Polen Growth Fund Market Value
Polen Growth's market value is the price at which a share of Polen Growth trades on a public exchange. It measures the collective expectations of Polen Growth Fund investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Polen Growth Fund and determine expected loss or profit from investing in Polen Growth over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. 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 gross domestic product.
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.
04/08/2022 |
| 03/28/2024 |
If you would invest 0.00 in Polen Growth on April 8, 2022 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 720 days. Polen Growth is related to or competes with Needham Aggressive, Ab High, Lgm Risk, Vanguard Target, Ab Global, and Copeland Risk. 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 | 0.9608 | |||
Information Ratio | (0.01) | |||
Maximum Drawdown | 4.57 | |||
Value At Risk | (1.76) | |||
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 | 0.0767 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.10) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.1107 |
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 Fund Backtested Returns
We consider Polen Growth very steady. Polen Growth Fund maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Polen Growth Fund, which you can use to evaluate the volatility of the fund. Please check Polen Growth's Coefficient Of Variation of 767.52, risk adjusted performance of 0.0767, and Semi Deviation of 0.8211 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. The fund holds a Beta of 1.05, 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 | -0.32 |
Poor reverse predictability
Polen Growth Fund has poor reverse predictability. Overlapping area represents the amount of predictability between Polen Growth time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 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 Polen Growth Fund price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Polen Growth price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.32 | |
Spearman Rank Test | -0.48 | |
Residual Average | 0.0 | |
Price Variance | 12.51 |
Polen Growth Fund 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 |
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 Fund 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Polen Mutual Fund analysis
When running Polen Growth's price analysis, check to measure Polen Growth'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 Polen Growth is operating at the current time. Most of Polen Growth's value examination focuses on studying past and present price action to predict the probability of Polen Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polen Growth's price. Additionally, you may evaluate how the addition of Polen Growth to your portfolios can decrease your overall portfolio volatility.
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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.