Pnc Balanced Allocation Fund Market Value
| PBLIX Fund | USD 13.40 0.03 0.22% |
| Symbol | Pnc |
Pnc Balanced '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 Pnc Balanced'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 Pnc Balanced.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Pnc Balanced on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Pnc Balanced Allocation or generate 0.0% return on investment in Pnc Balanced over 30 days. Pnc Balanced is related to or competes with Putnman Retirement, Retirement Living, American Funds, Sierra Core, Blackrock Retirement, and Hartford Moderate. The fund is intended for investors seeking professional management of a comprehensive asset allocation strategy for reti... More
Pnc Balanced 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 Pnc Balanced'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 Pnc Balanced Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7978 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.61 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.06 |
Pnc Balanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pnc Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pnc Balanced's standard deviation. In reality, there are many statistical measures that can use Pnc Balanced historical prices to predict the future Pnc Balanced's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.03) |
Pnc Balanced Allocation Backtested Returns
At this stage we consider Pnc Mutual Fund to be very steady. Pnc Balanced Allocation maintains Sharpe Ratio (i.e., Efficiency) of 0.0288, which implies the entity had a 0.0288 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pnc Balanced Allocation, which you can use to evaluate the volatility of the fund. Please check Pnc Balanced's Coefficient Of Variation of 1908989.2, semi deviation of 0.7462, and insignificant Risk Adjusted Performance to confirm if the risk estimate we provide is consistent with the expected return of 0.0203%. The fund holds a Beta of 0.32, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pnc Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pnc Balanced is expected to be smaller as well.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Pnc Balanced Allocation has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pnc Balanced time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 Pnc Balanced Allocation price movement. The serial correlation of -0.19 indicates that over 19.0% of current Pnc Balanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Pnc Balanced Allocation lagged returns against current returns
Autocorrelation, which is Pnc Balanced 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 Pnc Balanced's mutual fund expected returns. We can calculate the autocorrelation of Pnc Balanced returns to help us make a trade decision. For example, suppose you find that Pnc Balanced 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 |
Pnc Balanced 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 Pnc Balanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pnc Balanced mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pnc Balanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pnc Balanced Lagged Returns
When evaluating Pnc Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pnc Balanced mutual fund have on its future price. Pnc Balanced 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, Pnc Balanced autocorrelation shows the relationship between Pnc Balanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pnc Balanced Allocation.
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 Pnc Mutual Fund
Pnc Balanced financial ratios help investors to determine whether Pnc 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 Pnc with respect to the benefits of owning Pnc Balanced security.
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