1290 Unconstrained Bond Fund Manager Performance Evaluation
The entity owns a Beta (Systematic Risk) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 1290 Unconstrained's returns are expected to increase less than the market. However, during the bear market, the loss of holding 1290 Unconstrained is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days 1290 Unconstrained Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, 1290 Unconstrained is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.5000 |
1290 |
1290 Unconstrained Relative Risk vs. Return Landscape
If you would invest 846.00 in 1290 Unconstrained Bond on February 26, 2024 and sell it today you would earn a total of 0.00 from holding 1290 Unconstrained Bond or generate 0.0% return on investment over 90 days. 1290 Unconstrained Bond is currently producing 0.0023% returns and takes up 0.6845% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than 1290, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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1290 Unconstrained Current Valuation
Fairly Valued
Today
Please note that 1290 Unconstrained's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. 1290 Unconstrained Bond owns a latest Real Value of $8.44 per share. The recent price of the fund is $8.46. We determine the value of 1290 Unconstrained Bond from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, sooner or later, mutual fund prices and their ongoing real values will grow together.
Our valuation method for 1290 Unconstrained Bond is useful when determining the fair value of the 1290 mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of 1290 Unconstrained. Since 1290 Unconstrained is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 1290 Mutual Fund. However, 1290 Unconstrained'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 8.46 | Real 8.44 | Hype 8.45 | Naive 8.36 |
The real value of 1290 Mutual Fund, also known as its intrinsic value, is the underlying worth of 1290 Unconstrained Bond Mutual Fund, which is reflected in its stock price. It is based on 1290 Unconstrained's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of 1290 Unconstrained'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 1290 Unconstrained'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 1290 Unconstrained Bond helps investors to forecast how 1290 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 1290 Unconstrained more accurately as focusing exclusively on 1290 Unconstrained's fundamentals will not take into account other important factors: 1290 Unconstrained Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1290 Unconstrained's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as 1290 Unconstrained Bond, and traders can use it to determine the average amount a 1290 Unconstrained'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 = 0.0034
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| Negative Returns | TNUIX |
Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 1290 Unconstrained is not performing at its full potential. However, 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 1290 Unconstrained by adding 1290 Unconstrained to a well-diversified portfolio.
1290 Unconstrained Fundamentals Growth
1290 Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of 1290 Unconstrained, and 1290 Unconstrained 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 1290 Mutual Fund performance.
| Price To Earning | 16.03 X | ||||
| Price To Book | 1.48 X | ||||
| Price To Sales | 1.03 X | ||||
| Total Asset | 641.24 M | ||||
About 1290 Unconstrained Performance
To evaluate 1290 Unconstrained Bond 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 1290 Unconstrained 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 1290 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 1290 Unconstrained Bond market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents 1290'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.Under normal circumstances, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in a diversified portfolio of U.S. and foreign bonds or other debt securities of varying maturities and other instruments that provide investment exposure to such debt securities, including forwards or derivatives such as options, futures contracts or swap agreements. 1290 Diversified is traded on NASDAQ Exchange in the United States.Things to note about 1290 Unconstrained Bond performance evaluation
Checking the ongoing alerts about 1290 Unconstrained for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for 1290 Unconstrained Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -5.0% | |
| 1290 Unconstrained Bond maintains about 24.85% of its assets in bonds |
- Analyzing 1290 Unconstrained'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 1290 Unconstrained's stock is overvalued or undervalued compared to its peers.
- Examining 1290 Unconstrained'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 1290 Unconstrained's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 1290 Unconstrained's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of 1290 Unconstrained's mutual fund. These opinions can provide insight into 1290 Unconstrained's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1290 Unconstrained Bond. 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. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.