Polen Smid Fund Market Value
| PBMIX Fund | USD 7.54 0.22 2.84% |
| Symbol | Polen |
Polen Smid '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 Smid'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 Smid.
| 12/04/2024 |
| 03/04/2025 |
If you would invest 0.00 in Polen Smid on December 4, 2024 and sell it all today you would earn a total of 0.00 from holding Polen Smid or generate 0.0% return on investment in Polen Smid over 90 days. Polen Smid is related to or competes with Madison Diversified, Stone Ridge, Blackrock Diversified, Wilmington Diversified, Massmutual Premier, Global Diversified, and Aqr Diversified. The fund typically invests in a focused portfolio of common stocks of small and mid-cap companies and, under normal circ... More
Polen Smid 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 Smid'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 Smid upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.15 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.62 |
Polen Smid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polen Smid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polen Smid's standard deviation. In reality, there are many statistical measures that can use Polen Smid historical prices to predict the future Polen Smid's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.6571 |
Polen Smid Backtested Returns
Polen Smid maintains Sharpe Ratio (i.e., Efficiency) of -0.22, which implies the entity had a -0.22 % return per unit of risk over the last 3 months. Polen Smid exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Polen Smid's Risk Adjusted Performance of (0.09), variance of 1.41, and Coefficient Of Variation of (780.28) to confirm the risk estimate we provide. The fund holds a Beta of -0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Polen Smid are expected to decrease at a much lower rate. During the bear market, Polen Smid is likely to outperform the market.
Auto-correlation | 0.53 |
Modest predictability
Polen Smid has modest predictability. Overlapping area represents the amount of predictability between Polen Smid time series from 4th of December 2024 to 18th of January 2025 and 18th of January 2025 to 4th of March 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 Polen Smid price movement. The serial correlation of 0.53 indicates that about 53.0% of current Polen Smid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Polen Smid lagged returns against current returns
Autocorrelation, which is Polen Smid 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 Smid's mutual fund expected returns. We can calculate the autocorrelation of Polen Smid returns to help us make a trade decision. For example, suppose you find that Polen Smid 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 Smid 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 Smid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polen Smid 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 Smid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Polen Smid Lagged Returns
When evaluating Polen Smid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Polen Smid mutual fund have on its future price. Polen Smid 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 Smid autocorrelation shows the relationship between Polen Smid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Polen Smid.
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 Polen Mutual Fund
Polen Smid 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 Smid security.
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