International Fund I Fund Market Value
PTPPX Fund | USD 14.28 0.03 0.21% |
Symbol | International |
International Fund '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 International Fund'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 International Fund.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in International Fund on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding International Fund I or generate 0.0% return on investment in International Fund over 30 days. International Fund is related to or competes with Davis Financial, Rmb Mendon, Transamerica Financial, Prudential Jennison, 1919 Financial, and Vanguard Financials. The fund invests primarily in foreign equity securities, including emerging market securities More
International Fund 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 International Fund'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 International Fund I upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.8656 | |||
Information Ratio | 0.02 | |||
Maximum Drawdown | 4.95 | |||
Value At Risk | (1.13) | |||
Potential Upside | 1.34 |
International Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Fund's standard deviation. In reality, there are many statistical measures that can use International Fund historical prices to predict the future International Fund's volatility.Risk Adjusted Performance | 0.1075 | |||
Jensen Alpha | 0.1209 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | 0.0184 | |||
Treynor Ratio | 0.901 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International Fund'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.
International Fund Backtested Returns
We consider International Fund very steady. International Fund holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for International Fund, which you can use to evaluate the volatility of the entity. Please check out International Fund's Risk Adjusted Performance of 0.1075, downside deviation of 0.8656, and Market Risk Adjusted Performance of 0.911 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. The fund retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, International Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding International Fund is expected to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
International Fund I has average predictability. Overlapping area represents the amount of predictability between International Fund time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 International Fund price movement. The serial correlation of 0.42 indicates that just about 42.0% of current International Fund price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.42 | |
Spearman Rank Test | 0.56 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
International Fund lagged returns against current returns
Autocorrelation, which is International Fund 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 International Fund's mutual fund expected returns. We can calculate the autocorrelation of International Fund returns to help us make a trade decision. For example, suppose you find that International Fund 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 |
International Fund 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 International Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Fund mutual fund over time.
Current vs Lagged Prices |
Timeline |
International Fund Lagged Returns
When evaluating International Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Fund mutual fund have on its future price. International Fund 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, International Fund autocorrelation shows the relationship between International Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in International Fund I.
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 International Fund 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, International Fund's short interest history, or implied volatility extrapolated from International Fund options trading.
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Check out International Fund Correlation, International Fund Volatility and International Fund Alpha and Beta module to complement your research on International Fund. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for International Mutual Fund analysis
When running International Fund's price analysis, check to measure International Fund's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International Fund is operating at the current time. Most of International Fund's value examination focuses on studying past and present price action to predict the probability of International Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Fund's price. Additionally, you may evaluate how the addition of International Fund to your portfolios can decrease your overall portfolio volatility.
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International Fund 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.