Polen International Growth Fund Market Value

POIIX Fund  USD 16.67  0.07  0.42%   
Polen International's market value is the price at which a share of Polen International trades on a public exchange. It measures the collective expectations of Polen International Growth investors about its performance. Polen International is trading at 16.67 as of the 9th of December 2024; that is 0.42 percent up since the beginning of the trading day. The fund's open price was 16.6.
With this module, you can estimate the performance of a buy and hold strategy of Polen International Growth and determine expected loss or profit from investing in Polen International over a given investment horizon. Check out Polen International Correlation, Polen International Volatility and Polen International Alpha and Beta module to complement your research on Polen International.
Symbol

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

Polen International '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 International'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 International.
0.00
12/20/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/09/2024
0.00
If you would invest  0.00  in Polen International on December 20, 2022 and sell it all today you would earn a total of 0.00 from holding Polen International Growth or generate 0.0% return on investment in Polen International over 720 days. Polen International is related to or competes with Polen Growth, Congress Mid, Polen Global, Zacks Dividend, and Polen Us. The fund typically invests in a focused portfolio of approximately 25 to 35 common stocks of large capitalization compan... More

Polen International 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 International'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 International Growth upside and downside potential and time the market with a certain degree of confidence.

Polen International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Polen International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polen International's standard deviation. In reality, there are many statistical measures that can use Polen International historical prices to predict the future Polen International's volatility.
Hype
Prediction
LowEstimatedHigh
15.8616.6717.48
Details
Intrinsic
Valuation
LowRealHigh
15.7816.5917.40
Details
Naive
Forecast
LowNextHigh
15.9416.7617.57
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.1416.4716.79
Details

Polen International Backtested Returns

At this stage we consider Polen Mutual Fund to be very steady. Polen International maintains Sharpe Ratio (i.e., Efficiency) of 0.053, which implies the entity had a 0.053% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Polen International, which you can use to evaluate the volatility of the fund. Please check Polen International's Coefficient Of Variation of 5136.21, semi deviation of 0.8, and Risk Adjusted Performance of 0.0155 to confirm if the risk estimate we provide is consistent with the expected return of 0.0431%. The fund holds a Beta of 0.61, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Polen International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Polen International is expected to be smaller as well.

Auto-correlation

    
  -0.14  

Insignificant reverse predictability

Polen International Growth has insignificant reverse predictability. Overlapping area represents the amount of predictability between Polen International time series from 20th of December 2022 to 15th of December 2023 and 15th of December 2023 to 9th 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 International price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Polen International price fluctuation can be explain by its past prices.
Correlation Coefficient-0.14
Spearman Rank Test-0.1
Residual Average0.0
Price Variance0.13

Polen International lagged returns against current returns

Autocorrelation, which is Polen International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Polen International returns to help us make a trade decision. For example, suppose you find that Polen International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polen International 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 International mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Polen International Lagged Returns

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

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Other Information on Investing in Polen Mutual Fund

Polen International 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 International security.
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