Short Term Treasury Portfolio Fund Market Value
| PRTBX Fund | USD 65.74 0.04 0.06% |
| Symbol | Short-term |
Short-term Treasury '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 Short-term Treasury'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 Short-term Treasury.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Short-term Treasury on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Short Term Treasury Portfolio or generate 0.0% return on investment in Short-term Treasury over 90 days. Short-term Treasury is related to or competes with Versatile Bond, Aggressive Growth, Permanent Portfolio, Payden Limited, and Payden E. The fund invests at least 80 percent of its assets in direct debt obligations of the United States Treasury, including U... More
Short-term Treasury 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 Short-term Treasury'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 Short Term Treasury Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.0537 | |||
| Information Ratio | 2.29 | |||
| Maximum Drawdown | 0.1994 | |||
| Value At Risk | (0.08) | |||
| Potential Upside | 0.0923 |
Short-term Treasury Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Short-term Treasury's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Short-term Treasury's standard deviation. In reality, there are many statistical measures that can use Short-term Treasury historical prices to predict the future Short-term Treasury's volatility.| Risk Adjusted Performance | 0.1482 | |||
| Jensen Alpha | 0.01 | |||
| Total Risk Alpha | 0.0145 | |||
| Sortino Ratio | 2.18 | |||
| Treynor Ratio | 0.4801 |
Short Term Treasury Backtested Returns
At this stage we consider Short-term Mutual Fund to be very steady. Short Term Treasury owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.35, which indicates the fund had a 0.35 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Short Term Treasury Portfolio, which you can use to evaluate the volatility of the fund. Please validate Short-term Treasury's Downside Deviation of 0.0537, risk adjusted performance of 0.1482, and Standard Deviation of 0.0511 to confirm if the risk estimate we provide is consistent with the expected return of 0.0181%. The entity has a beta of 0.0169, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Short-term Treasury's returns are expected to increase less than the market. However, during the bear market, the loss of holding Short-term Treasury is expected to be smaller as well.
Auto-correlation | 0.89 |
Very good predictability
Short Term Treasury Portfolio has very good predictability. Overlapping area represents the amount of predictability between Short-term Treasury time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Short Term Treasury price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Short-term Treasury price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Short Term Treasury lagged returns against current returns
Autocorrelation, which is Short-term Treasury 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 Short-term Treasury's mutual fund expected returns. We can calculate the autocorrelation of Short-term Treasury returns to help us make a trade decision. For example, suppose you find that Short-term Treasury 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 |
Short-term Treasury 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 Short-term Treasury mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Short-term Treasury mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Short-term Treasury mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Short-term Treasury Lagged Returns
When evaluating Short-term Treasury's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Short-term Treasury mutual fund have on its future price. Short-term Treasury 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, Short-term Treasury autocorrelation shows the relationship between Short-term Treasury mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Short Term Treasury Portfolio.
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 Short-term Mutual Fund
Short-term Treasury financial ratios help investors to determine whether Short-term 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 Short-term with respect to the benefits of owning Short-term Treasury security.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |