Us Treasury Long Term Fund Market Value
| PRUUX Fund | USD 7.27 0.01 0.14% |
| Symbol | PRUUX |
Us Treasury '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 Us Treasury'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 Us Treasury.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Us Treasury on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Us Treasury Long Term or generate 0.0% return on investment in Us Treasury over 720 days. Us Treasury is related to or competes with Kinetics Spin-off, Vanguard Global, Maryland Tax-free, Limited Term, Fundvantage Trust, Multisector Bond, and Bbh Intermediate. The fund seeks to track the investment returns of its benchmark index, the Bloomberg U.S More
Us Treasury 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 Us Treasury'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 Us Treasury Long Term upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 3.88 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.1 |
Us Treasury Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Us Treasury's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Us Treasury's standard deviation. In reality, there are many statistical measures that can use Us Treasury historical prices to predict the future Us Treasury's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.94) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Us Treasury'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.
Us Treasury Long Backtested Returns
Us Treasury Long retains Efficiency (Sharpe Ratio) of -0.13, which indicates the fund had a -0.13% return per unit of price deviation over the last 3 months. Us Treasury exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Us Treasury's Standard Deviation of 0.7559, mean deviation of 0.5793, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Us Treasury's returns are expected to increase less than the market. However, during the bear market, the loss of holding Us Treasury is expected to be smaller as well.
Auto-correlation | -0.57 |
Good reverse predictability
Us Treasury Long Term has good reverse predictability. Overlapping area represents the amount of predictability between Us Treasury time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 Us Treasury Long price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Us Treasury price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Us Treasury Long lagged returns against current returns
Autocorrelation, which is Us Treasury 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 Us Treasury's mutual fund expected returns. We can calculate the autocorrelation of Us Treasury returns to help us make a trade decision. For example, suppose you find that Us Treasury 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 |
Us Treasury 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 Us Treasury mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Us Treasury mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Us Treasury mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Us Treasury Lagged Returns
When evaluating Us Treasury's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Us Treasury mutual fund have on its future price. Us Treasury 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, Us Treasury autocorrelation shows the relationship between Us Treasury mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Us Treasury Long Term.
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 PRUUX Mutual Fund
Us Treasury financial ratios help investors to determine whether PRUUX 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 PRUUX with respect to the benefits of owning Us Treasury security.
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