Stet California Municipal Fund Manager Performance Evaluation
| SBDAX Fund | USD 10.21 0.03 0.29% |
The entity has a beta of -0.054, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Stet California are expected to decrease at a much lower rate. During the bear market, Stet California is likely to outperform the market.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Stet California Municipal has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Stet California 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 | 31st of December 2022 | |
| Expense Ratio | 0.6000 |
Stet |
Stet California Relative Risk vs. Return Landscape
If you would invest 1,028 in Stet California Municipal on September 17, 2024 and sell it today you would lose (7.00) from holding Stet California Municipal or give up 0.68% of portfolio value over 90 days. Stet California Municipal is currently producing negative expected returns and takes up 0.2038% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Stet, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Stet California Current Valuation
Overvalued
Today
Please note that Stet California's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Stet California Municipal has a current Real Value of $9.85 per share. The regular price of the fund is $10.21. We determine the value of Stet California Municipal 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.
Since Stet California is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Stet Mutual Fund. However, Stet California'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 10.21 | Real 9.85 | Hype 10.21 |
The intrinsic value of Stet California'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 Stet California'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 Stet California Municipal helps investors to forecast how Stet 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 Stet California more accurately as focusing exclusively on Stet California's fundamentals will not take into account other important factors: Stet California Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stet California's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Stet California Municipal, and traders can use it to determine the average amount a Stet California'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 = -0.0514
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SBDAX |
Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Stet California 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 Stet California by adding Stet California to a well-diversified portfolio.
Stet California Fundamentals Growth
Stet Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Stet California, and Stet California 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 Stet Mutual Fund performance.
| Total Asset | 236.63 M | ||||
About Stet California Performance
Evaluating Stet California's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Stet California 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 Stet California 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.
The fund will invest, under normal circumstances, at least 80 percent of its net assets in investment grade municipal securities that pay interest that is exempt from federal and California state income taxes, including, but not limited to, municipal bonds, notes and commercial paper. It is non-diversified.Things to note about Stet California Municipal performance evaluation
Checking the ongoing alerts about Stet California for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Stet California Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Stet California generated a negative expected return over the last 90 days | |
| The fund generated three year return of 0.0% | |
| Stet California Municipal maintains about 99.34% of its assets in bonds |
- Analyzing Stet California'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 Stet California's stock is overvalued or undervalued compared to its peers.
- Examining Stet California'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 Stet California's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Stet California's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Stet California's mutual fund. These opinions can provide insight into Stet California's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Stet Mutual Fund
Stet California financial ratios help investors to determine whether Stet 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 Stet with respect to the benefits of owning Stet California security.
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