Pia Mbs Bond Fund Manager Performance Evaluation
| PMTGX Fund | USD 8.26 0.04 0.48% |
The fund holds a Beta of -0.0167, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pia Mbs are expected to decrease at a much lower rate. During the bear market, Pia Mbs is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Pia Mbs Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Pia Mbs is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.2800 |
Pia |
Pia Mbs Relative Risk vs. Return Landscape
If you would invest 840.00 in Pia Mbs Bond on August 29, 2024 and sell it today you would lose (14.00) from holding Pia Mbs Bond or give up 1.67% of portfolio value over 90 days. Pia Mbs Bond is currently producing negative expected returns and takes up 0.3143% volatility of returns over 90 trading days. Put another way, 2% 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 Mbs Current Valuation
Undervalued
Today
Please note that Pia Mbs' price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. Pia Mbs Bond recent Real Value cannot be determined due to lack of data. The prevailing price of Pia Mbs Bond is $8.26. We determine the value of Pia Mbs Bond 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 Mbs is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pia Mutual Fund. However, Pia Mbs' 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 8.26 | Real 0.0 | Hype 0.0 | Naive 8.28 |
The intrinsic value of Pia Mbs' 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 Mbs' 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 Mbs Bond 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 Mbs more accurately as focusing exclusively on Pia Mbs' fundamentals will not take into account other important factors: Pia Mbs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pia Mbs' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Pia Mbs Bond, and traders can use it to determine the average amount a Pia Mbs' 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 = -0.082
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PMTGX |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pia Mbs 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 Pia Mbs by adding Pia Mbs to a well-diversified portfolio.
Pia Mbs Fundamentals Growth
Pia Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Pia Mbs, and Pia Mbs 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.
| Total Asset | 60 M | ||||
About Pia Mbs Performance
Evaluating Pia Mbs' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pia Mbs 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 Mbs 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 at least 80 percent of its net assets in mortgage-backed securities, including commercial mortgage-backed securities. It may invest up to 10 percent of its net assets in futures, options, other derivatives, and up to 20 percent in other investment companies, including exchange-traded funds . The fund may also invest up to 20 percent of its net assets in asset-backed securities.Things to note about Pia Mbs Bond performance evaluation
Checking the ongoing alerts about Pia Mbs for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pia Mbs Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Pia Mbs Bond generated a negative expected return over the last 90 days | |
| Pia Mbs Bond generated five year return of 0.0% | |
| This fund maintains about 18.57% of its assets in cash |
- Analyzing Pia Mbs' 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 Mbs' stock is overvalued or undervalued compared to its peers.
- Examining Pia Mbs' 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 Mbs' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pia Mbs' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Pia Mbs' mutual fund. These opinions can provide insight into Pia Mbs' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Pia Mutual Fund
Pia Mbs 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 Mbs security.
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