PINNACLE Mutual Fund Manager Performance Evaluation

Mutual Funds . USA . 
Fund . PINNACLE SHERMAN MULTI-STRATEGY
APSHX Fund  USD 10.84  0.13  1.21%   
The fund holds a Beta of 0.6948, which implies possible diversification benefits within a given portfolio. Let's try to break down what PINNACLE's beta means in this case. As returns on the market increase, PINNACLE SHERMAN returns are expected to increase less than the market. However, during the bear market, the loss on holding PINNACLE SHERMAN will be expected to be smaller as well. Although it is important to respect PINNACLE SHERMAN MUL current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The approach towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting PINNACLE SHERMAN MUL technical indicators, you can now evaluate if the expected return of 0.0573% will be sustainable into the future.
  

PINNACLE Performance

5 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in PINNACLE SHERMAN MULTI STRATEGY are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical indicators, PINNACLE SHERMAN is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors.
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Cash pours into US money market funds as investors flee bank...03/16/2023
Fifty Two Week Low10.00
Fifty Two Week High14.80

PINNACLE SHERMAN Relative Risk vs. Return Landscape

If you would invest  1,047  in PINNACLE SHERMAN MULTI STRATEGY on March 6, 2023 and sell it today you would earn a total of  37.00  from holding PINNACLE SHERMAN MULTI STRATEGY or generate 3.53% return on investment over 90 days. PINNACLE SHERMAN MULTI STRATEGY is currently producing 0.0573% returns and takes up 0.7831% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than PINNACLE, 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 PINNACLE SHERMAN is expected to generate 0.83 times more return on investment than the market. However, the company is 1.2 times less risky than the market. It trades about 0.07 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.03 per unit of risk.

PINNACLE SHERMAN Current Valuation

Undervalued
Today 10.84
Please note that PINNACLE SHERMAN's price fluctuation is very steady at this time.
PINNACLE SHERMAN MUL holds a recent Real Value of $11.16 per share. The prevailing price of the fund is $10.84. At this time, the fund appears to be undervalued. We determine the value of PINNACLE SHERMAN MUL from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point future time, mutual fund prices and their ongoing real values will merge together.
Our valuation method for PINNACLE SHERMAN MULTI STRATEGY is useful when determining the fair value of the PINNACLE mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of PINNACLE SHERMAN. Since PINNACLE SHERMAN is currently traded on the exchange, buyers and sellers on that exchange determine the market value of PINNACLE Mutual Fund. However, PINNACLE SHERMAN'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.
The real value of a stock, also known as the intrinsic value, is the underlying worth of a company that is reflected in its stock price. It is based on the company's financial performance, assets, liabilities, growth prospects, management team, industry conditions, and other relevant factors. The real value of a stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, price-to-book ratio, and other valuation metrics. The real value of a stock 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 the stock's price. It is important to note that the real value of a stock is not a fixed number and may change over time based on changes in the company's performance and other relevant factors.
11.16
Real Value
11.94
Upside
Estimating the potential upside or downside of PINNACLE SHERMAN MULTI STRATEGY helps investors to forecast how PINNACLE 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 PINNACLE SHERMAN more accurately as focusing exclusively on PINNACLE SHERMAN's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.3210.6210.92
Details
Hype
Prediction
LowEstimatedHigh
10.0610.8411.62
Details
Naive
Forecast
LowNext ValueHigh
10.0410.8211.60
Details

PINNACLE SHERMAN Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for PINNACLE SHERMAN's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as PINNACLE SHERMAN MULTI STRATEGY, and traders can use it to determine the average amount a PINNACLE SHERMAN'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 = 0.0732

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Estimated Market Risk

 0.78
  actual daily
 6 
94% of assets are more volatile
66

Expected Return

 0.06
  actual daily
 1 
99% of assets have higher returns
11

Risk-Adjusted Return

 0.07
  actual daily
 5 
95% of assets perform better
55
Based on monthly moving average PINNACLE SHERMAN is performing at about 5% 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 PINNACLE SHERMAN by adding it to a well-diversified portfolio.

PINNACLE SHERMAN Fundamentals Growth

PINNACLE Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of PINNACLE SHERMAN, and PINNACLE SHERMAN 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 PINNACLE Mutual Fund performance.
Total Asset37.02 M

About PINNACLE SHERMAN Performance

To evaluate PINNACLE SHERMAN MUL 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 PINNACLE SHERMAN 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 PINNACLE 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 PINNACLE SHERMAN MUL market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents PINNACLE'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 seeks to meet its investment objective by investing, under normal market conditions, in all major asset classes including, but not limited to, foreign and domestic equity securities of all market capitalizations, fixed income securities of any credit quality, and cash and cash equivalents. Pinnacle Sherman is traded on NASDAQ Exchange in the United States.

Things to note about PINNACLE SHERMAN MUL performance evaluation

Checking the ongoing alerts about PINNACLE SHERMAN for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for PINNACLE SHERMAN MUL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
PINNACLE SHERMAN MUL is unlikely to experience financial distress in the next 2 years
The fund holds about 50.85% of its assets under management (AUM) in cash
Evaluating PINNACLE SHERMAN's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate PINNACLE SHERMAN's mutual fund performance include:
  • Analyzing PINNACLE SHERMAN'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 PINNACLE SHERMAN's stock is overvalued or undervalued compared to its peers.
  • Examining PINNACLE SHERMAN'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 PINNACLE SHERMAN's management team can have a significant impact on its success or failure. Reviewing the track record and experience of PINNACLE SHERMAN's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of PINNACLE SHERMAN's mutual fund. These opinions can provide insight into PINNACLE SHERMAN's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating PINNACLE SHERMAN's mutual fund performance is not an exact science, and many factors can impact PINNACLE SHERMAN's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PINNACLE SHERMAN MULTI STRATEGY. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. Note that the PINNACLE SHERMAN MUL information on this page should be used as a complementary analysis to other PINNACLE SHERMAN'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 the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for PINNACLE Mutual Fund analysis

When running PINNACLE SHERMAN's price analysis, check to measure PINNACLE SHERMAN'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 PINNACLE SHERMAN is operating at the current time. Most of PINNACLE SHERMAN's value examination focuses on studying past and present price action to predict the probability of PINNACLE SHERMAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PINNACLE SHERMAN's price. Additionally, you may evaluate how the addition of PINNACLE SHERMAN to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between PINNACLE SHERMAN's value and its price as these two are different measures arrived at by different means. Investors typically determine if PINNACLE SHERMAN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PINNACLE SHERMAN'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.
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