PFRNX Mutual Fund Manager Performance Evaluation

PFRNX -  USA Fund  

USD 9.70  0.01  0.10%

The fund holds a Beta of 0.0083, which implies not very significant fluctuations relative to the market. Let's try to break down what PFRNX's beta means in this case. As returns on the market increase, Penn Capital returns are expected to increase less than the market. However, during the bear market, the loss on holding Penn Capital will be expected to be smaller as well. Although it is extremely important to respect Penn Capital Defensive current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy 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 analyzing Penn Capital Defensive technical indicators, you can presently evaluate if the expected return of 0.0097% will be sustainable into the future.

PFRNX Mutual Fund Performance 

 
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 PFRNX Performance
9 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Penn Capital Defensive are ranked lower than 9 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Penn Capital is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low9.48
Fifty Two Week High9.76
Annual Report Expense Ratio0.64%

Penn Capital Relative Risk vs. Return Landscape

If you would invest  964.00  in Penn Capital Defensive on July 20, 2021 and sell it today you would earn a total of  6.00  from holding Penn Capital Defensive or generate 0.62% return on investment over 90 days. Penn Capital Defensive is currently producing 0.0097% returns and takes up 0.0753% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than PFRNX, 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 Penn Capital is expected to generate 3.88 times less return on investment than the market. But when comparing it to its historical volatility, the company is 9.56 times less risky than the market. It trades about 0.13 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 of returns per unit of risk over similar time horizon.

Penn Capital Current Valuation

Fairly Valued
Today
9.70
18th of October 2021
Share
Please note that Penn Capital's price fluctuation is very steady at this time.
Penn Capital Defensive holds a recent Real Value of $9.69 per share. The prevailing price of the fund is $9.7. At this time, the fund appears to be fairly valued. We determine the value of Penn Capital Defensive 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 Penn Capital Defensive is useful when determining the fair value of the PFRNX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Penn Capital. Since Penn Capital is currently traded on the exchange, buyers and sellers on that exchange determine the market value of PFRNX Mutual Fund. However, Penn Capital'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.
9.69
Real Value
9.77
Upside
Estimating the potential upside or downside of Penn Capital Defensive helps investors to forecast how PFRNX 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 Penn Capital more accurately as focusing exclusively on Penn Capital's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
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9.689.699.71
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Prediction
LowEstimated ValueHigh
9.629.709.78
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Potential
Annual Dividend
LowIncome Per ShareHigh
0.220.220.22
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Penn Capital Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Penn Capital's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Penn Capital Defensive, and traders can use it to determine the average amount a Penn Capital'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 = 0.1292

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Based on monthly moving average Penn Capital is performing at about 9% 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 Penn Capital by adding it to a well-diversified portfolio.

About Penn Capital Performance

To evaluate Penn Capital Defensive 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 Penn Capital 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 PFRNX 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 Penn Capital Defensive 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 PFRNX'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 achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in floating rate senior secured loans, floating rate senior corporate debt and other floating rate senior instruments. Penn Capital is traded on NASDAQ Exchange in the United States.

Things to note about Penn Capital Defensive

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

Penn Capital Alerts

Equity Alerts and Improvement Suggestions

Penn Capital is unlikely to experience financial distress in the next 2 years
On 30th of September 2021 Penn Capital paid $ 0.0231 per share dividend to its current shareholders
Latest headline from www.dividendinvestor.com: NASDAQPFRNX Floating Rate Income Fd Instl ClPenn Capital Funds Trust Dividend Announcement 0.0231 per share - Dividend Investor
The fund maintains about 95.42% of its assets in bonds
Please check Your Equity Center. Note that the Penn Capital Defensive information on this page should be used as a complementary analysis to other Penn Capital'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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