Pro Blend Servative Term Fund Market Value
| MNCIX Fund | USD 13.36 0.03 0.23% |
| Symbol | Pro-blend(r) |
Pro-blend(r) Conservative '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 Pro-blend(r) Conservative'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 Pro-blend(r) Conservative.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Pro-blend(r) Conservative on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Pro Blend Servative Term or generate 0.0% return on investment in Pro-blend(r) Conservative over 360 days. Pro-blend(r) Conservative is related to or competes with Pro Blend, Pro Blend, Pro-blend(r) Maximum, James Balanced, and Berwyn Income. The fund invests primarily in fixed income securities, including U.S More
Pro-blend(r) Conservative 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 Pro-blend(r) Conservative'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 Pro Blend Servative Term upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.63) | |||
| Maximum Drawdown | 1.05 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.297 |
Pro-blend(r) Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pro-blend(r) Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pro-blend(r) Conservative's standard deviation. In reality, there are many statistical measures that can use Pro-blend(r) Conservative historical prices to predict the future Pro-blend(r) Conservative's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.13) |
Pro-blend(r) Conservative Backtested Returns
Pro-blend(r) Conservative maintains Sharpe Ratio (i.e., Efficiency) of -0.0489, which implies the entity had a -0.0489% return per unit of risk over the last 3 months. Pro-blend(r) Conservative exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pro-blend(r) Conservative's Coefficient Of Variation of (6,705), risk adjusted performance of (0.04), and Variance of 0.0453 to confirm the risk estimate we provide. The fund holds a Beta of 0.0993, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pro-blend(r) Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pro-blend(r) Conservative is expected to be smaller as well.
Auto-correlation | 0.59 |
Modest predictability
Pro Blend Servative Term has modest predictability. Overlapping area represents the amount of predictability between Pro-blend(r) Conservative time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pro-blend(r) Conservative price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Pro-blend(r) Conservative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Pro-blend(r) Conservative lagged returns against current returns
Autocorrelation, which is Pro-blend(r) Conservative 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 Pro-blend(r) Conservative's mutual fund expected returns. We can calculate the autocorrelation of Pro-blend(r) Conservative returns to help us make a trade decision. For example, suppose you find that Pro-blend(r) Conservative 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 |
Pro-blend(r) Conservative 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 Pro-blend(r) Conservative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pro-blend(r) Conservative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pro-blend(r) Conservative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pro-blend(r) Conservative Lagged Returns
When evaluating Pro-blend(r) Conservative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pro-blend(r) Conservative mutual fund have on its future price. Pro-blend(r) Conservative 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, Pro-blend(r) Conservative autocorrelation shows the relationship between Pro-blend(r) Conservative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pro Blend Servative Term.
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 Pro-blend(r) Mutual Fund
Pro-blend(r) Conservative financial ratios help investors to determine whether Pro-blend(r) 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 Pro-blend(r) with respect to the benefits of owning Pro-blend(r) Conservative security.
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