Vela International Fund Manager Performance Evaluation
| VEITX Fund | USD 13.71 0.03 0.22% |
The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vela International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vela International is expected to be smaller as well.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Vela International has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Vela International is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreVela |
Vela International Relative Risk vs. Return Landscape
If you would invest 1,385 in Vela International on September 14, 2024 and sell it today you would lose (14.00) from holding Vela International or give up 1.01% of portfolio value over 90 days. Vela International is currently producing negative expected returns and takes up 0.6864% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Vela, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Vela International Current Valuation
Fairly Valued
Today
Please note that Vela International's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Vela International has a current Real Value of $13.59 per share. The regular price of the fund is $13.71. We determine the value of Vela International 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 Vela International is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Vela Mutual Fund. However, Vela International'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 13.71 | Real 13.59 | Hype 13.71 |
The intrinsic value of Vela International'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 Vela International'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 Vela International helps investors to forecast how Vela 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 Vela International more accurately as focusing exclusively on Vela International's fundamentals will not take into account other important factors: Vela International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vela International's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Vela International, and traders can use it to determine the average amount a Vela International'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 = -0.0201
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| Negative Returns | VEITX |
Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Vela International 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 Vela International by adding Vela International to a well-diversified portfolio.
Vela International Fundamentals Growth
Vela Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Vela International, and Vela International 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 Vela Mutual Fund performance.
| Total Asset | 26.94 M | ||||
About Vela International Performance
Evaluating Vela International's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Vela International 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 Vela International 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, under normal market conditions, invests its assets primarily in non-U.S. equity securities of companies of any size that the Adviser believes are undervalued. Equity securities consist of common and preferred stocks. The Adviser intends to diversify its investments across different countries and regions. The fund may invest up to 30 percent of its total assets in securities of companies located in emerging market countries.Things to note about Vela International performance evaluation
Checking the ongoing alerts about Vela International for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Vela International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Vela International generated a negative expected return over the last 90 days | |
| The fund keeps about 13.37% of its net assets in cash |
- Analyzing Vela International'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 Vela International's stock is overvalued or undervalued compared to its peers.
- Examining Vela International'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 Vela International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Vela International's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Vela International's mutual fund. These opinions can provide insight into Vela International's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Vela Mutual Fund
Vela International financial ratios help investors to determine whether Vela 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 Vela with respect to the benefits of owning Vela International security.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |