Pender Real Estate Fund Manager Performance Evaluation
| PNDIX Fund | 10.03 0.06 0.59% |
The fund holds a Beta of 0.003, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pender Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pender Real is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Pender Real Estate are ranked lower than 15 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Pender Real is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Pender Real Relative Risk vs. Return Landscape
If you would invest 992.00 in Pender Real Estate on August 31, 2024 and sell it today you would earn a total of 11.00 from holding Pender Real Estate or generate 1.11% return on investment over 90 days. Pender Real Estate is currently producing 0.0175% returns and takes up 0.0902% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Pender, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Pender Real Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pender Real's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Pender Real Estate, and traders can use it to determine the average amount a Pender Real'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 = 0.1946
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| PNDIX |
Based on monthly moving average Pender Real is performing at about 15% 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 Pender Real by adding it to a well-diversified portfolio.
About Pender Real Performance
Evaluating Pender Real's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pender Real 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 Pender Real 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.
Pender Real is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Pender Real Estate performance evaluation
Checking the ongoing alerts about Pender Real for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pender Real Estate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Pender Real's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Pender Real's mutual fund performance include:- Analyzing Pender Real'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 Pender Real's stock is overvalued or undervalued compared to its peers.
- Examining Pender Real'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 Pender Real's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pender Real's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Pender Real's mutual fund. These opinions can provide insight into Pender Real's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Pender Mutual Fund
Pender Real financial ratios help investors to determine whether Pender 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 Pender with respect to the benefits of owning Pender Real security.
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