Priorityome Fund Performance
| PRIF-PJ Preferred Stock | 23.50 0.07 0.30% |
Priorityome Fund has a performance score of 12 on a scale of 0 to 100. The company holds a Beta of -0.0404, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Priorityome Fund are expected to decrease at a much lower rate. During the bear market, Priorityome Fund is likely to outperform the market. Priorityome Fund right now holds a risk of 0.49%. Please check Priorityome Fund coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Priorityome Fund will be following its historical price patterns.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Priorityome Fund are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Even with relatively steady forward-looking indicators, Priorityome Fund is not utilizing all of its potentials. The recent stock price chaos, may contribute to medium-term losses for the stakeholders. ...more
| Dividend Yield | 0.0705 |
Priorityome |
Priorityome Fund Relative Risk vs. Return Landscape
If you would invest 2,238 in Priorityome Fund on September 1, 2024 and sell it today you would earn a total of 112.00 from holding Priorityome Fund or generate 5.0% return on investment over 90 days. Priorityome Fund is generating 0.0775% of daily returns and assumes 0.4904% volatility on return distribution over the 90 days horizon. Simply put, 4% of preferred stocks are less volatile than Priorityome, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Priorityome Fund Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Priorityome Fund's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Priorityome Fund, and traders can use it to determine the average amount a Priorityome Fund'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 = 0.1581
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | PRIF-PJ | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Priorityome Fund 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 Priorityome Fund by adding it to a well-diversified portfolio.
About Priorityome Fund Performance
By evaluating Priorityome Fund's fundamental ratios, stakeholders can gain valuable insights into Priorityome Fund's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Priorityome Fund 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 Priorityome Fund 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.
Things to note about Priorityome Fund performance evaluation
Checking the ongoing alerts about Priorityome Fund for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Priorityome Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Priorityome Fund's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Priorityome Fund's preferred stock performance include:- Analyzing Priorityome Fund'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 Priorityome Fund's stock is overvalued or undervalued compared to its peers.
- Examining Priorityome Fund'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 Priorityome Fund's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Priorityome Fund's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Priorityome Fund's preferred stock. These opinions can provide insight into Priorityome Fund's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Priorityome Preferred Stock
Priorityome Fund financial ratios help investors to determine whether Priorityome Preferred Stock 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 Priorityome with respect to the benefits of owning Priorityome Fund security.