Prnpl Inv Fd Fund Market Value

PGEIX Fund  USD 8.56  0.01  0.12%   
Prnpl Inv's market value is the price at which a share of Prnpl Inv trades on a public exchange. It measures the collective expectations of Prnpl Inv Fd investors about its performance. Prnpl Inv is trading at 8.56 as of the 5th of December 2024; that is 0.12 percent decrease since the beginning of the trading day. The fund's open price was 8.57.
With this module, you can estimate the performance of a buy and hold strategy of Prnpl Inv Fd and determine expected loss or profit from investing in Prnpl Inv over a given investment horizon. Check out Prnpl Inv Correlation, Prnpl Inv Volatility and Prnpl Inv Alpha and Beta module to complement your research on Prnpl Inv.
Symbol

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

Prnpl Inv '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 Prnpl Inv'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 Prnpl Inv.
0.00
01/15/2023
No Change 0.00  0.0 
In 1 year 10 months and 21 days
12/05/2024
0.00
If you would invest  0.00  in Prnpl Inv on January 15, 2023 and sell it all today you would earn a total of 0.00 from holding Prnpl Inv Fd or generate 0.0% return on investment in Prnpl Inv over 690 days. Prnpl Inv is related to or competes with Polen Global, Polen Global, Polen International, Polen International, Polen Growth, Polen Growth, and Ddj Opportunistic. Normally, the fund invests at least 80 percent of its net assets at the time of initial purchase, in equity or equity-re... More

Prnpl Inv 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 Prnpl Inv'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 Prnpl Inv Fd upside and downside potential and time the market with a certain degree of confidence.

Prnpl Inv Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Prnpl Inv's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prnpl Inv's standard deviation. In reality, there are many statistical measures that can use Prnpl Inv historical prices to predict the future Prnpl Inv's volatility.
Hype
Prediction
LowEstimatedHigh
7.378.569.75
Details
Intrinsic
Valuation
LowRealHigh
7.318.509.69
Details
Naive
Forecast
LowNextHigh
7.248.439.63
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.478.528.57
Details

Prnpl Inv Fd Backtested Returns

At this stage we consider Prnpl Mutual Fund to be not too volatile. Prnpl Inv Fd maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Prnpl Inv Fd, which you can use to evaluate the volatility of the fund. Please check Prnpl Inv's Semi Deviation of 0.8278, risk adjusted performance of 0.09, and Coefficient Of Variation of 857.29 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. The fund holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Prnpl Inv are expected to decrease at a much lower rate. During the bear market, Prnpl Inv is likely to outperform the market.

Auto-correlation

    
  -0.28  

Weak reverse predictability

Prnpl Inv Fd has weak reverse predictability. Overlapping area represents the amount of predictability between Prnpl Inv time series from 15th of January 2023 to 26th of December 2023 and 26th of December 2023 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 Prnpl Inv Fd price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Prnpl Inv price fluctuation can be explain by its past prices.
Correlation Coefficient-0.28
Spearman Rank Test-0.18
Residual Average0.0
Price Variance0.09

Prnpl Inv Fd lagged returns against current returns

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

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

Prnpl Inv Lagged Returns

When evaluating Prnpl Inv's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prnpl Inv mutual fund have on its future price. Prnpl Inv 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, Prnpl Inv autocorrelation shows the relationship between Prnpl Inv mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Prnpl Inv Fd.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Prnpl Mutual Fund

Prnpl Inv financial ratios help investors to determine whether Prnpl 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 Prnpl with respect to the benefits of owning Prnpl Inv security.
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