Pro Blend Servative Term Fund Market Value
| MNCIX Fund | USD 13.54 0.02 0.15% |
| Symbol | Pro |
Pro Blend 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pro Blend's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pro Blend.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Pro Blend on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Pro Blend Servative Term or generate 0.0% return on investment in Pro Blend over 720 days. Pro Blend is related to or competes with Ab High, T Rowe, Pace High, Metropolitan West, Siit High, Calvert High, and Morningstar Aggressive. The fund invests primarily in fixed income securities, including U.S More
Pro Blend Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pro Blend's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pro Blend Servative Term upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2543 | |||
| Information Ratio | (0.54) | |||
| Maximum Drawdown | 1.05 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.2956 |
Pro Blend Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pro Blend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pro Blend's standard deviation. In reality, there are many statistical measures that can use Pro Blend historical prices to predict the future Pro Blend's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.48) | |||
| Treynor Ratio | (0.13) |
Pro Blend Servative Backtested Returns
Pro Blend Servative maintains Sharpe Ratio (i.e., Efficiency) of -0.0247, which implies the entity had a -0.0247% return per unit of risk over the last 3 months. Pro Blend Servative exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pro Blend's Risk Adjusted Performance of (0.01), coefficient of variation of 6250.81, and Semi Deviation of 0.2138 to confirm the risk estimate we provide. The fund holds a Beta of 0.0503, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pro Blend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pro Blend is expected to be smaller as well.
Auto-correlation | 0.12 |
Insignificant predictability
Pro Blend Servative Term has insignificant predictability. Overlapping area represents the amount of predictability between Pro Blend time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pro Blend Servative price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Pro Blend price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Pro Blend Servative lagged returns against current returns
Autocorrelation, which is Pro Blend mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pro Blend's mutual fund expected returns. We can calculate the autocorrelation of Pro Blend returns to help us make a trade decision. For example, suppose you find that Pro Blend has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Pro Blend regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pro Blend mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pro Blend mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pro Blend mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pro Blend Lagged Returns
When evaluating Pro Blend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pro Blend mutual fund have on its future price. Pro Blend autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pro Blend autocorrelation shows the relationship between Pro Blend mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pro Blend Servative Term.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Pro Mutual Fund
Pro Blend financial ratios help investors to determine whether Pro Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pro with respect to the benefits of owning Pro Blend security.
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