Pinnacle Value Fund Market Value
| PVFIX Fund | USD 16.44 0.17 1.04% |
| Symbol | Pinnacle |
Pinnacle Value '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 Pinnacle Value'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 Pinnacle Value.
| 06/11/2023 |
| 01/01/2025 |
If you would invest 0.00 in Pinnacle Value on June 11, 2023 and sell it all today you would earn a total of 0.00 from holding Pinnacle Value Fund or generate 0.0% return on investment in Pinnacle Value over 570 days. Pinnacle Value is related to or competes with Lgm Risk, Ab Global, Artisan High, Needham Aggressive, Metropolitan West, Pioneer High, and Intal High. The fund invests primarily in publicly traded equity securities of companies including common and preferred stocks, conv... More
Pinnacle Value 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 Pinnacle Value'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 Pinnacle Value Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 15.92 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 0.9788 |
Pinnacle Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pinnacle Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pinnacle Value's standard deviation. In reality, there are many statistical measures that can use Pinnacle Value historical prices to predict the future Pinnacle Value's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.18) |
Pinnacle Value Backtested Returns
Pinnacle Value maintains Sharpe Ratio (i.e., Efficiency) of -0.09, which implies the entity had a -0.09% return per unit of risk over the last 3 months. Pinnacle Value exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pinnacle Value's Risk Adjusted Performance of (0.07), coefficient of variation of (1,042), and Variance of 3.05 to confirm the risk estimate we provide. The fund holds a Beta of 0.97, which implies possible diversification benefits within a given portfolio. Pinnacle Value returns are very sensitive to returns on the market. As the market goes up or down, Pinnacle Value is expected to follow.
Auto-correlation | 0.36 |
Below average predictability
Pinnacle Value Fund has below average predictability. Overlapping area represents the amount of predictability between Pinnacle Value time series from 11th of June 2023 to 22nd of March 2024 and 22nd of March 2024 to 1st of January 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 Pinnacle Value price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Pinnacle Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Pinnacle Value lagged returns against current returns
Autocorrelation, which is Pinnacle Value 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 Pinnacle Value's mutual fund expected returns. We can calculate the autocorrelation of Pinnacle Value returns to help us make a trade decision. For example, suppose you find that Pinnacle Value 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 |
Pinnacle Value 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 Pinnacle Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pinnacle Value mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pinnacle Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pinnacle Value Lagged Returns
When evaluating Pinnacle Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pinnacle Value mutual fund have on its future price. Pinnacle Value 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, Pinnacle Value autocorrelation shows the relationship between Pinnacle Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pinnacle Value Fund.
Regressed Prices |
| Timeline |
Also Currently Popular
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| CRESY | Cresud SACIF y | |
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Other Information on Investing in Pinnacle Mutual Fund
Pinnacle Value financial ratios help investors to determine whether Pinnacle 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 Pinnacle with respect to the benefits of owning Pinnacle Value security.
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