Us Treasury Long Term Fund Market Value
| PRULX Fund | USD 7.53 0.06 0.80% |
| Symbol | PRULX |
Us Treasury '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 Us Treasury'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 Us Treasury.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Us Treasury on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Us Treasury Long Term or generate 0.0% return on investment in Us Treasury over 30 days. Us Treasury is related to or competes with T Rowe, T Rowe, T Rowe, T Rowe, T Rowe, T Rowe, and T Rowe. The fund seeks to track the investment returns of its benchmark index, the Bloomberg U.S More
Us Treasury 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 Us Treasury'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 Us Treasury Long Term upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 3.65 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.3 |
Us Treasury Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Us Treasury's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Us Treasury's standard deviation. In reality, there are many statistical measures that can use Us Treasury historical prices to predict the future Us Treasury's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.229 |
Us Treasury Long Backtested Returns
Us Treasury Long retains Efficiency (Sharpe Ratio) of -0.0587, which indicates the fund had a -0.0587% return per unit of price deviation over the last 3 months. Us Treasury exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Us Treasury's Mean Deviation of 0.6073, risk adjusted performance of (0.04), and Standard Deviation of 0.7958 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Us Treasury are expected to decrease at a much lower rate. During the bear market, Us Treasury is likely to outperform the market.
Auto-correlation | -0.32 |
Poor reverse predictability
Us Treasury Long Term has poor reverse predictability. Overlapping area represents the amount of predictability between Us Treasury time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Us Treasury Long price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Us Treasury price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Us Treasury Long lagged returns against current returns
Autocorrelation, which is Us Treasury 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 Us Treasury's mutual fund expected returns. We can calculate the autocorrelation of Us Treasury returns to help us make a trade decision. For example, suppose you find that Us Treasury 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 |
Us Treasury 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 Us Treasury mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Us Treasury mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Us Treasury mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Us Treasury Lagged Returns
When evaluating Us Treasury's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Us Treasury mutual fund have on its future price. Us Treasury 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, Us Treasury autocorrelation shows the relationship between Us Treasury mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Us Treasury Long Term.
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 PRULX Mutual Fund
Us Treasury financial ratios help investors to determine whether PRULX 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 PRULX with respect to the benefits of owning Us Treasury security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |