Pfg Fidelity Institutional Fund Market Value
| PFFSX Fund | USD 15.40 0.14 0.92% |
| Symbol | Pfg |
Pfg Fidelity '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 Pfg Fidelity'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 Pfg Fidelity.
| 11/30/2024 |
| 12/30/2024 |
If you would invest 0.00 in Pfg Fidelity on November 30, 2024 and sell it all today you would earn a total of 0.00 from holding Pfg Fidelity Institutional or generate 0.0% return on investment in Pfg Fidelity over 30 days. Pfg Fidelity is related to or competes with Riskproreg, Riskproreg Pfg, Pfg American, and Riskproreg Tactical. The fund, under normal circumstances, will invest at least 80 percent of its net assets, plus any amounts of borrowing, ... More
Pfg Fidelity 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 Pfg Fidelity'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 Pfg Fidelity Institutional upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9336 | |||
| Information Ratio | 0.0653 | |||
| Maximum Drawdown | 6.63 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 1.23 |
Pfg Fidelity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pfg Fidelity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pfg Fidelity's standard deviation. In reality, there are many statistical measures that can use Pfg Fidelity historical prices to predict the future Pfg Fidelity's volatility.| Risk Adjusted Performance | 0.0839 | |||
| Jensen Alpha | 0.0722 | |||
| Total Risk Alpha | 0.0526 | |||
| Sortino Ratio | 0.0567 | |||
| Treynor Ratio | 0.5599 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pfg Fidelity'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.
Pfg Fidelity Institu Backtested Returns
At this stage we consider Pfg Mutual Fund to be very steady. Pfg Fidelity Institu maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pfg Fidelity Institu, which you can use to evaluate the volatility of the fund. Please check Pfg Fidelity's Risk Adjusted Performance of 0.0839, coefficient of variation of 951.89, and Semi Deviation of 0.6567 to confirm if the risk estimate we provide is consistent with the expected return of 0.0859%. The fund holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pfg Fidelity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pfg Fidelity is expected to be smaller as well.
Auto-correlation | -0.51 |
Good reverse predictability
Pfg Fidelity Institutional has good reverse predictability. Overlapping area represents the amount of predictability between Pfg Fidelity time series from 30th of November 2024 to 15th of December 2024 and 15th of December 2024 to 30th 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 Pfg Fidelity Institu price movement. The serial correlation of -0.51 indicates that about 51.0% of current Pfg Fidelity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Pfg Fidelity Institu lagged returns against current returns
Autocorrelation, which is Pfg Fidelity 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 Pfg Fidelity's mutual fund expected returns. We can calculate the autocorrelation of Pfg Fidelity returns to help us make a trade decision. For example, suppose you find that Pfg Fidelity 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 |
Pfg Fidelity 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 Pfg Fidelity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pfg Fidelity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pfg Fidelity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pfg Fidelity Lagged Returns
When evaluating Pfg Fidelity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pfg Fidelity mutual fund have on its future price. Pfg Fidelity 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, Pfg Fidelity autocorrelation shows the relationship between Pfg Fidelity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pfg Fidelity Institutional.
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 Pfg Mutual Fund
Pfg Fidelity financial ratios help investors to determine whether Pfg 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 Pfg with respect to the benefits of owning Pfg Fidelity security.
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