1290 Unconstrained Bond Fund Manager Performance Evaluation
| TNUAX Fund | USD 8.35 0.01 0.12% |
The entity owns a Beta (Systematic Risk) of -0.082, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 1290 Unconstrained are expected to decrease at a much lower rate. During the bear market, 1290 Unconstrained is likely to outperform the market.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days 1290 Unconstrained Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, 1290 Unconstrained is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.7500 |
1290 |
1290 Unconstrained Relative Risk vs. Return Landscape
If you would invest 874.00 in 1290 Unconstrained Bond on August 25, 2024 and sell it today you would lose (39.00) from holding 1290 Unconstrained Bond or give up 4.46% of portfolio value over 90 days. 1290 Unconstrained Bond is currently producing negative expected returns and takes up 0.4131% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than 1290, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
1290 Unconstrained Current Valuation
Overvalued
Today
Please note that 1290 Unconstrained's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. 1290 Unconstrained Bond owns a latest Real Value of $8.08 per share. The recent price of the fund is $8.35. We determine the value of 1290 Unconstrained Bond from evaluating 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, sooner or later, mutual fund prices and their ongoing real values will grow together.
Since 1290 Unconstrained is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 1290 Mutual Fund. However, 1290 Unconstrained'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 8.35 | Real 8.08 | Hype 8.35 | Naive 8.36 |
The intrinsic value of 1290 Unconstrained'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 1290 Unconstrained'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 1290 Unconstrained Bond helps investors to forecast how 1290 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 1290 Unconstrained more accurately as focusing exclusively on 1290 Unconstrained's fundamentals will not take into account other important factors: 1290 Unconstrained Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1290 Unconstrained's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as 1290 Unconstrained Bond, and traders can use it to determine the average amount a 1290 Unconstrained'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 = -0.1679
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TNUAX |
Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 1290 Unconstrained 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 1290 Unconstrained by adding 1290 Unconstrained to a well-diversified portfolio.
1290 Unconstrained Fundamentals Growth
1290 Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of 1290 Unconstrained, and 1290 Unconstrained 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 1290 Mutual Fund performance.
| Price To Earning | 15.86 X | ||||
| Price To Book | 1.44 X | ||||
| Price To Sales | 1.01 X | ||||
| Total Asset | 692.85 M | ||||
About 1290 Unconstrained Performance
Evaluating 1290 Unconstrained's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if 1290 Unconstrained 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 1290 Unconstrained 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 borrowings for investment purposes, in a diversified portfolio of U.S. and foreign bonds or other debt securities of varying maturities and other instruments that provide investment exposure to such debt securities, including forwards or derivatives such as options, futures contracts or swap agreements.Things to note about 1290 Unconstrained Bond performance evaluation
Checking the ongoing alerts about 1290 Unconstrained for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for 1290 Unconstrained Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 1290 Unconstrained generated a negative expected return over the last 90 days | |
| The fund generated three year return of -4.0% | |
| 1290 Unconstrained Bond maintains about 93.09% of its assets in bonds |
- Analyzing 1290 Unconstrained'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 1290 Unconstrained's stock is overvalued or undervalued compared to its peers.
- Examining 1290 Unconstrained'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 1290 Unconstrained's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 1290 Unconstrained's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of 1290 Unconstrained's mutual fund. These opinions can provide insight into 1290 Unconstrained's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in 1290 Mutual Fund
1290 Unconstrained financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Unconstrained security.
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