Fpa New Income Fund Manager Performance Evaluation
| FPNIX Fund | USD 9.94 0.01 0.10% |
The fund shows a Beta (market volatility) of 0.0111, which means not very significant fluctuations relative to the market. As returns on the market increase, Fpa New's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fpa New is expected to be smaller as well.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Fpa New Income are ranked lower than 19 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Fpa New is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Is FPNIX a Strong Bond Fund Right Now - Yahoo Finance | 01/07/2025 |
| Expense Ratio Date | 27th of January 2023 |
Fpa |
Fpa New Relative Risk vs. Return Landscape
If you would invest 969.00 in Fpa New Income on December 21, 2024 and sell it today you would earn a total of 25.00 from holding Fpa New Income or generate 2.58% return on investment over 90 days. Fpa New Income is currently producing 0.0433% returns and takes up 0.1761% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Fpa, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Fpa New Current Valuation
Fairly Valued
Today
Please note that Fpa New's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Fpa New Income shows a prevailing Real Value of $9.91 per share. The current price of the fund is $9.94. We determine the value of Fpa New Income from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Fpa New is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fpa Mutual Fund. However, Fpa New'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 9.94 | Real 9.91 | Hype 9.94 | Naive 9.91 |
The intrinsic value of Fpa New'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 Fpa New'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 Fpa New Income helps investors to forecast how Fpa 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 Fpa New more accurately as focusing exclusively on Fpa New's fundamentals will not take into account other important factors: Fpa New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fpa New's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fpa New Income, and traders can use it to determine the average amount a Fpa New'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 = 0.2461
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FPNIX |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Fpa New 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 Fpa New by adding it to a well-diversified portfolio.
Fpa New Fundamentals Growth
Fpa Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fpa New, and Fpa New 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 Fpa Mutual Fund performance.
About Fpa New Performance
Evaluating Fpa New's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fpa New 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 Fpa New 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 primarily invests in a diversified portfolio of debt instruments, cash and cash equivalents. It generally invests in highly rated debt instruments and invests at least 75 percent of its total assets, calculated at market value at the time of purchase, in debt instruments rated at least A- or its equivalent by a NRSRO and in cash equivalent securities.Things to note about Fpa New Income performance evaluation
Checking the ongoing alerts about Fpa New for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fpa New Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 5.01% of its assets under management (AUM) in cash |
- Analyzing Fpa New'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 Fpa New's stock is overvalued or undervalued compared to its peers.
- Examining Fpa New'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 Fpa New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fpa New's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Fpa New's mutual fund. These opinions can provide insight into Fpa New's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Fpa Mutual Fund
Fpa New financial ratios help investors to determine whether Fpa 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 Fpa with respect to the benefits of owning Fpa New security.
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