Pnc Emerging Markets Fund Market Value
| PIEFX Fund | USD 15.71 0.01 0.06% |
| Symbol | Pnc |
Pnc Emerging '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 Emerging'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 Emerging.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Pnc Emerging on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Pnc Emerging Markets or generate 0.0% return on investment in Pnc Emerging over 30 days. Pnc Emerging is related to or competes with Federated Emerging, Federated Mdt, Federated Mdt, Federated Global, Federated Strategic, Federated Strategic, and Federated Strategic. The fund may make significant investments in issuers located or doing business in a single country or geographic region More
Pnc Emerging 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 Emerging'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 Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 4.54 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.82 |
Pnc Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pnc Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pnc Emerging's standard deviation. In reality, there are many statistical measures that can use Pnc Emerging historical prices to predict the future Pnc Emerging's volatility.| Risk Adjusted Performance | 0.0187 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.0196 |
Pnc Emerging Markets Backtested Returns
At this stage we consider Pnc Mutual Fund to be very steady. Pnc Emerging Markets maintains Sharpe Ratio (i.e., Efficiency) of 0.0363, which implies the entity had a 0.0363% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pnc Emerging Markets, which you can use to evaluate the volatility of the fund. Please check Pnc Emerging's Risk Adjusted Performance of 0.0187, semi deviation of 0.9715, and Coefficient Of Variation of 4786.97 to confirm if the risk estimate we provide is consistent with the expected return of 0.0381%. The fund holds a Beta of 0.61, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pnc Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pnc Emerging is expected to be smaller as well.
Auto-correlation | 0.33 |
Below average predictability
Pnc Emerging Markets has below average predictability. Overlapping area represents the amount of predictability between Pnc Emerging time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Pnc Emerging Markets price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Pnc Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Pnc Emerging Markets lagged returns against current returns
Autocorrelation, which is Pnc Emerging 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 Emerging's mutual fund expected returns. We can calculate the autocorrelation of Pnc Emerging returns to help us make a trade decision. For example, suppose you find that Pnc Emerging 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 Emerging 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 Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pnc Emerging 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 Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pnc Emerging Lagged Returns
When evaluating Pnc Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pnc Emerging mutual fund have on its future price. Pnc Emerging 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 Emerging autocorrelation shows the relationship between Pnc Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pnc Emerging Markets.
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 Emerging 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 Emerging security.
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