Westcore Orado Tax Exempt Fund Manager Performance Evaluation
| WTCOX Fund | USD 10.54 0.02 0.19% |
The entity maintains a market beta of -0.0687, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Westcore Colorado are expected to decrease at a much lower rate. During the bear market, Westcore Colorado is likely to outperform the market.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Westcore Orado Tax Exempt are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Westcore Colorado 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 | 1st of May 2023 | |
| Expense Ratio | 0.6500 |
Westcore |
Westcore Colorado Relative Risk vs. Return Landscape
If you would invest 1,046 in Westcore Orado Tax Exempt on September 1, 2024 and sell it today you would earn a total of 8.00 from holding Westcore Orado Tax Exempt or generate 0.76% return on investment over 90 days. Westcore Orado Tax Exempt is currently producing 0.0121% returns and takes up 0.1952% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Westcore, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Westcore Colorado Current Valuation
Overvalued
Today
Please note that Westcore Colorado's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Westcore Orado Tax maintains a prevalent Real Value of $10.31 per share. The last-minute price of the fund is $10.54. We determine the value of Westcore Orado Tax from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will grow together.
Since Westcore Colorado is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Westcore Mutual Fund. However, Westcore Colorado'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 10.54 | Real 10.31 | Hype 10.54 | Naive 10.52 |
The intrinsic value of Westcore Colorado'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 Westcore Colorado'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 Westcore Orado Tax Exempt helps investors to forecast how Westcore 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 Westcore Colorado more accurately as focusing exclusively on Westcore Colorado's fundamentals will not take into account other important factors: Westcore Colorado Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westcore Colorado's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Westcore Orado Tax Exempt, and traders can use it to determine the average amount a Westcore Colorado'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 = 0.0619
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WTCOX |
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
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Westcore Colorado is performing at about 4% 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 Westcore Colorado by adding it to a well-diversified portfolio.
Westcore Colorado Fundamentals Growth
Westcore Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Westcore Colorado, and Westcore Colorado 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 Westcore Mutual Fund performance.
| Total Asset | 135.24 M | ||||
About Westcore Colorado Performance
Evaluating Westcore Colorado's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Westcore Colorado 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 Westcore Colorado 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 at least eighty percent of the value of its net assets, plus any borrowings for investment purposes, in securities, the income from which is exempt from both federal and Colorado state income tax. It focuses primarily on investment-grade quality municipal bonds that are rated in one of the three highest investment-grade categories at the time of purchase by one or more nationally recognized rating agencies such as Moodys or Standard Poors. The fund is non-diversified.Things to note about Westcore Orado Tax performance evaluation
Checking the ongoing alerts about Westcore Colorado for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Westcore Orado Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Westcore Orado Tax keeps about 5.19% of its net assets in cash |
- Analyzing Westcore Colorado'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 Westcore Colorado's stock is overvalued or undervalued compared to its peers.
- Examining Westcore Colorado'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 Westcore Colorado's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Westcore Colorado's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Westcore Colorado's mutual fund. These opinions can provide insight into Westcore Colorado's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Westcore Mutual Fund
Westcore Colorado financial ratios help investors to determine whether Westcore 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 Westcore with respect to the benefits of owning Westcore Colorado security.
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