Plumb Mutual Fund Manager Performance Evaluation

PLBBX -  USA Fund  

USD 29.19  0.94  3.12%

The fund holds a Beta of -0.0069, which implies not very significant fluctuations relative to the market. Let's try to break down what Plumb's beta means in this case. As returns on the market increase, returns on owning Plumb Balanced are expected to decrease at a much lower rate. During the bear market, Plumb Balanced is likely to outperform the market. Even though it is essential to pay attention to Plumb Balanced current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Plumb Balanced exposes twenty-six different technical indicators, which can help you to evaluate its performance.
  
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Plumb Performance
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Over the last 90 days Plumb Balanced has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's fundamental drivers remain fairly strong which may send shares a bit higher in July 2022. The current disturbance may also be a sign of long term up-swing for the fund investors.
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Plumb Price Channel

Fifty Two Week Low28.52
Fifty Two Week High43.62

Plumb Balanced Relative Risk vs. Return Landscape

If you would invest  3,521  in Plumb Balanced on March 27, 2022 and sell it today you would lose (508.00)  from holding Plumb Balanced or give up 14.43% of portfolio value over 90 days. Plumb Balanced is currently producing negative expected returns and takes up 1.655% volatility of returns over 90 trading days. Put another way, 14% of traded mutual funds are less volatile than Plumb, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Plumb Balanced is expected to under-perform the market. In addition to that, the company is 1.15 times more volatile than its market benchmark. It trades about -0.14 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of volatility.

Plumb Balanced Current Valuation

Undervalued
Today 29.19
Please note that Plumb Balanced's price fluctuation is very steady at this time.
Plumb Balanced holds a recent Real Value of $31.64 per share. The prevailing price of the fund is $29.19. At this time, the fund appears to be undervalued. We determine the value of Plumb Balanced from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued entities and dropping overvalued entities since, at some point, stock prices and their ongoing real values will merge together.
Our valuation method for Plumb Balanced is useful when determining the fair value of the Plumb mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Plumb Balanced. Since Plumb Balanced is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Plumb Mutual Fund. However, Plumb Balanced'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.
31.64
Real Value
33.30
Upside
Estimating the potential upside or downside of Plumb Balanced 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 Balanced more accurately as focusing exclusively on Plumb Balanced's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.4030.6032.79
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Hype
Prediction
LowEstimated ValueHigh
27.7129.3731.03
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Potential
Annual Dividend
LowIncome Per ShareHigh
0.050.050.05
Details

Plumb Balanced Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Plumb Balanced's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Plumb Balanced, and traders can use it to determine the average amount a Plumb Balanced'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 = -0.1435

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Negative ReturnsPLBBX
Estimated Market Risk
 1.66
  actual daily
 
 14 %
of total potential
 
1414
Expected Return
 -0.24
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.14
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 0 %
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00
Based on monthly moving average Plumb Balanced is performing at about 0% 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 Balanced by adding it to a well-diversified portfolio.

About Plumb Balanced Performance

To evaluate Plumb Balanced Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Plumb Balanced generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Plumb Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Plumb Balanced stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Plumb's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund invests in a diversified portfolio of common stocks and fixed income securities. Plumb Balanced is traded on NASDAQ Exchange in the United States.

Things to note about Plumb Balanced

Checking the ongoing alerts about Plumb Balanced for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Plumb Balanced help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Plumb Balanced Alerts

Equity Alerts and Improvement Suggestions

Plumb Balanced generated a negative expected return over the last 90 days
Please check Your Equity Center. Note that the Plumb Balanced information on this page should be used as a complementary analysis to other Plumb Balanced's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Plumb Balanced price analysis, check to measure Plumb Balanced's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plumb Balanced is operating at the current time. Most of Plumb Balanced's value examination focuses on studying past and present price action to predict the probability of Plumb Balanced's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Plumb Balanced's price. Additionally, you may evaluate how the addition of Plumb Balanced to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Plumb Balanced's value and its price as these two are different measures arrived at by different means. Investors typically determine Plumb Balanced value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plumb Balanced's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.