Versatile Bond Portfolio Fund Manager Performance Evaluation
| PRVBX Fund | USD 66.25 0.14 0.21% |
The entity has a beta of 0.0041, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Versatile Bond's returns are expected to increase less than the market. However, during the bear market, the loss of holding Versatile Bond is expected to be smaller as well.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Versatile Bond Portfolio are ranked lower than 19 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental drivers, Versatile Bond 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 | 31st of May 2023 | |
| Expense Ratio | 0.6600 |
Versatile |
Versatile Bond Relative Risk vs. Return Landscape
If you would invest 6,519 in Versatile Bond Portfolio on August 14, 2024 and sell it today you would earn a total of 120.00 from holding Versatile Bond Portfolio or generate 1.84% return on investment over 90 days. Versatile Bond Portfolio is currently producing 0.029% returns and takes up 0.1199% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Versatile, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Versatile Bond Current Valuation
Overvalued
Today
Please note that Versatile Bond's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Versatile Bond Portfolio has a current Real Value of $60.98 per share. The regular price of the fund is $66.25. We determine the value of Versatile Bond Portfolio from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Versatile Bond is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Versatile Mutual Fund. However, Versatile Bond'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 66.25 | Real 60.98 | Hype 66.39 |
The intrinsic value of Versatile Bond'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 Versatile Bond'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 Versatile Bond Portfolio helps investors to forecast how Versatile 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 Versatile Bond more accurately as focusing exclusively on Versatile Bond's fundamentals will not take into account other important factors: Versatile Bond Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Versatile Bond's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Versatile Bond Portfolio, and traders can use it to determine the average amount a Versatile Bond'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 = 0.242
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PRVBX |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Versatile Bond is performing at about 19% 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 Versatile Bond by adding it to a well-diversified portfolio.
Versatile Bond Fundamentals Growth
Versatile Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Versatile Bond, and Versatile Bond 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 Versatile Mutual Fund performance.
| Total Asset | 95.63 M | ||||
About Versatile Bond Performance
Evaluating Versatile Bond's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Versatile Bond 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 Versatile Bond 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.
In pursuit of its investment objective, under normal market conditions, the fund invests at least 80 percent of its assets in bonds, which may include debt securities of all types and of any maturity. The adviser may invest in bonds with a range of maturities from short- to long-term and does not attempt to maintain any pre-set average portfolio maturity or duration. Its duration will vary, depending on the investment advisers forecast of interest rates and its assessment of market risks generally. The fund may invest in both investment grade and below investment grade bonds.Things to note about Versatile Bond Portfolio performance evaluation
Checking the ongoing alerts about Versatile Bond for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Versatile Bond Portfolio help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 80.76% of its assets in bonds |
- Analyzing Versatile Bond'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 Versatile Bond's stock is overvalued or undervalued compared to its peers.
- Examining Versatile Bond'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 Versatile Bond's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Versatile Bond's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Versatile Bond's mutual fund. These opinions can provide insight into Versatile Bond's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Versatile Mutual Fund
Versatile Bond financial ratios help investors to determine whether Versatile 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 Versatile with respect to the benefits of owning Versatile Bond security.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |