Stocksplus Total Return Fund Market Value
| PTOAX Fund | USD 12.50 0.13 1.05% |
| Symbol | Stocksplus |
Stocksplus Total '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 Stocksplus Total'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 Stocksplus Total.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Stocksplus Total on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Stocksplus Total Return or generate 0.0% return on investment in Stocksplus Total over 720 days. Stocksplus Total is related to or competes with Pimco Small, Pimco International, Fundamental Indexplus, and Pimco Stocksplus. The fund seeks to exceed the total return of the SP 500 Index by investing under normal circumstances in SP 500 Index de... More
Stocksplus Total 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 Stocksplus Total'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 Stocksplus Total Return upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.09 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.05 |
Stocksplus Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stocksplus Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stocksplus Total's standard deviation. In reality, there are many statistical measures that can use Stocksplus Total historical prices to predict the future Stocksplus Total's volatility.| Risk Adjusted Performance | 0.0059 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.01) |
Stocksplus Total Return Backtested Returns
At this stage we consider Stocksplus Mutual Fund to be very steady. Stocksplus Total Return owns Efficiency Ratio (i.e., Sharpe Ratio) of 1.0E-4, which indicates the fund had a 1.0E-4% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Stocksplus Total Return, which you can use to evaluate the volatility of the fund. Please validate Stocksplus Total's Risk Adjusted Performance of 0.0059, semi deviation of 1.14, and Coefficient Of Variation of 20198.51 to confirm if the risk estimate we provide is consistent with the expected return of 1.0E-4%. The entity has a beta of 0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Stocksplus Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding Stocksplus Total is expected to be smaller as well.
Auto-correlation | 0.74 |
Good predictability
Stocksplus Total Return has good predictability. Overlapping area represents the amount of predictability between Stocksplus Total time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Stocksplus Total Return price movement. The serial correlation of 0.74 indicates that around 74.0% of current Stocksplus Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
Stocksplus Total Return lagged returns against current returns
Autocorrelation, which is Stocksplus Total 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 Stocksplus Total's mutual fund expected returns. We can calculate the autocorrelation of Stocksplus Total returns to help us make a trade decision. For example, suppose you find that Stocksplus Total 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 |
Stocksplus Total 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 Stocksplus Total mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stocksplus Total mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stocksplus Total mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Stocksplus Total Lagged Returns
When evaluating Stocksplus Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stocksplus Total mutual fund have on its future price. Stocksplus Total 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, Stocksplus Total autocorrelation shows the relationship between Stocksplus Total mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Stocksplus Total Return.
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 Stocksplus Mutual Fund
Stocksplus Total financial ratios help investors to determine whether Stocksplus 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 Stocksplus with respect to the benefits of owning Stocksplus Total security.
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