Paydenkravitz Cash Balance Fund Market Value

PKCBX Fund  USD 10.30  0.01  0.1%   
Payden/kravitz Cash's market value is the price at which a share of Payden/kravitz Cash trades on a public exchange. It measures the collective expectations of Paydenkravitz Cash Balance investors about its performance. Payden/kravitz Cash is trading at 10.30 as of the 5th of December 2024; that is 0.1% up since the beginning of the trading day. The fund's open price was 10.29.
With this module, you can estimate the performance of a buy and hold strategy of Paydenkravitz Cash Balance and determine expected loss or profit from investing in Payden/kravitz Cash over a given investment horizon. Check out Payden/kravitz Cash Correlation, Payden/kravitz Cash Volatility and Payden/kravitz Cash Alpha and Beta module to complement your research on Payden/kravitz Cash.
Symbol

Please note, there is a significant difference between Payden/kravitz Cash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Payden/kravitz Cash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Payden/kravitz Cash's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Payden/kravitz Cash '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 Payden/kravitz Cash'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 Payden/kravitz Cash.
0.00
12/16/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/05/2024
0.00
If you would invest  0.00  in Payden/kravitz Cash on December 16, 2022 and sell it all today you would earn a total of 0.00 from holding Paydenkravitz Cash Balance or generate 0.0% return on investment in Payden/kravitz Cash over 720 days. Payden/kravitz Cash is related to or competes with Payden Corporate, Payden Absolute, Payden Absolute, Payden Emerging, Payden Regal, Payden Core, and Payden Emerging. The fund is designed as an investment vehicle for cash balance pension plans More

Payden/kravitz Cash 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 Payden/kravitz Cash'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 Paydenkravitz Cash Balance upside and downside potential and time the market with a certain degree of confidence.

Payden/kravitz Cash Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Payden/kravitz Cash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Payden/kravitz Cash's standard deviation. In reality, there are many statistical measures that can use Payden/kravitz Cash historical prices to predict the future Payden/kravitz Cash's volatility.
Hype
Prediction
LowEstimatedHigh
10.2110.2910.37
Details
Intrinsic
Valuation
LowRealHigh
9.379.4511.32
Details
Naive
Forecast
LowNextHigh
10.2010.2810.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.2710.2710.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Payden/kravitz Cash. Your research has to be compared to or analyzed against Payden/kravitz Cash's peers to derive any actionable benefits. When done correctly, Payden/kravitz Cash's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Payden/kravitz Cash.

Payden/kravitz Cash Backtested Returns

At this stage we consider Payden/kravitz Mutual Fund to be very steady. Payden/kravitz Cash maintains Sharpe Ratio (i.e., Efficiency) of 0.36, which implies the entity had a 0.36% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Payden/kravitz Cash, which you can use to evaluate the volatility of the fund. Please check Payden/kravitz Cash's Risk Adjusted Performance of 0.1308, standard deviation of 0.0843, and Downside Deviation of 0.1277 to confirm if the risk estimate we provide is consistent with the expected return of 0.0296%. The fund holds a Beta of -0.0164, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Payden/kravitz Cash are expected to decrease at a much lower rate. During the bear market, Payden/kravitz Cash is likely to outperform the market.

Auto-correlation

    
  0.88  

Very good predictability

Paydenkravitz Cash Balance has very good predictability. Overlapping area represents the amount of predictability between Payden/kravitz Cash time series from 16th of December 2022 to 11th of December 2023 and 11th of December 2023 to 5th 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 Payden/kravitz Cash price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Payden/kravitz Cash price fluctuation can be explain by its past prices.
Correlation Coefficient0.88
Spearman Rank Test0.9
Residual Average0.0
Price Variance0.05

Payden/kravitz Cash lagged returns against current returns

Autocorrelation, which is Payden/kravitz Cash 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 Payden/kravitz Cash's mutual fund expected returns. We can calculate the autocorrelation of Payden/kravitz Cash returns to help us make a trade decision. For example, suppose you find that Payden/kravitz Cash 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  

Payden/kravitz Cash 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 Payden/kravitz Cash mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Payden/kravitz Cash mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Payden/kravitz Cash mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Payden/kravitz Cash Lagged Returns

When evaluating Payden/kravitz Cash's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Payden/kravitz Cash mutual fund have on its future price. Payden/kravitz Cash 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, Payden/kravitz Cash autocorrelation shows the relationship between Payden/kravitz Cash mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Paydenkravitz Cash Balance.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Payden/kravitz Mutual Fund

Payden/kravitz Cash financial ratios help investors to determine whether Payden/kravitz 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 Payden/kravitz with respect to the benefits of owning Payden/kravitz Cash security.
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