Plumb Balanced Fund Market Value

PLABX Fund  USD 41.06  0.38  0.93%   
Plumb Balanced's market value is the price at which a share of Plumb Balanced trades on a public exchange. It measures the collective expectations of Plumb Balanced investors about its performance. Plumb Balanced is trading at 41.06 as of the 13th of December 2024; that is 0.93 percent up since the beginning of the trading day. The fund's open price was 40.68.
With this module, you can estimate the performance of a buy and hold strategy of Plumb Balanced and determine expected loss or profit from investing in Plumb Balanced over a given investment horizon. Check out Plumb Balanced Correlation, Plumb Balanced Volatility and Plumb Balanced Alpha and Beta module to complement your research on Plumb Balanced.
Symbol

Please note, there is a significant difference between Plumb Balanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plumb Balanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plumb Balanced'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.

Plumb Balanced '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 Plumb Balanced'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 Plumb Balanced.
0.00
11/13/2024
No Change 0.00  0.0 
In 31 days
12/13/2024
0.00
If you would invest  0.00  in Plumb Balanced on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Plumb Balanced or generate 0.0% return on investment in Plumb Balanced over 30 days. Plumb Balanced is related to or competes with Plumb Equity, Value Line, Sit Balanced, Performance Trust, and Columbia Balanced. The fund invests in a diversified portfolio of common stocks and fixed income securities More

Plumb Balanced 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 Plumb Balanced'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 Plumb Balanced upside and downside potential and time the market with a certain degree of confidence.

Plumb Balanced Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Plumb Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plumb Balanced's standard deviation. In reality, there are many statistical measures that can use Plumb Balanced historical prices to predict the future Plumb Balanced's volatility.
Hype
Prediction
LowEstimatedHigh
40.4941.0641.63
Details
Intrinsic
Valuation
LowRealHigh
40.2140.7841.35
Details
Naive
Forecast
LowNextHigh
40.1840.7541.32
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
38.9840.2441.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Plumb Balanced. Your research has to be compared to or analyzed against Plumb Balanced's peers to derive any actionable benefits. When done correctly, Plumb Balanced'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 Plumb Balanced.

Plumb Balanced Backtested Returns

At this stage we consider Plumb Mutual Fund to be very steady. Plumb Balanced maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Plumb Balanced, which you can use to evaluate the volatility of the fund. Please check Plumb Balanced's Semi Deviation of 0.3334, coefficient of variation of 497.36, and Risk Adjusted Performance of 0.1436 to confirm if the risk estimate we provide is consistent with the expected return of 0.0874%. The fund holds a Beta of 0.0997, which implies not very significant fluctuations relative to the market. As returns on the market increase, Plumb Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Plumb Balanced is expected to be smaller as well.

Auto-correlation

    
  -0.32  

Poor reverse predictability

Plumb Balanced has poor reverse predictability. Overlapping area represents the amount of predictability between Plumb Balanced time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Plumb Balanced price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Plumb Balanced price fluctuation can be explain by its past prices.
Correlation Coefficient-0.32
Spearman Rank Test-0.13
Residual Average0.0
Price Variance0.02

Plumb Balanced lagged returns against current returns

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

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

Plumb Balanced Lagged Returns

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

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Other Information on Investing in Plumb Mutual Fund

Plumb Balanced financial ratios help investors to determine whether Plumb 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 Plumb with respect to the benefits of owning Plumb Balanced security.
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