Paydenkravitz Cash Balance Fund Market Value

PKCBX Fund  USD 10.34  0.02  0.19%   
Paydenkravitz Cash's market value is the price at which a share of Paydenkravitz Cash trades on a public exchange. It measures the collective expectations of Paydenkravitz Cash Balance investors about its performance. Paydenkravitz Cash is trading at 10.34 as of the 13th of December 2024; that is 0.19% up since the beginning of the trading day. The fund's open price was 10.32.
With this module, you can estimate the performance of a buy and hold strategy of Paydenkravitz Cash Balance and determine expected loss or profit from investing in Paydenkravitz Cash over a given investment horizon. Check out Paydenkravitz Cash Correlation, Paydenkravitz Cash Volatility and Paydenkravitz Cash Alpha and Beta module to complement your research on Paydenkravitz Cash.
Symbol

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

Paydenkravitz Cash '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 Paydenkravitz Cash'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 Paydenkravitz Cash.
0.00
06/16/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/13/2024
0.00
If you would invest  0.00  in Paydenkravitz Cash on June 16, 2024 and sell it all today you would earn a total of 0.00 from holding Paydenkravitz Cash Balance or generate 0.0% return on investment in Paydenkravitz Cash over 180 days. Paydenkravitz Cash is related to or competes with Payden Porate, Payden Absolute, Payden Absolute, Payden Emerging, Payden Regal, Payden E, and Payden Emerging. The fund is designed as an investment vehicle for cash balance pension plans More

Paydenkravitz Cash 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 Paydenkravitz Cash'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 Paydenkravitz Cash Balance upside and downside potential and time the market with a certain degree of confidence.

Paydenkravitz Cash Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Paydenkravitz Cash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Paydenkravitz Cash's standard deviation. In reality, there are many statistical measures that can use Paydenkravitz Cash historical prices to predict the future Paydenkravitz Cash's volatility.
Hype
Prediction
LowEstimatedHigh
10.2610.3410.42
Details
Intrinsic
Valuation
LowRealHigh
9.419.4911.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Paydenkravitz Cash. Your research has to be compared to or analyzed against Paydenkravitz Cash's peers to derive any actionable benefits. When done correctly, Paydenkravitz Cash's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Paydenkravitz Cash.

Paydenkravitz Cash Backtested Returns

At this stage we consider Paydenkravitz Mutual Fund to be very steady. Paydenkravitz Cash maintains Sharpe Ratio (i.e., Efficiency) of 0.4, which implies the entity had a 0.4% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Paydenkravitz Cash, which you can use to evaluate the volatility of the fund. Please check Paydenkravitz Cash's Standard Deviation of 0.0815, risk adjusted performance of 0.2382, and Downside Deviation of 0.1195 to confirm if the risk estimate we provide is consistent with the expected return of 0.0326%. The fund holds a Beta of -0.0272, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Paydenkravitz Cash are expected to decrease at a much lower rate. During the bear market, Paydenkravitz Cash is likely to outperform the market.

Auto-correlation

    
  0.91  

Excellent predictability

Paydenkravitz Cash Balance has excellent predictability. Overlapping area represents the amount of predictability between Paydenkravitz Cash time series from 16th of June 2024 to 14th of September 2024 and 14th of September 2024 to 13th 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 Paydenkravitz Cash price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Paydenkravitz Cash price fluctuation can be explain by its past prices.
Correlation Coefficient0.91
Spearman Rank Test0.92
Residual Average0.0
Price Variance0.0

Paydenkravitz Cash lagged returns against current returns

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

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

Paydenkravitz Cash Lagged Returns

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

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Other Information on Investing in Paydenkravitz Mutual Fund

Paydenkravitz Cash financial ratios help investors to determine whether Paydenkravitz 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 Paydenkravitz with respect to the benefits of owning Paydenkravitz Cash security.
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