Towpath Technology Fund Manager Performance Evaluation
| TOWTX Fund | USD 13.25 0.04 0.30% |
The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. Towpath Technology returns are very sensitive to returns on the market. As the market goes up or down, Towpath Technology is expected to follow.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Towpath Technology are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Towpath Technology is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreTowpath |
Towpath Technology Relative Risk vs. Return Landscape
If you would invest 1,298 in Towpath Technology on February 20, 2024 and sell it today you would earn a total of 27.00 from holding Towpath Technology or generate 2.08% return on investment over 90 days. Towpath Technology is currently producing 0.0343% returns and takes up 0.6528% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Towpath, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Towpath Technology Current Valuation
Overvalued
Today
Please note that Towpath Technology's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Towpath Technology has a current Real Value of $12.15 per share. The regular price of the fund is $13.25. We determine the value of Towpath Technology from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Our valuation method for Towpath Technology is useful when determining the fair value of the Towpath mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Towpath Technology. Since Towpath Technology is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Towpath Mutual Fund. However, Towpath Technology'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 13.25 | Real 12.15 | Hype 13.25 | Naive 13.33 |
The real value of Towpath Mutual Fund, also known as its intrinsic value, is the underlying worth of Towpath Technology Mutual Fund, which is reflected in its stock price. It is based on Towpath Technology's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Towpath Technology'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 Towpath Technology'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 Towpath Technology helps investors to forecast how Towpath 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 Towpath Technology more accurately as focusing exclusively on Towpath Technology's fundamentals will not take into account other important factors: Towpath Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Towpath Technology's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Towpath Technology, and traders can use it to determine the average amount a Towpath Technology'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 = 0.0525
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| Negative Returns | TOWTX |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Towpath Technology is performing at about 4% 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 Towpath Technology by adding it to a well-diversified portfolio.
Towpath Technology Fundamentals Growth
Towpath Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Towpath Technology, and Towpath Technology 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 Towpath Mutual Fund performance.
| Total Asset | 3.28 M | |||
About Towpath Technology Performance
To evaluate Towpath Technology 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 Towpath Technology 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 Towpath 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 Towpath Technology market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Towpath'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 adviser seeks to achieve the funds investment objective by investing primarily in U.S. equity securities but may also hold shares of foreign companies either directly or through ADRs. Companies in which the fund invests may be of any capitalization size. The fund will invest at least 80 percent of its assets in common stocks of technology-related companies. It may meet this objective by directly investing in equity securities, or by investing in other investment companies, including ETFs, that invest primarily in equity securities. The fund is non-diversified.Things to note about Towpath Technology performance evaluation
Checking the ongoing alerts about Towpath Technology for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Towpath Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 19.67% of its assets in cash |
- Analyzing Towpath Technology'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 Towpath Technology's stock is overvalued or undervalued compared to its peers.
- Examining Towpath Technology'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 Towpath Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Towpath Technology's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Towpath Technology's mutual fund. These opinions can provide insight into Towpath Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Towpath Technology. 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 estimate. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.