Phn Canadian Equity Fund Manager Performance Evaluation
| 0P0000N468 | CAD 22.69 0.03 0.13% |
The fund holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, PHN Canadian's returns are expected to increase less than the market. However, during the bear market, the loss of holding PHN Canadian is expected to be smaller as well.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in PHN Canadian Equity are ranked lower than 22 (%) of all funds and portfolios of funds over the last 90 days. In spite of very weak basic indicators, PHN Canadian may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Fifty Two Week Low | 9.72 | |
| Fifty Two Week High | 15.42 | |
| Annual Report Expense Ratio | 1.87% |
PHN |
PHN Canadian Relative Risk vs. Return Landscape
If you would invest 2,072 in PHN Canadian Equity on August 29, 2024 and sell it today you would earn a total of 197.00 from holding PHN Canadian Equity or generate 9.51% return on investment over 90 days. PHN Canadian Equity is generating 0.1479% of daily returns and assumes 0.5161% volatility on return distribution over the 90 days horizon. Simply put, 4% of funds are less volatile than PHN, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
PHN Canadian Current Valuation
Undervalued
Today
Please note that PHN Canadian's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. PHN Canadian Equity holds a recent Real Value of C$24.39 per share. The prevailing price of the fund is C$22.69. We determine the value of PHN Canadian Equity from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support obtaining undervalued funds and abandoning overvalued funds since, at some point future time, fund prices and their ongoing real values will merge together.
Since PHN Canadian is currently traded on the exchange, buyers and sellers on that exchange determine the market value of PHN Fund. However, PHN Canadian'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 22.69 | Real 24.39 | Hype 22.69 | Naive 22.83 |
The intrinsic value of PHN Canadian'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 PHN Canadian'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 PHN Canadian Equity helps investors to forecast how PHN 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 PHN Canadian more accurately as focusing exclusively on PHN Canadian's fundamentals will not take into account other important factors: PHN Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PHN Canadian's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as PHN Canadian Equity, and traders can use it to determine the average amount a PHN Canadian'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 = 0.2866
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| Cash | 0P0000N468 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.52 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average PHN Canadian is performing at about 22% 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 PHN Canadian by adding it to a well-diversified portfolio.
PHN Canadian Fundamentals Growth
PHN Fund prices reflect investors' perceptions of the future prospects and financial health of PHN Canadian, and PHN Canadian 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 PHN Fund performance.
| Total Asset | 1.5 B | |||
About PHN Canadian Performance
By examining PHN Canadian's fundamental ratios, stakeholders can obtain critical insights into PHN Canadian's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that PHN Canadian is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fundamental investment objective of the Fund is to provide long-term capital growth. PHN Canadian is traded on Toronto Stock Exchange in Canada.Things to note about PHN Canadian Equity performance evaluation
Checking the ongoing alerts about PHN Canadian for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for PHN Canadian Equity 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 -2.0% | |
| PHN Canadian Equity holds 95.84% of its total net assets in equities |
- Analyzing PHN Canadian'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 PHN Canadian's stock is overvalued or undervalued compared to its peers.
- Examining PHN Canadian'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 PHN Canadian's management team can have a significant impact on its success or failure. Reviewing the track record and experience of PHN Canadian's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of PHN Canadian's fund. These opinions can provide insight into PHN Canadian's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in PHN Fund
PHN Canadian financial ratios help investors to determine whether PHN 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 PHN with respect to the benefits of owning PHN Canadian security.
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