Polen Small Pany Fund Market Value

PBSIX Fund  USD 16.33  0.15  0.93%   
Polen Us' market value is the price at which a share of Polen Us trades on a public exchange. It measures the collective expectations of Polen Small Pany investors about its performance. Polen Us is trading at 16.33 as of the 5th of December 2024; that is 0.93 percent up since the beginning of the trading day. The fund's open price was 16.18.
With this module, you can estimate the performance of a buy and hold strategy of Polen Small Pany and determine expected loss or profit from investing in Polen Us over a given investment horizon. Check out Polen Us Correlation, Polen Us Volatility and Polen Us Alpha and Beta module to complement your research on Polen Us.
Symbol

Please note, there is a significant difference between Polen Us' value and its price as these two are different measures arrived at by different means. Investors typically determine if Polen Us is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polen Us' 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.

Polen Us '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 Polen Us' 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 Polen Us.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in Polen Us on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Polen Small Pany or generate 0.0% return on investment in Polen Us over 30 days. Polen Us is related to or competes with Prnpl Inv, Polen Global, Polen Global, Polen International, Polen International, Polen Growth, and Polen Growth. The fund typically invests in a focused portfolio of common stocks of small companies and, under normal circumstances, i... More

Polen Us 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 Polen Us' 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 Polen Small Pany upside and downside potential and time the market with a certain degree of confidence.

Polen Us Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Polen Us' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polen Us' standard deviation. In reality, there are many statistical measures that can use Polen Us historical prices to predict the future Polen Us' volatility.
Hype
Prediction
LowEstimatedHigh
15.1616.3317.50
Details
Intrinsic
Valuation
LowRealHigh
15.6816.8518.02
Details

Polen Small Pany Backtested Returns

Polen Us appears to be very steady, given 3 months investment horizon. Polen Small Pany maintains Sharpe Ratio (i.e., Efficiency) of 0.27, which implies the entity had a 0.27% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Polen Small Pany, which you can use to evaluate the volatility of the fund. Please evaluate Polen Us' Semi Deviation of 0.6571, risk adjusted performance of 0.1604, and Coefficient Of Variation of 472.05 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of 1.34, 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, Polen Us will likely underperform.

Auto-correlation

    
  0.63  

Good predictability

Polen Small Pany has good predictability. Overlapping area represents the amount of predictability between Polen Us time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Polen Small Pany price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Polen Us price fluctuation can be explain by its past prices.
Correlation Coefficient0.63
Spearman Rank Test-0.05
Residual Average0.0
Price Variance0.07

Polen Small Pany lagged returns against current returns

Autocorrelation, which is Polen Us 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 Polen Us' mutual fund expected returns. We can calculate the autocorrelation of Polen Us returns to help us make a trade decision. For example, suppose you find that Polen Us 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  

Polen Us 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 Polen Us mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polen Us mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Polen Us mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Polen Us Lagged Returns

When evaluating Polen Us' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Polen Us mutual fund have on its future price. Polen Us 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, Polen Us autocorrelation shows the relationship between Polen Us mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Polen Small Pany.
   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 Polen Mutual Fund

Polen Us financial ratios help investors to determine whether Polen 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 Polen with respect to the benefits of owning Polen Us security.
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