Midcap Fund Institutional Fund Market Value
| PCBIX Fund | USD 43.72 0.26 0.59% |
| Symbol | Midcap |
Midcap Fund '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 Midcap Fund'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 Midcap Fund.
| 12/22/2024 |
| 03/22/2025 |
If you would invest 0.00 in Midcap Fund on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Midcap Fund Institutional or generate 0.0% return on investment in Midcap Fund over 90 days. Midcap Fund is related to or competes with Aqr Diversified, Mfs Diversified, Diversified Bond, Wealthbuilder Conservative, Timothy Plan, Harbor Diversified, and Global Diversified. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Midcap Fund 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 Midcap Fund'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 Midcap Fund Institutional upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0106 | |||
| Maximum Drawdown | 3.73 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 1.56 |
Midcap Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Midcap Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Midcap Fund's standard deviation. In reality, there are many statistical measures that can use Midcap Fund historical prices to predict the future Midcap Fund's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.0202 | |||
| Treynor Ratio | (3.13) |
Midcap Fund Institutional Backtested Returns
Midcap Fund Institutional has Sharpe Ratio of -0.0461, which conveys that the entity had a -0.0461 % return per unit of risk over the last 3 months. Midcap Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Midcap Fund's Risk Adjusted Performance of (0.04), standard deviation of 1.01, and Mean Deviation of 0.8049 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.0181, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Midcap Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Midcap Fund is expected to be smaller as well.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Midcap Fund Institutional has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Midcap Fund time series from 22nd of December 2024 to 5th of February 2025 and 5th of February 2025 to 22nd 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 Midcap Fund Institutional price movement. The serial correlation of -0.73 indicates that around 73.0% of current Midcap Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 1.87 |
Midcap Fund Institutional lagged returns against current returns
Autocorrelation, which is Midcap Fund 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 Midcap Fund's mutual fund expected returns. We can calculate the autocorrelation of Midcap Fund returns to help us make a trade decision. For example, suppose you find that Midcap Fund 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 |
Midcap Fund 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 Midcap Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Midcap Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Midcap Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Midcap Fund Lagged Returns
When evaluating Midcap Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Midcap Fund mutual fund have on its future price. Midcap Fund 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, Midcap Fund autocorrelation shows the relationship between Midcap Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Midcap Fund Institutional.
Regressed Prices |
| Timeline |
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Other Information on Investing in Midcap Mutual Fund
Midcap Fund financial ratios help investors to determine whether Midcap 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 Midcap with respect to the benefits of owning Midcap Fund security.
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