Rationalpier 88 Convertible Fund Manager Performance Evaluation
| PBXIX Fund | USD 11.60 0.05 0.43% |
The fund holds a Beta of 0.43, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Rational/pier's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rational/pier is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Rationalpier 88 Convertible are ranked lower than 18 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Rational/pier 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 | 1st of May 2023 | |
| Expense Ratio | 1.0000 |
Rational/pier |
Rational/pier Relative Risk vs. Return Landscape
If you would invest 1,093 in Rationalpier 88 Convertible on August 27, 2024 and sell it today you would earn a total of 67.00 from holding Rationalpier 88 Convertible or generate 6.13% return on investment over 90 days. Rationalpier 88 Convertible is currently producing 0.0938% returns and takes up 0.4084% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Rational/pier, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Rational/pier Current Valuation
Overvalued
Today
Please note that Rational/pier's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Rationalpier 88 Conv holds a recent Real Value of $10.59 per share. The prevailing price of the fund is $11.6. We determine the value of Rationalpier 88 Conv 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 Rational/pier is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Rational/pier Mutual Fund. However, Rational/pier'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 11.6 | Real 10.59 | Hype 11.6 | Naive 11.58 |
The intrinsic value of Rational/pier'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 Rational/pier'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 Rationalpier 88 Convertible helps investors to forecast how Rational/pier 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 Rational/pier more accurately as focusing exclusively on Rational/pier's fundamentals will not take into account other important factors: Rational/pier Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rational/pier's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Rationalpier 88 Convertible, and traders can use it to determine the average amount a Rational/pier'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 = 0.2297
| Best Portfolio | Best Equity | |||
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| Cash | PBXIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Rational/pier is performing at about 18% 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 Rational/pier by adding it to a well-diversified portfolio.
Rational/pier Fundamentals Growth
Rational/pier Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Rational/pier, and Rational/pier 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 Rational/pier Mutual Fund performance.
| Total Asset | 97.23 M | ||||
About Rational/pier Performance
Evaluating Rational/pier's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Rational/pier 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 Rational/pier 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 conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in convertible securities. Convertible securities are hybrid securities that possess both fixed income and equity characteristics. The fund will generally invest primarily in investment-grade instruments. It is non-diversified.Things to note about Rationalpier 88 Conv performance evaluation
Checking the ongoing alerts about Rational/pier for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Rationalpier 88 Conv 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 most of the assets in different exotic instruments. |
- Analyzing Rational/pier'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 Rational/pier's stock is overvalued or undervalued compared to its peers.
- Examining Rational/pier'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 Rational/pier's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rational/pier's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Rational/pier's mutual fund. These opinions can provide insight into Rational/pier's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Rational/pier Mutual Fund
Rational/pier financial ratios help investors to determine whether Rational/pier 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 Rational/pier with respect to the benefits of owning Rational/pier security.
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