Equity Income Fund Manager Performance Evaluation
| PEIJX Fund | USD 45.34 0.29 0.64% |
The fund shows a Beta (market volatility) of 0.8, which means possible diversification benefits within a given portfolio. As returns on the market increase, Equity Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equity Income is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Equity Income Fund are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward-looking indicators, Equity Income may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio | 0.8100 |
Equity |
Equity Income Relative Risk vs. Return Landscape
If you would invest 4,251 in Equity Income Fund on August 26, 2024 and sell it today you would earn a total of 283.00 from holding Equity Income Fund or generate 6.66% return on investment over 90 days. Equity Income Fund is currently producing 0.1013% returns and takes up 0.6608% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Equity, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Equity Income Current Valuation
Undervalued
Today
Please note that Equity Income's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Equity Income shows a prevailing Real Value of $49.65 per share. The current price of the fund is $45.34. We determine the value of Equity Income from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Equity Income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Equity Mutual Fund. However, Equity Income'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 45.34 | Real 49.65 | Hype 45.34 | Naive 45.23 |
The intrinsic value of Equity Income'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 Equity Income'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 Equity Income Fund helps investors to forecast how Equity 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 Equity Income more accurately as focusing exclusively on Equity Income's fundamentals will not take into account other important factors: Equity Income Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equity Income's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Equity Income Fund, and traders can use it to determine the average amount a Equity Income'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 = 0.1534
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | PEIJX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Equity Income is performing at about 12% 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 Equity Income by adding it to a well-diversified portfolio.
Equity Income Fundamentals Growth
Equity Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Equity Income, and Equity Income 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 Equity Mutual Fund performance.
| Total Asset | 9.02 B | ||||
About Equity Income Performance
Evaluating Equity Income's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Equity Income 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 Equity Income 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 dividend-paying equity securities at the time of purchase. It usually invests in equity securities of companies with large and medium market capitalizations. The fund invests in value equity securities, an investment strategy that emphasizes buying equity securities that appear to be undervalued.Things to note about Equity Income performance evaluation
Checking the ongoing alerts about Equity Income for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Equity Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Equity Income's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Equity Income's mutual fund performance include:- Analyzing Equity Income'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 Equity Income's stock is overvalued or undervalued compared to its peers.
- Examining Equity Income'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 Equity Income's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Equity Income's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Equity Income's mutual fund. These opinions can provide insight into Equity Income's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Equity Mutual Fund
Equity Income financial ratios help investors to determine whether Equity 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 Equity with respect to the benefits of owning Equity Income security.
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