Pnc Balanced Allocation Fund Market Value
| PBLIX Fund | USD 12.99 0.02 0.15% |
| Symbol | Pnc |
Pnc Balanced '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 Pnc Balanced'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 Pnc Balanced.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Pnc Balanced on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Pnc Balanced Allocation or generate 0.0% return on investment in Pnc Balanced over 60 days. Pnc Balanced is related to or competes with Fulcrum Diversified, Lord Abbett, Northern Small, Tax Managed, Wells Fargo, Small Cap, and Wells Fargo. The fund is intended for investors seeking professional management of a comprehensive asset allocation strategy for reti... More
Pnc Balanced 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 Pnc Balanced'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 Pnc Balanced Allocation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.97 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 0.951 |
Pnc Balanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pnc Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pnc Balanced's standard deviation. In reality, there are many statistical measures that can use Pnc Balanced historical prices to predict the future Pnc Balanced's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.64) |
Pnc Balanced Allocation Backtested Returns
Pnc Balanced Allocation maintains Sharpe Ratio (i.e., Efficiency) of -0.0873, which implies the entity had a -0.0873% return per unit of risk over the last 3 months. Pnc Balanced Allocation exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pnc Balanced's Risk Adjusted Performance of (0.08), variance of 0.5134, and Coefficient Of Variation of (1,005) to confirm the risk estimate we provide. The fund holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pnc Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pnc Balanced is expected to be smaller as well.
Auto-correlation | -0.26 |
Weak reverse predictability
Pnc Balanced Allocation has weak reverse predictability. Overlapping area represents the amount of predictability between Pnc Balanced time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pnc Balanced Allocation price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Pnc Balanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Pnc Balanced Allocation lagged returns against current returns
Autocorrelation, which is Pnc Balanced 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 Pnc Balanced's mutual fund expected returns. We can calculate the autocorrelation of Pnc Balanced returns to help us make a trade decision. For example, suppose you find that Pnc Balanced 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 |
Pnc Balanced 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 Pnc Balanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pnc Balanced mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pnc Balanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pnc Balanced Lagged Returns
When evaluating Pnc Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pnc Balanced mutual fund have on its future price. Pnc Balanced 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, Pnc Balanced autocorrelation shows the relationship between Pnc Balanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pnc Balanced Allocation.
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.| S | SentinelOne | |
| CRM | Salesforce | |
| MSFT | Microsoft |
Other Information on Investing in Pnc Mutual Fund
Pnc Balanced financial ratios help investors to determine whether Pnc 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 Pnc with respect to the benefits of owning Pnc Balanced security.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |