Pnc Fds Gr Fund Market Value
| PGIAX Fund | USD 34.96 0.17 0.48% |
| Symbol | Pnc |
Pnc Fds '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 Fds' 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 Fds.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in Pnc Fds on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Pnc Fds Gr or generate 0.0% return on investment in Pnc Fds over 180 days. Pnc Fds is related to or competes with Balanced Strategy, Aqr Sustainable, Artisan Developing, Eagle Mlp, Federated Emerging, and Angel Oak. The fund invests mainly in equity securities of large and midsize companies that the manager believes have favorable inv... More
Pnc Fds 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 Fds' 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 Fds Gr upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 11.22 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 1.16 |
Pnc Fds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pnc Fds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pnc Fds' standard deviation. In reality, there are many statistical measures that can use Pnc Fds historical prices to predict the future Pnc Fds' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.16) |
Pnc Fds Gr Backtested Returns
Pnc Fds Gr maintains Sharpe Ratio (i.e., Efficiency) of -0.0316, which implies the entity had a -0.0316 % return per unit of risk over the last 3 months. Pnc Fds Gr exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pnc Fds' Risk Adjusted Performance of (0.03), coefficient of variation of (2,370), and Variance of 2.08 to confirm the risk estimate we provide. The fund holds a Beta of 0.45, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pnc Fds' returns are expected to increase less than the market. However, during the bear market, the loss of holding Pnc Fds is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
Pnc Fds Gr has very good reverse predictability. Overlapping area represents the amount of predictability between Pnc Fds time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 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 Fds Gr price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Pnc Fds price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 2.43 |
Pnc Fds Gr lagged returns against current returns
Autocorrelation, which is Pnc Fds 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 Fds' mutual fund expected returns. We can calculate the autocorrelation of Pnc Fds returns to help us make a trade decision. For example, suppose you find that Pnc Fds 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 Fds 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 Fds mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pnc Fds 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 Fds mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pnc Fds Lagged Returns
When evaluating Pnc Fds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pnc Fds mutual fund have on its future price. Pnc Fds 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 Fds autocorrelation shows the relationship between Pnc Fds mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pnc Fds Gr.
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 Fds 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 Fds security.
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