New York Bond Fund Manager Performance Evaluation
| UNYBX Fund | USD 10.05 0.07 0.69% |
The fund secures a Beta (Market Risk) of -0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning New York are expected to decrease at a much lower rate. During the bear market, New York is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days New York Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's fundamental drivers remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...more| Expense Ratio Date | 1st of August 2019 | |
| Expense Ratio | 0.7500 |
New |
New York Relative Risk vs. Return Landscape
If you would invest 1,095 in New York Bond on September 15, 2024 and sell it today you would lose (90.00) from holding New York Bond or give up 8.22% of portfolio value over 90 days. New York Bond is currently producing negative expected returns and takes up 1.0733% volatility of returns over 90 trading days. Put another way, 9% of traded mutual funds are less volatile than New, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
New York Current Valuation
Overvalued
Today
Please note that New York's price fluctuation is not too volatile at this time. At this time, the fund appears to be overvalued. New York Bond secures a last-minute Real Value of $9.5 per share. The latest price of the fund is $10.05. We determine the value of New York Bond from analyzing 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 merge together.
Since New York is currently traded on the exchange, buyers and sellers on that exchange determine the market value of New Mutual Fund. However, New York'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 10.05 | Real 9.5 | Hype 10.05 | Naive 10.33 |
The intrinsic value of New York'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 New York'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 New York Bond helps investors to forecast how New 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 New York more accurately as focusing exclusively on New York's fundamentals will not take into account other important factors: New York Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New York's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as New York Bond, and traders can use it to determine the average amount a New York'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 = -0.1192
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | UNYBX |
Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average New York 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 New York by adding New York to a well-diversified portfolio.
New York Fundamentals Growth
New Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of New York, and New York 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 New Mutual Fund performance.
| Total Asset | 6.45 M | ||||
About New York Performance
Evaluating New York's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if New York 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 New York 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 invests primarily in long-term investment-grade securities issued by the state of New York, its political subdivisions, municipalities and public authorities, instrumentalities, and by other government entities. At least 80 percent of the funds net assets will consist of New York tax-exempt securities. The funds dollar-weighted average portfolio maturity is not restricted, but is expected to be greater than 10 years.Things to note about New York Bond performance evaluation
Checking the ongoing alerts about New York for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for New York Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New York Bond generated a negative expected return over the last 90 days | |
| New York Bond generated five year return of 0.0% | |
| This fund keeps about 5.49% of its net assets in bonds |
- Analyzing New York'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 New York's stock is overvalued or undervalued compared to its peers.
- Examining New York'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 New York's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New York's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of New York's mutual fund. These opinions can provide insight into New York's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in New Mutual Fund
New York financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New York security.
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