Midcap Growth Fund Buy Hold or Sell Recommendation
| PPQPX Fund | USD 11.35 0.09 0.79% |
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Midcap Growth Fund is 'Strong Hold'. Macroaxis provides Midcap Growth buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PPQPX positions. The advice algorithm takes into account all of Midcap Growth's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Midcap Growth's buy or sell advice are summarized below:
Real Value 11.44 | Hype Value 11.35 | Market Value 11.35 | Naive Value 10.94 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Midcap Growth Fund given historical horizon and risk tolerance towards Midcap Growth. When Macroaxis issues a 'buy' or 'sell' recommendation for Midcap Growth Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
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Execute Midcap Growth Buy or Sell Advice
The Midcap recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Midcap Growth Fund. Macroaxis does not own or have any residual interests in Midcap Growth Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Midcap Growth's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
Midcap Growth Trading Alerts and Improvement Suggestions
| Midcap Growth generated a negative expected return over the last 90 days | |
| The fund maintains 96.3% of its assets in stocks |
Midcap Growth Returns Distribution Density
The distribution of Midcap Growth's historical returns is an attempt to chart the uncertainty of Midcap Growth's future price movements. The chart of the probability distribution of Midcap Growth daily returns describes the distribution of returns around its average expected value. We use Midcap Growth Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Midcap Growth returns is essential to provide solid investment advice for Midcap Growth.
| Mean Return | -0.08 | Value At Risk | -1.5 | Potential Upside | 1.19 | Standard Deviation | 0.86 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Midcap Growth historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Midcap Growth Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Midcap Growth or Principal Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Midcap Growth's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Midcap fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.12 | |
β | Beta against NYSE Composite | 1.17 | |
σ | Overall volatility | 0.84 | |
Ir | Information ratio | -0.13 |
Midcap Growth Volatility Alert
Midcap Growth Fund exhibits very low volatility with skewness of -0.1 and kurtosis of -0.81. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Midcap Growth's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Midcap Growth's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Midcap Growth Fundamentals Vs Peers
Comparing Midcap Growth's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Midcap Growth's direct or indirect competition across all of the common fundamentals between Midcap Growth and the related equities. This way, we can detect undervalued stocks with similar characteristics as Midcap Growth or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Midcap Growth's fundamental indicators could also be used in its relative valuation, which is a method of valuing Midcap Growth by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Midcap Growth to competition |
| Fundamentals | Midcap Growth | Peer Average |
| Price To Earning | 25.96 X | 6.53 X |
| Price To Book | 4.53 X | 0.74 X |
| Price To Sales | 2.12 X | 0.61 X |
| Year To Date Return | 1.84 % | 0.39 % |
| One Year Return | 14.10 % | 4.15 % |
| Three Year Return | 0.04 % | 3.60 % |
| Five Year Return | 9.90 % | 3.24 % |
| Ten Year Return | 12.03 % | 1.79 % |
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