Turner Emerging Growth Fund Manager Performance Evaluation
| TMCGX Fund | USD 15.71 0.19 1.19% |
The entity has a beta of 1.09, which indicates a somewhat significant risk relative to the market. Turner Emerging returns are very sensitive to returns on the market. As the market goes up or down, Turner Emerging is expected to follow.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Turner Emerging Growth are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Turner Emerging may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio | 0.9000 |
Turner |
Turner Emerging Relative Risk vs. Return Landscape
If you would invest 1,422 in Turner Emerging Growth on September 12, 2024 and sell it today you would earn a total of 149.00 from holding Turner Emerging Growth or generate 10.48% return on investment over 90 days. Turner Emerging Growth is currently producing 0.1625% returns and takes up 0.9237% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Turner, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Turner Emerging Current Valuation
Fairly Valued
Today
Please note that Turner Emerging's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Turner Emerging Growth has a current Real Value of $15.61 per share. The regular price of the fund is $15.71. We determine the value of Turner Emerging Growth 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 Turner Emerging is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Turner Mutual Fund. However, Turner Emerging'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 15.71 | Real 15.61 | Hype 15.71 | Naive 15.75 |
The intrinsic value of Turner Emerging'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 Turner Emerging'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 Turner Emerging Growth helps investors to forecast how Turner 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 Turner Emerging more accurately as focusing exclusively on Turner Emerging's fundamentals will not take into account other important factors: Turner Emerging Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Turner Emerging's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Turner Emerging Growth, and traders can use it to determine the average amount a Turner Emerging'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 = 0.1759
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | TMCGX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Turner Emerging is performing at about 13% 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 Turner Emerging by adding it to a well-diversified portfolio.
Turner Emerging Fundamentals Growth
Turner Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Turner Emerging, and Turner Emerging 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 Turner Mutual Fund performance.
| Total Asset | 18.93 M | ||||
About Turner Emerging Performance
Evaluating Turner Emerging's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Turner Emerging 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 Turner Emerging 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.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of mid-sized companies. The Adviser may sell securities for a variety of reasons, such as to secure gains, limit losses, or reposition assets to more promising opportunities.Things to note about Turner Emerging Growth performance evaluation
Checking the ongoing alerts about Turner Emerging for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Turner Emerging Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Turner Emerging's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Turner Emerging's mutual fund performance include:- Analyzing Turner Emerging'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 Turner Emerging's stock is overvalued or undervalued compared to its peers.
- Examining Turner Emerging'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 Turner Emerging's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Turner Emerging's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Turner Emerging's mutual fund. These opinions can provide insight into Turner Emerging's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Turner Mutual Fund
Turner Emerging financial ratios help investors to determine whether Turner 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 Turner with respect to the benefits of owning Turner Emerging security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |