Polen Small Fund Market Value
| PBSYX Fund | USD 14.13 0.42 2.89% |
| Symbol | Polen |
Polen Small '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 Small'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 Small.
| 03/09/2024 |
| 03/04/2025 |
If you would invest 0.00 in Polen Small on March 9, 2024 and sell it all today you would earn a total of 0.00 from holding Polen Small or generate 0.0% return on investment in Polen Small over 360 days. Polen Small is related to or competes with Ab Bond, Versatile Bond, Artisan High, Flexible Bond, Ambrus Core, Morningstar Defensive, and Multisector Bond. The fund typically invests in a focused portfolio of common stocks of small companies and, under normal circumstances, i... More
Polen Small 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 Small'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 Small upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 6.61 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 1.92 |
Polen Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polen Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polen Small's standard deviation. In reality, there are many statistical measures that can use Polen Small historical prices to predict the future Polen Small's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Polen Small's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Polen Small Backtested Returns
Polen Small maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies the entity had a -0.16 % return per unit of risk over the last 3 months. Polen Small exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Polen Small's Coefficient Of Variation of (669.91), variance of 1.61, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The fund holds a Beta of 0.95, which implies possible diversification benefits within a given portfolio. Polen Small returns are very sensitive to returns on the market. As the market goes up or down, Polen Small is expected to follow.
Auto-correlation | -0.32 |
Poor reverse predictability
Polen Small has poor reverse predictability. Overlapping area represents the amount of predictability between Polen Small time series from 9th of March 2024 to 5th of September 2024 and 5th of September 2024 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 Small price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Polen Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Polen Small lagged returns against current returns
Autocorrelation, which is Polen Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Polen Small returns to help us make a trade decision. For example, suppose you find that Polen Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polen Small 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 Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Polen Small Lagged Returns
When evaluating Polen Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Polen Small mutual fund have on its future price. Polen Small 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 Small autocorrelation shows the relationship between Polen Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Polen Small.
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 Small 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 Small security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |