Core Plus Bond Fund Manager Performance Evaluation
| PRBDX Fund | USD 9.00 0.03 0.33% |
The fund shows a Beta (market volatility) of -0.0619, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Core Plus are expected to decrease at a much lower rate. During the bear market, Core Plus is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Core Plus Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental indicators, Core Plus 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 March 2023 | |
| Expense Ratio | 0.8000 |
Core |
Core Plus Relative Risk vs. Return Landscape
If you would invest 926.00 in Core Plus Bond on August 27, 2024 and sell it today you would lose (26.00) from holding Core Plus Bond or give up 2.81% of portfolio value over 90 days. Core Plus Bond is currently producing negative expected returns and takes up 0.2981% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Core, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Core Plus Current Valuation
Overvalued
Today
Please note that Core Plus' price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Core Plus Bond shows a prevailing Real Value of $8.73 per share. The current price of the fund is $9.0. We determine the value of Core Plus Bond 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 Core Plus is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Core Mutual Fund. However, Core Plus' 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 9.0 | Real 8.73 | Hype 9.0 | Naive 8.99 |
The intrinsic value of Core Plus' 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 Core Plus' 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 Core Plus Bond helps investors to forecast how Core 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 Core Plus more accurately as focusing exclusively on Core Plus' fundamentals will not take into account other important factors: Core Plus Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Core Plus' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Core Plus Bond, and traders can use it to determine the average amount a Core Plus' 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 = -0.1478
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PRBDX |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Core Plus 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 Core Plus by adding Core Plus to a well-diversified portfolio.
Core Plus Fundamentals Growth
Core Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Core Plus, and Core Plus 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 Core Mutual Fund performance.
| Total Asset | 71.15 M | ||||
About Core Plus Performance
Evaluating Core Plus' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Core Plus 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 Core Plus 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 bonds or other debt securities at the time of purchase. Under normal circumstances, the fund maintains an average portfolio duration that is within 25 percent of the duration of the Bloomberg U.S. Aggregate Bond Index.Things to note about Core Plus Bond performance evaluation
Checking the ongoing alerts about Core Plus for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Core Plus Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Core Plus Bond generated a negative expected return over the last 90 days | |
| Core Plus Bond generated five year return of 0.0% | |
| This fund maintains about 8.02% of its assets in cash |
- Analyzing Core Plus' 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 Core Plus' stock is overvalued or undervalued compared to its peers.
- Examining Core Plus' 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 Core Plus' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Core Plus' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Core Plus' mutual fund. These opinions can provide insight into Core Plus' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Core Mutual Fund
Core Plus financial ratios help investors to determine whether Core 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 Core with respect to the benefits of owning Core Plus security.
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