Pace Smallmedium Growth Fund Manager Performance Evaluation
| PQUAX Fund | USD 14.07 0.24 1.74% |
The fund holds a Beta of 0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pace Smallmedium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pace Smallmedium is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Pace Smallmedium Growth are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Pace Smallmedium showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 1.2600 |
Pace |
Pace Smallmedium Relative Risk vs. Return Landscape
If you would invest 1,236 in Pace Smallmedium Growth on August 28, 2024 and sell it today you would earn a total of 171.00 from holding Pace Smallmedium Growth or generate 13.83% return on investment over 90 days. Pace Smallmedium Growth is currently producing 0.213% returns and takes up 1.2026% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Pace, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Pace Smallmedium Current Valuation
Fairly Valued
Today
Please note that Pace Smallmedium's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Pace Smallmedium Growth holds a recent Real Value of $14.27 per share. The prevailing price of the fund is $14.07. We determine the value of Pace Smallmedium Growth 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 Pace Smallmedium is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pace Mutual Fund. However, Pace Smallmedium'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 14.07 | Real 14.27 | Hype 14.07 | Naive 13.7 |
The intrinsic value of Pace Smallmedium'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 Pace Smallmedium'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 Pace Smallmedium Growth helps investors to forecast how Pace 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 Pace Smallmedium more accurately as focusing exclusively on Pace Smallmedium's fundamentals will not take into account other important factors: Pace Smallmedium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pace Smallmedium's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Pace Smallmedium Growth, and traders can use it to determine the average amount a Pace Smallmedium'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 = 0.1771
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PQUAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Pace Smallmedium is performing at about 13% 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 Pace Smallmedium by adding it to a well-diversified portfolio.
Pace Smallmedium Fundamentals Growth
Pace Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Pace Smallmedium, and Pace Smallmedium 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 Pace Mutual Fund performance.
| Price To Earning | 30.26 X | ||||
| Price To Book | 3.21 X | ||||
| Price To Sales | 1.72 X | ||||
| Total Asset | 26.31 M | ||||
About Pace Smallmedium Performance
Evaluating Pace Smallmedium's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pace Smallmedium 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 Pace Smallmedium 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 in equity securities issued by smallmedium capitalization companies. Smallmedium capitalization companies means companies with a total market capitalization within the market capitalization range of the companies in the Russell 2500 Growth Index at the time of purchase. The fund may from time to time invest a significant portion of its assets in the stocks of companies in various economic sectors, such as technology.Things to note about Pace Smallmedium Growth performance evaluation
Checking the ongoing alerts about Pace Smallmedium for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pace Smallmedium Growth 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 -1.0% | |
| Pace Smallmedium Growth maintains 98.97% of its assets in stocks |
- Analyzing Pace Smallmedium'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 Pace Smallmedium's stock is overvalued or undervalued compared to its peers.
- Examining Pace Smallmedium'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 Pace Smallmedium's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pace Smallmedium's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Pace Smallmedium's mutual fund. These opinions can provide insight into Pace Smallmedium's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Pace Mutual Fund
Pace Smallmedium financial ratios help investors to determine whether Pace 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 Pace with respect to the benefits of owning Pace Smallmedium security.
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