Ohio Variable College Fund Manager Performance Evaluation
| BZCCX Fund | USD 14.59 0.03 0.21% |
The fund holds a Beta of 0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ohio Variable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ohio Variable is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Ohio Variable College has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental indicators, Ohio Variable is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Ohio Variable Relative Risk vs. Return Landscape
If you would invest 1,484 in Ohio Variable College on September 23, 2024 and sell it today you would lose (25.00) from holding Ohio Variable College or give up 1.68% of portfolio value over 90 days. Ohio Variable College is currently producing negative expected returns and takes up 0.3729% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Ohio, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ohio Variable Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ohio Variable's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Ohio Variable College, and traders can use it to determine the average amount a Ohio Variable'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 = -0.0683
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BZCCX |
Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ohio Variable is not performing at its full potential. However, 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 Ohio Variable by adding Ohio Variable to a well-diversified portfolio.
About Ohio Variable Performance
Evaluating Ohio Variable's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ohio Variable 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 Ohio Variable 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.
Ohio Variable is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Ohio Variable College performance evaluation
Checking the ongoing alerts about Ohio Variable for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Ohio Variable College help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ohio Variable generated a negative expected return over the last 90 days |
- Analyzing Ohio Variable'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 Ohio Variable's stock is overvalued or undervalued compared to its peers.
- Examining Ohio Variable'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 Ohio Variable's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ohio Variable's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Ohio Variable's mutual fund. These opinions can provide insight into Ohio Variable's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Ohio Mutual Fund
Ohio Variable financial ratios help investors to determine whether Ohio 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 Ohio with respect to the benefits of owning Ohio Variable security.
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