the market.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in 361 Global Longshort are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, 361 Global is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of March 2022 | |
| Expense Ratio | 2.6600 |
361 |
361 Global Relative Risk vs. Return Landscape
If you would invest 1,175 in 361 Global Longshort on January 28, 2024 and sell it today you would earn a total of 45.00 from holding 361 Global Longshort or generate 3.83% return on investment over 90 days. 361 Global Longshort is currently producing 0.0607% returns and takes up 0.4602% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than 361, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
361 Global Current Valuation
Overvalued
Today
Please note that 361 Global's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. 361 Global Longshort owns a latest Real Value of $11.73 per share. The recent price of the fund is $12.2. We determine the value of 361 Global Longshort from evaluating 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, sooner or later, mutual fund prices and their ongoing real values will grow together.
Our valuation method for 361 Global Longshort is useful when determining the fair value of the 361 mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of 361 Global. Since 361 Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 361 Mutual Fund. However, 361 Global'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 12.2 | Real 11.73 | Hype 12.2 |
The real value of 361 Mutual Fund, also known as its intrinsic value, is the underlying worth of 361 Global Longshort Mutual Fund, which is reflected in its stock price. It is based on 361 Global's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of 361 Global'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 361 Global'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 361 Global Longshort helps investors to forecast how 361 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 361 Global more accurately as focusing exclusively on 361 Global's fundamentals will not take into account other important factors: 361 Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 361 Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as 361 Global Longshort, and traders can use it to determine the average amount a 361 Global'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 = 0.1319
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | AGAQX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.46 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average 361 Global is performing at about 10% 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 361 Global by adding it to a well-diversified portfolio.
361 Global Fundamentals Growth
361 Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of 361 Global, and 361 Global 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 361 Mutual Fund performance.
| Price To Earning | 15.71 X | ||||
| Price To Book | 1.88 X | ||||
| Price To Sales | 1.20 X | ||||
| Total Asset | 6.12 M | ||||
About 361 Global Performance
To evaluate 361 Global Longshort 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 361 Global 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 361 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 361 Global Longshort market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents 361'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 sub-adviser invests at least 80 percent of the funds net assets in equity securities and in the securities of companies located in at least three different countries, including the U.S. The sub-adviser invests principally in equity securities such as common stocks, warrants and rights of U.S. and foreign issuers of any market capitalization. The sub-adviser will invests at least 40 percent of the funds net assets in issuers that maintain their principal place of business, trade their securities, or conduct a significant portion of their principal business activities outside the U.S.Things to note about 361 Global Longshort performance evaluation
Checking the ongoing alerts about 361 Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for 361 Global Longshort 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 12.6% of its assets under management (AUM) in cash |
- Analyzing 361 Global'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 361 Global's stock is overvalued or undervalued compared to its peers.
- Examining 361 Global'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 361 Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 361 Global's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of 361 Global's mutual fund. These opinions can provide insight into 361 Global'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 361 Global Longshort. 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 producer price index. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.