Portfolio 21 Global Fund Market Value
| PORIX Fund | USD 54.62 0.97 1.81% |
| Symbol | Portfolio |
Portfolio '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 Portfolio'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 Portfolio.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Portfolio on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Portfolio 21 Global or generate 0.0% return on investment in Portfolio over 90 days. Portfolio is related to or competes with Pax Small, John Hancock, Pax Global, Portfolio, and Community Reinvestment. Under normal conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in equity securities of small and mid-sized companies that meet Trilliums Environmental, Social, and Governance criteria. More
Portfolio 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 Portfolio'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 Portfolio 21 Global upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.8 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.36 |
Portfolio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Portfolio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Portfolio's standard deviation. In reality, there are many statistical measures that can use Portfolio historical prices to predict the future Portfolio's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.31) |
Portfolio 21 Global Backtested Returns
Portfolio 21 Global maintains Sharpe Ratio (i.e., Efficiency) of -0.0569, which implies the entity had a -0.0569 % return per unit of risk over the last 3 months. Portfolio 21 Global exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Portfolio's Risk Adjusted Performance of (0.13), coefficient of variation of (665.67), and Variance of 2.2 to confirm the risk estimate we provide. The fund holds a Beta of 0.76, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Portfolio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Portfolio is expected to be smaller as well.
Auto-correlation | -0.47 |
Modest reverse predictability
Portfolio 21 Global has modest reverse predictability. Overlapping area represents the amount of predictability between Portfolio time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Portfolio 21 Global price movement. The serial correlation of -0.47 indicates that about 47.0% of current Portfolio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Portfolio 21 Global lagged returns against current returns
Autocorrelation, which is Portfolio 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 Portfolio's mutual fund expected returns. We can calculate the autocorrelation of Portfolio returns to help us make a trade decision. For example, suppose you find that Portfolio 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 |
Portfolio 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 Portfolio mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Portfolio mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Portfolio mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Portfolio Lagged Returns
When evaluating Portfolio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Portfolio mutual fund have on its future price. Portfolio 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, Portfolio autocorrelation shows the relationship between Portfolio mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Portfolio 21 Global.
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 Portfolio Mutual Fund
Portfolio financial ratios help investors to determine whether Portfolio 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 Portfolio with respect to the benefits of owning Portfolio security.
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