Professionally Managed Portfolios Fund Market Value
| WAGNX Fund | 11.70 0.01 0.09% |
| 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.
| 01/20/2023 |
| 01/09/2025 |
If you would invest 0.00 in Professionally Managed on January 20, 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 Morningstar Aggressive, Small Pany, L Abbett, T Rowe, Eip Growth, Qs Growth, and T Rowe. 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 | 8.08 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.79 |
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 | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.04) |
Professionally Managed Backtested Returns
Professionally Managed maintains Sharpe Ratio (i.e., Efficiency) of -0.027, which implies the entity had a -0.027% return per unit of risk over the last 3 months. Professionally Managed exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Professionally Managed's Coefficient Of Variation of (3,698), variance of 1.28, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The fund holds a Beta of 0.95, which implies possible diversification benefits within a given portfolio. Professionally Managed returns are very sensitive to returns on the market. As the market goes up or down, Professionally Managed is expected to follow.
Auto-correlation | 0.13 |
Insignificant predictability
Professionally Managed Portfolios has insignificant predictability. Overlapping area represents the amount of predictability between Professionally Managed time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th 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 0.13 indicates that less than 13.0% of current Professionally Managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
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 |
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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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