Plumb Equity Fund Manager Performance Evaluation
| PLAEX Fund | USD 32.16 0.38 1.20% |
The fund holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, Plumb Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Plumb Equity is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Plumb Equity are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Plumb Equity may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...morePlumb |
Plumb Equity Relative Risk vs. Return Landscape
If you would invest 2,972 in Plumb Equity on September 14, 2024 and sell it today you would earn a total of 206.00 from holding Plumb Equity or generate 6.93% return on investment over 90 days. Plumb Equity is currently producing 0.1103% returns and takes up 0.8869% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Plumb, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Plumb Equity Current Valuation
Fairly Valued
Today
Please note that Plumb Equity's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Plumb Equity holds a recent Real Value of $31.56 per share. The prevailing price of the fund is $32.16. We determine the value of Plumb Equity 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 Plumb Equity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Plumb Mutual Fund. However, Plumb Equity'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 32.16 | Real 31.56 | Hype 31.78 | Naive 31.6 |
The intrinsic value of Plumb Equity'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 Plumb Equity'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 Plumb Equity helps investors to forecast how Plumb 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 Plumb Equity more accurately as focusing exclusively on Plumb Equity's fundamentals will not take into account other important factors: Plumb Equity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plumb Equity's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Plumb Equity, and traders can use it to determine the average amount a Plumb Equity'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 = 0.1244
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| Cash | PLAEX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Plumb Equity is performing at about 9% 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 Plumb Equity by adding it to a well-diversified portfolio.
Plumb Equity Fundamentals Growth
Plumb Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Plumb Equity, and Plumb Equity 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 Plumb Mutual Fund performance.
| Total Asset | 18.14 M | ||||
About Plumb Equity Performance
Evaluating Plumb Equity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Plumb Equity 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 Plumb Equity 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.
The fund normally invests at least 80 percent of its assets, including borrowings for investment purposes, in common stocks and other equity securities, such as exchange-traded funds , options, preferred stocks and securities convertible into such equity securities. It generally invests in higher quality companies that are trading at significant discounts to portfolio managers estimates of their intrinsic value. These companies may include large, medium, and smaller-sized companies.Things to note about Plumb Equity performance evaluation
Checking the ongoing alerts about Plumb Equity for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Plumb Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Plumb Equity's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Plumb Equity's mutual fund performance include:- Analyzing Plumb Equity'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 Plumb Equity's stock is overvalued or undervalued compared to its peers.
- Examining Plumb Equity'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 Plumb Equity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Plumb Equity's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Plumb Equity's mutual fund. These opinions can provide insight into Plumb Equity's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Plumb Mutual Fund
Plumb Equity financial ratios help investors to determine whether Plumb 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 Plumb with respect to the benefits of owning Plumb Equity security.
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