Polen Growth Fund Market Value
| POLIX Fund | USD 43.68 0.29 0.67% |
| Symbol | Polen |
Polen Growth '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 Polen Growth'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 Polen Growth.
| 03/23/2024 |
| 04/22/2024 |
If you would invest 0.00 in Polen Growth on March 23, 2024 and sell it all today you would earn a total of 0.00 from holding Polen Growth Fund or generate 0.0% return on investment in Polen Growth over 30 days. Polen Growth is related to or competes with Edgewood Growth, Akre Focus, Brown Advisory, and Polen Global. The fund typically invests in a focused portfolio of common stocks of large capitalization companies that, in the Advise... More
Polen Growth 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 Polen Growth'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 Polen Growth Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.13 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.7 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 1.52 |
Polen Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polen Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polen Growth's standard deviation. In reality, there are many statistical measures that can use Polen Growth historical prices to predict the future Polen Growth's volatility.| Risk Adjusted Performance | 0.0216 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0193 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Polen Growth'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.
Polen Growth Backtested Returns
Polen Growth maintains Sharpe Ratio (i.e., Efficiency) of -0.0091, which implies the entity had a -0.0091% return per unit of risk over the last 3 months. Polen Growth exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Polen Growth's Risk Adjusted Performance of 0.0216, coefficient of variation of 3473.13, and Semi Deviation of 1.06 to confirm the risk estimate we provide. The fund holds a Beta of 1.01, which implies a somewhat significant risk relative to the market. Polen Growth returns are very sensitive to returns on the market. As the market goes up or down, Polen Growth is expected to follow.
Auto-correlation | 0.44 |
Average predictability
Polen Growth Fund has average predictability. Overlapping area represents the amount of predictability between Polen Growth time series from 23rd of March 2024 to 7th of April 2024 and 7th of April 2024 to 22nd of April 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 Polen Growth price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Polen Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.79 |
Polen Growth lagged returns against current returns
Autocorrelation, which is Polen Growth 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 Polen Growth's mutual fund expected returns. We can calculate the autocorrelation of Polen Growth returns to help us make a trade decision. For example, suppose you find that Polen Growth 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 |
Polen Growth 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 Polen Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polen Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Polen Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Polen Growth Lagged Returns
When evaluating Polen Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Polen Growth mutual fund have on its future price. Polen Growth 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, Polen Growth autocorrelation shows the relationship between Polen Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Polen Growth Fund.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Polen Growth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Polen Growth's short interest history, or implied volatility extrapolated from Polen Growth options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Polen Growth using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Polen Growth Correlation, Polen Growth Volatility and Polen Growth Alpha and Beta module to complement your research on Polen Growth. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Polen Growth technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.