Bond Market Index Fund Manager Performance Evaluation
| PNIIX Fund | USD 8.74 0.04 0.46% |
The fund shows a Beta (market volatility) of -0.0626, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bond Market are expected to decrease at a much lower rate. During the bear market, Bond Market is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Bond Market Index has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Bond Market 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 | 31st of December 2022 | |
| Expense Ratio | 0.1500 |
Bond |
Bond Market Relative Risk vs. Return Landscape
If you would invest 879.00 in Bond Market Index on September 3, 2024 and sell it today you would lose (5.00) from holding Bond Market Index or give up 0.57% of portfolio value over 90 days. Bond Market Index is currently producing negative expected returns and takes up 0.3105% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Bond, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Bond Market Current Valuation
Overvalued
Today
Please note that Bond Market's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Bond Market Index shows a prevailing Real Value of $8.44 per share. The current price of the fund is $8.74. We determine the value of Bond Market Index from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Bond Market is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Bond Mutual Fund. However, Bond Market'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 8.74 | Real 8.44 | Hype 8.74 | Naive 8.78 |
The intrinsic value of Bond Market'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 Bond Market'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 Bond Market Index helps investors to forecast how Bond 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 Bond Market more accurately as focusing exclusively on Bond Market's fundamentals will not take into account other important factors: Bond Market Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bond Market's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Bond Market Index, and traders can use it to determine the average amount a Bond Market'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 = -0.0272
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PNIIX |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bond Market 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 Bond Market by adding Bond Market to a well-diversified portfolio.
Bond Market Fundamentals Growth
Bond Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Bond Market, and Bond Market 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 Bond Mutual Fund performance.
| Total Asset | 2.45 B | ||||
About Bond Market Performance
Evaluating Bond Market's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Bond Market 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 Bond Market 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.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in investments designed to track the Bloomberg U.S. Aggregate Bond Index at the time of purchase. The index is composed of investment grade, fixed-rate debt issues with maturities of one year or more, including government securities, corporate securities, and asset-backed and mortgage-backed securities .Things to note about Bond Market Index performance evaluation
Checking the ongoing alerts about Bond Market for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Bond Market Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bond Market Index generated a negative expected return over the last 90 days | |
| Bond Market Index generated five year return of 0.0% | |
| This fund maintains about 7.97% of its assets in cash |
- Analyzing Bond Market'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 Bond Market's stock is overvalued or undervalued compared to its peers.
- Examining Bond Market'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 Bond Market's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bond Market's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Bond Market's mutual fund. These opinions can provide insight into Bond Market's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Bond Mutual Fund
Bond Market financial ratios help investors to determine whether Bond 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 Bond with respect to the benefits of owning Bond Market security.
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