Edgepoint Canadian Portfolio Fund Manager Performance Evaluation
| EDG708 Fund | 58.75 0.28 0.47% |
The fund shows a Beta (market volatility) of 0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, Edgepoint Canadian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Edgepoint Canadian is expected to be smaller as well.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Edgepoint Canadian Portfolio are ranked lower than 23 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat weak technical and fundamental indicators, Edgepoint Canadian may actually be approaching a critical reversion point that can send shares even higher in January 2025.
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Edgepoint Canadian Relative Risk vs. Return Landscape
If you would invest 5,323 in Edgepoint Canadian Portfolio on September 12, 2024 and sell it today you would earn a total of 552.00 from holding Edgepoint Canadian Portfolio or generate 10.37% return on investment over 90 days. Edgepoint Canadian Portfolio is generating 0.1582% of daily returns and assumes 0.5384% volatility on return distribution over the 90 days horizon. Simply put, 4% of funds are less volatile than Edgepoint, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Edgepoint Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edgepoint Canadian's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Edgepoint Canadian Portfolio, and traders can use it to determine the average amount a Edgepoint Canadian'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 = 0.2937
| Best Portfolio | Best Equity | |||
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| Small Returns | EDG708 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 23 77% of assets perform better |
Based on monthly moving average Edgepoint Canadian is performing at about 23% 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 Edgepoint Canadian by adding it to a well-diversified portfolio.
About Edgepoint Canadian Performance
By analyzing Edgepoint Canadian's fundamental ratios, stakeholders can gain valuable insights into Edgepoint Canadian's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Edgepoint Canadian 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 Edgepoint Canadian has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Edgepoint Canadian is entity of Canada. It is traded as Fund on TO exchange.Things to note about Edgepoint Canadian performance evaluation
Checking the ongoing alerts about Edgepoint Canadian for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Edgepoint Canadian help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Edgepoint Canadian's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Edgepoint Canadian's fund performance include:- Analyzing Edgepoint Canadian'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 Edgepoint Canadian's stock is overvalued or undervalued compared to its peers.
- Examining Edgepoint Canadian'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 Edgepoint Canadian's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Edgepoint Canadian's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Edgepoint Canadian's fund. These opinions can provide insight into Edgepoint Canadian's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Edgepoint Fund
Edgepoint Canadian financial ratios help investors to determine whether Edgepoint 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 Edgepoint with respect to the benefits of owning Edgepoint Canadian security.
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