Polen Growth Fund Market Value
| POLRX Fund | USD 48.43 0.20 0.41% |
| Symbol | Polen |
Polen Growth '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 Growth'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 Growth.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Polen Growth on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Polen Growth Fund or generate 0.0% return on investment in Polen Growth over 720 days. Polen Growth is related to or competes with Polen Growth, Edgewood Growth, Akre Focus, Brown Advisory, and Polen Global. The fund typically invests in a focused portfolio of common stocks of large capitalization companies that, in the Advise... More
Polen Growth 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 Growth'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 Growth Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8851 | |||
| Information Ratio | 0.0231 | |||
| Maximum Drawdown | 4.47 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.29 |
Polen Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polen Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polen Growth's standard deviation. In reality, there are many statistical measures that can use Polen Growth historical prices to predict the future Polen Growth's volatility.| Risk Adjusted Performance | 0.142 | |||
| Jensen Alpha | 0.0475 | |||
| Total Risk Alpha | 0.005 | |||
| Sortino Ratio | 0.0223 | |||
| Treynor Ratio | 0.1883 |
Polen Growth Backtested Returns
At this stage we consider Polen Mutual Fund to be very steady. Polen Growth maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Polen Growth, which you can use to evaluate the volatility of the fund. Please check Polen Growth's Coefficient Of Variation of 542.12, risk adjusted performance of 0.142, and Semi Deviation of 0.6449 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. The fund holds a Beta of 0.78, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Polen Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Polen Growth is expected to be smaller as well.
Auto-correlation | 0.62 |
Good predictability
Polen Growth Fund has good predictability. Overlapping area represents the amount of predictability between Polen Growth time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Polen Growth price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Polen Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 3.2 |
Polen Growth lagged returns against current returns
Autocorrelation, which is Polen Growth 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 Growth's mutual fund expected returns. We can calculate the autocorrelation of Polen Growth returns to help us make a trade decision. For example, suppose you find that Polen Growth 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 Growth 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 Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polen Growth 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 Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Polen Growth Lagged Returns
When evaluating Polen Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Polen Growth mutual fund have on its future price. Polen Growth 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 Growth autocorrelation shows the relationship between Polen Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Polen Growth Fund.
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 Growth 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 Growth security.
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