Moderate Duration Fund Market Value
| PMDRX Fund | USD 9.19 0.01 0.11% |
| Symbol | Moderate |
Moderate Duration '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 Moderate Duration'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 Moderate Duration.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Moderate Duration on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Moderate Duration Fund or generate 0.0% return on investment in Moderate Duration over 720 days. Moderate Duration is related to or competes with Jennison Natural, Franklin Natural, Icon Natural, and Franklin Natural. The fund invests at least 65 percent of its total assets in a diversified portfolio of Fixed Income Instruments of varyi... More
Moderate Duration 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 Moderate Duration'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 Moderate Duration Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.78) | |||
| Maximum Drawdown | 0.8592 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.2176 |
Moderate Duration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Moderate Duration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Moderate Duration's standard deviation. In reality, there are many statistical measures that can use Moderate Duration historical prices to predict the future Moderate Duration's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (1.02) |
Moderate Duration Backtested Returns
Moderate Duration has Sharpe Ratio of -0.0566, which conveys that the entity had a -0.0566% return per unit of risk over the last 3 months. Moderate Duration exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Moderate Duration's Mean Deviation of 0.1425, risk adjusted performance of (0.07), and Standard Deviation of 0.1801 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.0194, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Moderate Duration's returns are expected to increase less than the market. However, during the bear market, the loss of holding Moderate Duration is expected to be smaller as well.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Moderate Duration Fund has insignificant reverse predictability. Overlapping area represents the amount of predictability between Moderate Duration time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Moderate Duration price movement. The serial correlation of -0.17 indicates that over 17.0% of current Moderate Duration price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Moderate Duration lagged returns against current returns
Autocorrelation, which is Moderate Duration 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 Moderate Duration's mutual fund expected returns. We can calculate the autocorrelation of Moderate Duration returns to help us make a trade decision. For example, suppose you find that Moderate Duration 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 |
Moderate Duration 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 Moderate Duration mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Moderate Duration mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Moderate Duration mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Moderate Duration Lagged Returns
When evaluating Moderate Duration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Moderate Duration mutual fund have on its future price. Moderate Duration 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, Moderate Duration autocorrelation shows the relationship between Moderate Duration mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Moderate Duration Fund.
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 Moderate Mutual Fund
Moderate Duration financial ratios help investors to determine whether Moderate 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 Moderate with respect to the benefits of owning Moderate Duration security.
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