Pace Large Growth Fund Manager Performance Evaluation
| PLAAX Fund | USD 14.76 0.13 0.89% |
The fund holds a Beta of 1.15, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pace Large will likely underperform.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Pace Large Growth are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Pace Large is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | APC denied funding from growth fund for Waterfort Plaza project - Curacao Chronicle | 01/26/2024 |
2 | State Property Fund is preparing to sell Ukraina Hotel and Ocean Plaza shopping center - Ukraine open for business | 02/21/2024 |
| Expense Ratio Date | 28th of November 2022 | |
| Expense Ratio | 1.1300 |
Pace |
Pace Large Relative Risk vs. Return Landscape
If you would invest 1,433 in Pace Large Growth on January 24, 2024 and sell it today you would earn a total of 43.00 from holding Pace Large Growth or generate 3.0% return on investment over 90 days. Pace Large Growth is currently producing 0.0544% returns and takes up 1.1722% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Pace, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Pace Large Current Valuation
Fairly Valued
Today
Please note that Pace Large's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Pace Large Growth holds a recent Real Value of $14.83 per share. The prevailing price of the fund is $14.76. We determine the value of Pace Large Growth from analyzing 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, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Pace Large Growth is useful when determining the fair value of the Pace mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Pace Large. Since Pace Large is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pace Mutual Fund. However, Pace Large'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. | Historical | Market 14.76 | Real 14.83 | Hype 14.76 |
The real value of Pace Mutual Fund, also known as its intrinsic value, is the underlying worth of Pace Large Growth Mutual Fund, which is reflected in its stock price. It is based on Pace Large's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Pace Large's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value 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 Pace Large's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Pace Large Growth helps investors to forecast how Pace 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 Pace Large more accurately as focusing exclusively on Pace Large's fundamentals will not take into account other important factors: Pace Large Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pace Large's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Pace Large Growth, and traders can use it to determine the average amount a Pace Large'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 = 0.0464
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| Cash | PLAAX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Pace Large is performing at about 3% 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 Pace Large by adding it to a well-diversified portfolio.
Pace Large Fundamentals Growth
Pace Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Pace Large, and Pace Large 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 Pace Mutual Fund performance.
| Price To Earning | 27.25 X | ||||
| Price To Book | 3.93 X | ||||
| Price To Sales | 3.51 X | ||||
| Total Asset | 42.39 M | ||||
About Pace Large Performance
To evaluate Pace Large Growth 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 Pace Large 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 Pace 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 Pace Large Growth market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Pace'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 primarily in stocks of companies that are believed to have substantial potential for capital growth. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities issued by large capitalization companies. It may invest up to 20 percent of its total assets in non-U.S. securities, which may trade either within or outside the U.S.Things to note about Pace Large Growth performance evaluation
Checking the ongoing alerts about Pace Large for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Pace Large Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Pace Large's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Pace Large's mutual fund performance include:- Analyzing Pace Large'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 Pace Large's stock is overvalued or undervalued compared to its peers.
- Examining Pace Large'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 Pace Large's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pace Large's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Pace Large's mutual fund. These opinions can provide insight into Pace Large's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pace Large Growth. 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 nation. Note that the Pace Large Growth information on this page should be used as a complementary analysis to other Pace Large'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.