Pia Short Term Securities Fund Manager Performance Evaluation
| PIASX Fund | USD 10.04 0.01 0.1% |
The fund holds a Beta of 0.0043, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pia Short-term's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pia Short-term is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Pia Short Term Securities are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Pia Short-term 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 | 11th of April 2023 | |
| Expense Ratio | 0.3900 |
Pia |
Pia Short-term Relative Risk vs. Return Landscape
If you would invest 997.00 in Pia Short Term Securities on September 1, 2024 and sell it today you would earn a total of 7.00 from holding Pia Short Term Securities or generate 0.7% return on investment over 90 days. Pia Short Term Securities is currently producing 0.011% returns and takes up 0.0853% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Pia, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Pia Short-term Current Valuation
Overvalued
Today
Please note that Pia Short-term's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Pia Short Term holds a recent Real Value of $9.23 per share. The prevailing price of the fund is $10.04. We determine the value of Pia Short Term from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support 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 Pia Short-term is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pia Mutual Fund. However, Pia Short-term'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 10.04 | Real 9.23 | Hype 10.04 | Naive 10.03 |
The intrinsic value of Pia Short-term'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 Pia Short-term'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 Pia Short Term Securities helps investors to forecast how Pia 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 Pia Short-term more accurately as focusing exclusively on Pia Short-term's fundamentals will not take into account other important factors: Pia Short-term Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pia Short-term's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Pia Short Term Securities, and traders can use it to determine the average amount a Pia Short-term'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 = 0.1285
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Based on monthly moving average Pia Short-term is performing at about 10% 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 Pia Short-term by adding it to a well-diversified portfolio.
Pia Short-term Fundamentals Growth
Pia Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Pia Short-term, and Pia Short-term 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 Pia Mutual Fund performance.
About Pia Short-term Performance
Evaluating Pia Short-term's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pia Short-term 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 Pia Short-term 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 is a diversified investment company that normally invests at least 80 percent of its net assets in short-term securities having a duration of less than three years. Under normal market conditions, it purchases securities rated BBB- andor Baa3 or better by a Nationally Recognized Statistical Rating Organization. The fund may invest up to 10 percent of net assets in debt futures contracts, option contracts, options on securities and options on debt futures.Things to note about Pia Short Term performance evaluation
Checking the ongoing alerts about Pia Short-term for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pia Short Term help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 93.41% of its assets in bonds |
- Analyzing Pia Short-term'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 Pia Short-term's stock is overvalued or undervalued compared to its peers.
- Examining Pia Short-term'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 Pia Short-term's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pia Short-term's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Pia Short-term's mutual fund. These opinions can provide insight into Pia Short-term's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Pia Mutual Fund
Pia Short-term financial ratios help investors to determine whether Pia 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 Pia with respect to the benefits of owning Pia Short-term security.
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