Professionally Managed Portfolios Fund Market Value
| WAGNX Fund | 11.77 0.08 0.68% |
| Symbol | Professionally |
Professionally Managed '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 Professionally Managed'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 Professionally Managed.
| 02/04/2023 |
| 01/24/2025 |
If you would invest 0.00 in Professionally Managed on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Professionally Managed Portfolios or generate 0.0% return on investment in Professionally Managed over 720 days. Professionally Managed is related to or competes with Calvert Conservative, Lord Abbett, Federated Hermes, Conservative Balanced, Stone Ridge, and Delaware Limited. Under normal circumstances, the fund aims to achieve its investment objective by investing at least 80 percent of the va... More
Professionally Managed 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 Professionally Managed'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 Professionally Managed Portfolios upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 1.4 |
Professionally Managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Professionally Managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Professionally Managed's standard deviation. In reality, there are many statistical measures that can use Professionally Managed historical prices to predict the future Professionally Managed's volatility.| Risk Adjusted Performance | 8.0E-4 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.1) |
Professionally Managed Backtested Returns
At this stage we consider Professionally Mutual Fund to be moderately volatile. Professionally Managed maintains Sharpe Ratio (i.e., Efficiency) of 0.035, which implies the entity had a 0.035 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Professionally Managed, which you can use to evaluate the volatility of the fund. Please check Professionally Managed's Coefficient Of Variation of (46,016), variance of 1.32, and Risk Adjusted Performance of 8.0E-4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0407%. The fund holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, Professionally Managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Professionally Managed is expected to be smaller as well.
Auto-correlation | 0.54 |
Modest predictability
Professionally Managed Portfolios has modest predictability. Overlapping area represents the amount of predictability between Professionally Managed time series from 4th of February 2023 to 30th of January 2024 and 30th of January 2024 to 24th 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 Professionally Managed price movement. The serial correlation of 0.54 indicates that about 54.0% of current Professionally Managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Professionally Managed lagged returns against current returns
Autocorrelation, which is Professionally Managed 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 Professionally Managed's mutual fund expected returns. We can calculate the autocorrelation of Professionally Managed returns to help us make a trade decision. For example, suppose you find that Professionally Managed 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 |
Professionally Managed 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 Professionally Managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Professionally Managed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Professionally Managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Professionally Managed Lagged Returns
When evaluating Professionally Managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Professionally Managed mutual fund have on its future price. Professionally Managed 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, Professionally Managed autocorrelation shows the relationship between Professionally Managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Professionally Managed Portfolios.
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 Professionally Mutual Fund
Professionally Managed financial ratios help investors to determine whether Professionally 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 Professionally with respect to the benefits of owning Professionally Managed security.
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