Royce Pennsylvania Competition

PENNX Fund

USD 10.66 0.14 1.33%

Royce Pennsylvania Mutual competes with T Rowe, Strategic Allocation, Real Estate, High Yield, and Strategic Allocation; as well as few others. The fund is listed under Small Blend category and is part of Royce Investment Partners family. Analyzing Royce Pennsylvania competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Royce Pennsylvania to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Royce Pennsylvania Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Royce Pennsylvania competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
9.43	10.66	11.89

Details

Intrinsic

Valuation

Low	Real	High
9.28	10.51	11.74

Details

Royce Pennsylvania Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Royce Pennsylvania and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Royce and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Royce Pennsylvania Mutual does not affect the price movement of the other competitor.

	PASVX	TWSAX	REACX	PHYAX	TWSMX
PASVX		0.9	0.2	0.5	0.82	PASVX
TWSAX	0.9		0.35	0.6	0.91	TWSAX
REACX	0.2	0.35		0.56	0.37	REACX
PHYAX	0.5	0.6	0.56		0.68	PHYAX
TWSMX	0.82	0.91	0.37	0.68		TWSMX
	PASVX	TWSAX	REACX	PHYAX	TWSMX

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Risk-Adjusted Indicators

There is a big difference between Royce Mutual Fund performing well and Royce Pennsylvania Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Royce Pennsylvania's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PASVX	0.78	0.16	0.05	1.76	0.66	(0.85)	1.81	(1.22)	6.47
TWSAX	0.44	0.06	(0.08)	3.04	0.45	(0.52)	0.96	(0.71)	2.66
REACX	0.68	0.06	(0.05)	0.71	0.77	(0.73)	1.28	(1.29)	3.81
PHYAX	0.12	0.00	(0.49)	0.12	0.00	(0.18)	0.25	(0.25)	0.87
TWSMX	0.35	(0.01)	(0.14)	0.09	0.38	(0.40)	0.74	(0.73)	1.95

Unable to evaluate fundamental data of [PASVX, TWSAX, REACX, PHYAX, TWSMX] at this time. Please try again later

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Royce Pennsylvania Competitive Analysis

The better you understand Royce Pennsylvania competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Royce Pennsylvania's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Royce Pennsylvania's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	PENNX	PASVX	TWSAX	REACX	PHYAX	TWSMX
	1.33 10.66 Royce	1.70 61.67 PASVX	0.58 8.64 Strategic	1.06 28.10 Real	0.12 8.08 High	0.59 6.86 Strategic
Market Volatility (90 Days Market Risk)	Not too volatile	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	OK	OK	Modest	OK	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Hold	Strong Hold	Cautious Hold	Strong Sell	Strong Hold
Net Asset	1.74 B	10.76 B	650.03 M	716.68 M	8.06 B	741.86 M
Minimum Initial Investment	2 K	N/A	N/A	N/A	N/A	N/A
Price To Book	2.23 X	1.72 X	2.32 X	2.49 X	N/A	2.26 X
Five Year Return	11.85 %	8.80 %	9.70 %	4.43 %	3.37 %	7.85 %
One Year Return	26.96 %	27.60 %	22.88 %	25.91 %	11.56 %	19.28 %
Last Dividend Paid	0.06	N/A	0.06	0.15	0.03	0.02
Price To Earning	19.98 X	20.87 X	17.49 X	32.57 X	N/A	17.10 X
Price To Sales	1.23 X	1.28 X	1.50 X	7.36 X	N/A	1.43 X
Cash Position Weight	3.32 %	2.82 %	6.12 %	2.60 %	0.88 %	8.28 %
Equity Positions Weight	96.68 %	97.18 %	73.16 %	97.40 %	0.17 %	57.27 %
Three Year Return	6.01 %	0.15 %	4.24 %	0.94 %	2.35 %	3.00 %
Annual Yield	0 %	0 %	0.02 %	0.02 %	0.01 %	0.02 %
Year To Date Return	14.60 %	14.92 %	16.13 %	14.51 %	6.11 %	13.05 %
Bond Positions Weight	N/A	N/A	5.02 %	N/A	7.98 %	7.97 %
Ten Year Return	8.15 %	8.37 %	8.70 %	8.74 %	5.99 %	7.61 %
Daily Balance Of Power	9.2 T	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	9.2 T
Day Typical Price	10.66	61.67	8.64	28.1	8.08	6.86
Period Momentum Indicator	0.14	1.03	(0.05)	(0.30)	0.01	0.04
Rate Of Daily Change	1.01	1.02	0.99	0.99	1.0	1.01
Day Median Price	10.66	61.67	8.64	28.1	8.08	6.86
Price Action Indicator	0.07	0.52	(0.03)	(0.15)	0.005	0.02
Coefficient Of Variation	1309.89	641.64	737.41	964.71	882.14	848.33
Mean Deviation	0.8588	0.7811	0.4441	0.6798	0.1181	0.3542
Jensen Alpha	(0.09)	0.1569	0.0645	0.0643	(0.000066)	(0.01)
Total Risk Alpha	(0.10)	(0.01)	(0.02)	(0.05)	(0.02)	(0.03)
Sortino Ratio	(0.03)	0.0541	(0.08)	(0.05)	(0.49)	(0.14)
Downside Variance	1.27	0.8413	0.3807	0.7543	0.0502	0.2778
Standard Deviation	1.2	1.14	0.5687	0.8413	0.1677	0.4468
Kurtosis	3.95	5.21	0.2452	(0.11)	1.57	0.0359
Potential Upside	1.93	1.81	0.9592	1.28	0.2491	0.7407
Treynor Ratio	0.0581	1.76	3.04	0.711	0.1178	0.0907
Maximum Drawdown	6.58	6.47	2.66	3.81	0.873	1.95
Variance	1.45	1.31	0.3235	0.7079	0.0281	0.1996
Market Risk Adjusted Performance	0.0681	1.77	3.05	0.721	0.1278	0.1007
Risk Adjusted Performance	0.062	0.1224	0.1002	0.0801	0.0511	0.083
Skewness	0.7464	1.41	(0.25)	(0.32)	0.1903	(0.40)
Semi Deviation	0.9935	0.6585	0.4539	0.769	0.0	0.3778
Information Ratio	(0.03)	0.0434	(0.09)	(0.05)	(0.65)	(0.17)
Value At Risk	(1.52)	(1.22)	(0.71)	(1.29)	(0.25)	(0.73)
Expected Short fall	(0.98)	(0.85)	(0.52)	(0.73)	(0.18)	(0.40)
Downside Deviation	1.13	0.9172	0.617	0.8685	0.224	0.527
Semi Variance	0.9871	0.4336	0.206	0.5913	(0)	0.1428

Royce Pennsylvania Competition Performance Charts

Five steps to successful analysis of Royce Pennsylvania Competition

Royce Pennsylvania's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Royce Pennsylvania Mutual in relation to its competition. Royce Pennsylvania's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Royce Pennsylvania in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Royce Pennsylvania's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Royce Pennsylvania Mutual, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Royce Pennsylvania position

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Other Information on Investing in Royce Mutual Fund

Royce Pennsylvania financial ratios help investors to determine whether Royce 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 Royce with respect to the benefits of owning Royce Pennsylvania security.

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