Polen Global Growth Fund Price on February 14, 2024
| PGIRX Fund | USD 24.72 0.27 1.10% |
If you're considering investing in Polen Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Polen Global stands at 24.72, as last reported on the 5th of May, with the highest price reaching 24.72 and the lowest price hitting 24.72 during the day. Polen Global Growth maintains Sharpe Ratio (i.e., Efficiency) of -0.0226, which implies the entity had a -0.0226% return per unit of risk over the last 3 months. Polen Global Growth exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Polen Global's Risk Adjusted Performance of (0.01), coefficient of variation of (4,430), and Variance of 0.8181 to confirm the risk estimate we provide.
Polen Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Polen |
Sharpe Ratio = -0.0226
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Estimated Market Risk
| 0.9 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Polen Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Polen Global by adding Polen Global to a well-diversified portfolio.
Polen Global Valuation on February 14, 2024
It is possible to determine the worth of Polen Global on a given historical date. On February 14, 2024 Polen was worth 25.34 at the beginning of the trading date compared to the closed value of 25.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Polen Global mutual fund. Still, in general, we apply an absolute valuation method to find Polen Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Polen Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Polen Global's related companies.
| Open | High | Low | Close | Volume | |
| 25.02 | 25.02 | 25.02 | 25.02 | 1.00 | |
02/14/2024 | 25.34 | 25.34 | 25.34 | 25.34 | 1.00 |
| 25.35 | 25.35 | 25.35 | 25.35 | 1.00 |
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Polen Global Trading Date Momentum on February 14, 2024
| On February 15 2024 Polen Global Growth was traded for 25.35 at the closing time. The highest daily price throughout the period was 25.35 and the lowest price was 25.35 . There was no trading activity during the period 1.0. Lack of trading volume on 02/15/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.04% . The trading delta at closing time to current closing price is 1.34% . |
Polen Global Growth Fundamentals Correlations and Trends
By evaluating Polen Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Polen Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Polen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Polen Global Mutual Fund history
Polen Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Polen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Polen Global Growth will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Polen Global stock prices may prove useful in developing a viable investing in Polen Global
The fund typically invests in a focused portfolio of approximately 25 to 40 common stocks of large capitalization companies that are located anywhere in the world, including companies in both developed and emerging markets. Polen Capital is traded on NASDAQ Exchange in the United States.
Polen Global Mutual Fund Technical Analysis
Polen Global 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.
Price Boundaries
Polen Global Period Price Range
Low | February 14, 2024
| High |
25.34 | 25.34 |
Polen Global May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Polen Global mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Polen Global shares will generate the highest return on investment. By undertsting and applying Polen Global mutual fund market strength indicators, traders can identify Polen Global Growth entry and exit signals to maximize returns
Polen Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Polen Global's price direction in advance. Along with the technical and fundamental analysis of Polen Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Polen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.14) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polen Global Growth. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Positions Ratings module to 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.