Pfg Tactical Income Fund Market Value
| PFTSX Fund | USD 10.17 0.01 0.1% |
| Symbol | Pfg |
Pfg Tactical '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 Pfg Tactical'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 Pfg Tactical.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Pfg Tactical on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Pfg Tactical Income or generate 0.0% return on investment in Pfg Tactical over 30 days. Pfg Tactical is related to or competes with Pfg American, Riskproreg Tactical, Riskproreg Pfg, Pfg Br, and Riskproreg; Dynamic. The fund seeks to achieve its investment objective by primarily investing in the shares of exchange traded funds and ope... More
Pfg Tactical 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 Pfg Tactical'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 Pfg Tactical Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3345 | |||
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 1.48 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.6917 |
Pfg Tactical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pfg Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pfg Tactical's standard deviation. In reality, there are many statistical measures that can use Pfg Tactical historical prices to predict the future Pfg Tactical's volatility.| Risk Adjusted Performance | 0.0232 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.33) | |||
| Treynor Ratio | 0.0236 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pfg Tactical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Pfg Tactical Income Backtested Returns
At this stage we consider Pfg Mutual Fund to be very steady. Pfg Tactical Income maintains Sharpe Ratio (i.e., Efficiency) of 0.0861, which implies the entity had a 0.0861% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pfg Tactical Income, which you can use to evaluate the volatility of the fund. Please check Pfg Tactical's Coefficient Of Variation of 2058.92, semi deviation of 0.2126, and Risk Adjusted Performance of 0.0232 to confirm if the risk estimate we provide is consistent with the expected return of 0.0273%. The fund holds a Beta of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pfg Tactical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pfg Tactical is expected to be smaller as well.
Auto-correlation | 0.77 |
Good predictability
Pfg Tactical Income has good predictability. Overlapping area represents the amount of predictability between Pfg Tactical time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Pfg Tactical Income price movement. The serial correlation of 0.77 indicates that around 77.0% of current Pfg Tactical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pfg Tactical Income lagged returns against current returns
Autocorrelation, which is Pfg Tactical 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 Pfg Tactical's mutual fund expected returns. We can calculate the autocorrelation of Pfg Tactical returns to help us make a trade decision. For example, suppose you find that Pfg Tactical 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 |
Pfg Tactical 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 Pfg Tactical mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pfg Tactical mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pfg Tactical mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pfg Tactical Lagged Returns
When evaluating Pfg Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pfg Tactical mutual fund have on its future price. Pfg Tactical 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, Pfg Tactical autocorrelation shows the relationship between Pfg Tactical mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pfg Tactical Income.
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 Pfg Mutual Fund
Pfg Tactical financial ratios help investors to determine whether Pfg 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 Pfg with respect to the benefits of owning Pfg Tactical security.
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