Diversified Real Asset Fund Market Value
| PGDRX Fund | USD 11.31 0.02 0.18% |
| Symbol | Diversified |
Diversified Real '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 Diversified Real'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 Diversified Real.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Diversified Real on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Diversified Real Asset or generate 0.0% return on investment in Diversified Real over 30 days. Diversified Real is related to or competes with Strategic Asset, Strategic Asset, Strategic Asset, Strategic Asset, International Equity, Strategic Asset, and International Small. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Diversified Real 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 Diversified Real'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 Diversified Real Asset upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.02 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 0.7944 |
Diversified Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diversified Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diversified Real's standard deviation. In reality, there are many statistical measures that can use Diversified Real historical prices to predict the future Diversified Real's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.22) |
Diversified Real Asset Backtested Returns
Diversified Real Asset secures Sharpe Ratio (or Efficiency) of -0.0719, which denotes the fund had a -0.0719% return per unit of risk over the last 3 months. Diversified Real Asset exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diversified Real's Variance of 0.284, standard deviation of 0.5329, and Mean Deviation of 0.4012 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, Diversified Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Diversified Real is expected to be smaller as well.
Auto-correlation | 0.23 |
Weak predictability
Diversified Real Asset has weak predictability. Overlapping area represents the amount of predictability between Diversified Real time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Diversified Real Asset price movement. The serial correlation of 0.23 indicates that over 23.0% of current Diversified Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Diversified Real Asset lagged returns against current returns
Autocorrelation, which is Diversified Real 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 Diversified Real's mutual fund expected returns. We can calculate the autocorrelation of Diversified Real returns to help us make a trade decision. For example, suppose you find that Diversified Real 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 |
Diversified Real 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 Diversified Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diversified Real mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diversified Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Diversified Real Lagged Returns
When evaluating Diversified Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diversified Real mutual fund have on its future price. Diversified Real 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, Diversified Real autocorrelation shows the relationship between Diversified Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Diversified Real Asset.
Regressed Prices |
| Timeline |
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Other Information on Investing in Diversified Mutual Fund
Diversified Real financial ratios help investors to determine whether Diversified 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 Diversified with respect to the benefits of owning Diversified Real security.
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