Performance Trust Strategic Fund Market Value
| PTCOX Fund | USD 19.60 0.02 0.10% |
| Symbol | Performance |
Performance Trust '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 Performance Trust'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 Performance Trust.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Performance Trust on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Performance Trust Strategic or generate 0.0% return on investment in Performance Trust over 360 days. Performance Trust is related to or competes with Metropolitan West, Pimco Total, Total Return, Total Return, Total Return, Strategic Advisers, and Dodge Cox. The fund invests at least 80 percent of its net assets in fixed-income instruments More
Performance Trust 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 Performance Trust'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 Performance Trust Strategic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.55) | |||
| Maximum Drawdown | 1.32 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.4532 |
Performance Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Performance Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Performance Trust's standard deviation. In reality, there are many statistical measures that can use Performance Trust historical prices to predict the future Performance Trust's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.79) |
Performance Trust Backtested Returns
Performance Trust maintains Sharpe Ratio (i.e., Efficiency) of -0.0941, which implies the entity had a -0.0941% return per unit of risk over the last 3 months. Performance Trust exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Performance Trust's Risk Adjusted Performance of (0.09), variance of 0.0853, and Coefficient Of Variation of (1,019) to confirm the risk estimate we provide. The fund holds a Beta of 0.0491, which implies not very significant fluctuations relative to the market. As returns on the market increase, Performance Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding Performance Trust is expected to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
Performance Trust Strategic has average predictability. Overlapping area represents the amount of predictability between Performance Trust time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 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 Performance Trust price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Performance Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Performance Trust lagged returns against current returns
Autocorrelation, which is Performance Trust 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 Performance Trust's mutual fund expected returns. We can calculate the autocorrelation of Performance Trust returns to help us make a trade decision. For example, suppose you find that Performance Trust 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 |
Performance Trust 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 Performance Trust mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Performance Trust mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Performance Trust mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Performance Trust Lagged Returns
When evaluating Performance Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Performance Trust mutual fund have on its future price. Performance Trust 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, Performance Trust autocorrelation shows the relationship between Performance Trust mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Performance Trust Strategic.
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 Performance Mutual Fund
Performance Trust financial ratios help investors to determine whether Performance 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 Performance with respect to the benefits of owning Performance Trust security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |