The fund owns Beta (Systematic Risk) of 0.0398 which implies as returns on market increase, PNB Met returns are expected to increase less than the market. However during bear market, the loss on holding PNB Met will be expected to be smaller as well. Even though it is essential to pay attention to PNB Met Life existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis philosophy towards forecasting future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. PNB Met exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
PNB Met Life Relative Risk vs. Return LandscapeIf you would invest 4,378 in PNB Met Life Multiplier on January 17, 2019 and sell it today you would lose (109.81) from holding PNB Met Life Multiplier or give up 2.51% of portfolio value over 30 days. PNB Met Life Multiplier is generating negative expected returns and assumes 0.811% volatility on return distribution over the 30 days horizon. Simply put, 7% of equities are less volatile than PNB Met and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
PNB Met Current Valuation
PNB Met is not too risky asset. PNB Met Life owns latest Real Value of 42.86 per share. The recent price of the fund is 42.74. At this time the fund appears to be fairly valued. We determine the value of PNB Met Life from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support to invest in undervalued equities and to dispose of overvalued equities since in the future instruments prices and their ongoing real values will converge.
PNB Met Market Risk Analysis
Sharpe Ratio = -0.0689
PNB Met Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days PNB Met Life Multiplier has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||40.4584|
|Fifty Two Week High||47.2656|