Polen Small Fund Market Value
| PBSRX Fund | USD 14.84 0.13 0.87% |
| Symbol | Polen |
Polen Small '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 Small'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 Polen Small.
| 09/29/2024 |
| 12/28/2024 |
If you would invest 0.00 in Polen Small on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Polen Small or generate 0.0% return on investment in Polen Small over 90 days. Polen Small 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 Small 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 Small'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 Polen Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | 0.0694 | |||
| Maximum Drawdown | 9.65 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 2.16 |
Polen Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polen Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polen Small's standard deviation. In reality, there are many statistical measures that can use Polen Small historical prices to predict the future Polen Small's volatility.| Risk Adjusted Performance | 0.0788 | |||
| Jensen Alpha | 0.1036 | |||
| Total Risk Alpha | 0.0765 | |||
| Sortino Ratio | 0.0694 | |||
| Treynor Ratio | 0.2674 |
Polen Small Backtested Returns
At this stage we consider Polen Mutual Fund to be very steady. Polen Small maintains Sharpe Ratio (i.e., Efficiency) of 0.0706, which implies the entity had a 0.0706% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Polen Small, which you can use to evaluate the volatility of the fund. Please check Polen Small's Coefficient Of Variation of 1064.24, semi deviation of 1.12, and Risk Adjusted Performance of 0.0788 to confirm if the risk estimate we provide is consistent with the expected return of 0.0929%. The fund holds a Beta of 0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Polen Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Polen Small is expected to be smaller as well.
Auto-correlation | -0.36 |
Poor reverse predictability
Polen Small has poor reverse predictability. Overlapping area represents the amount of predictability between Polen Small time series from 29th of September 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Polen Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Polen Small lagged returns against current returns
Autocorrelation, which is Polen Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Polen Small returns to help us make a trade decision. For example, suppose you find that Polen Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polen Small 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 Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Polen Small Lagged Returns
When evaluating Polen Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Polen Small mutual fund have on its future price. Polen Small 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 Small autocorrelation shows the relationship between Polen Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Polen Small.
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 Small 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 Small security.
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