Port Street Quality Fund Market Value
PSQGX Fund | USD 16.93 0.10 0.59% |
Symbol | Port |
Port Street '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 Port Street'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 Port Street.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Port Street on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Port Street Quality or generate 0.0% return on investment in Port Street over 30 days. Port Street is related to or competes with State Farm, Pfg Fidelity, Fidelity Freedom, Semiconductors Portfolio, Deutsche Croci, Tiaa-cref Social, and Capital Income. Under normal market conditions, the fund invests primarily in equity securities, including common stocks More
Port Street 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 Port Street'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 Port Street Quality upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.3347 | |||
Information Ratio | (0.18) | |||
Maximum Drawdown | 1.58 | |||
Value At Risk | (0.53) | |||
Potential Upside | 0.6053 |
Port Street Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Port Street's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Port Street's standard deviation. In reality, there are many statistical measures that can use Port Street historical prices to predict the future Port Street's volatility.Risk Adjusted Performance | 0.1031 | |||
Jensen Alpha | (0.0003) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.19) | |||
Treynor Ratio | 0.1236 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Port Street'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.
Port Street Quality Backtested Returns
We consider Port Street very steady. Port Street Quality maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Port Street Quality, which you can use to evaluate the volatility of the fund. Please check Port Street's Risk Adjusted Performance of 0.1031, semi deviation of 0.1145, and Coefficient Of Variation of 511.83 to confirm if the risk estimate we provide is consistent with the expected return of 0.0728%. The fund holds a Beta of 0.49, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Port Street's returns are expected to increase less than the market. However, during the bear market, the loss of holding Port Street is expected to be smaller as well.
Auto-correlation | 0.19 |
Very weak predictability
Port Street Quality has very weak predictability. Overlapping area represents the amount of predictability between Port Street 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 Port Street Quality price movement. The serial correlation of 0.19 indicates that over 19.0% of current Port Street price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.19 | |
Spearman Rank Test | 0.44 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Port Street Quality lagged returns against current returns
Autocorrelation, which is Port Street 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 Port Street's mutual fund expected returns. We can calculate the autocorrelation of Port Street returns to help us make a trade decision. For example, suppose you find that Port Street 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 |
Port Street 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 Port Street mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Port Street mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Port Street mutual fund over time.
Current vs Lagged Prices |
Timeline |
Port Street Lagged Returns
When evaluating Port Street's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Port Street mutual fund have on its future price. Port Street 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, Port Street autocorrelation shows the relationship between Port Street mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Port Street Quality.
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 Port Street 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, Port Street's short interest history, or implied volatility extrapolated from Port Street 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 Port Street Quality 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 Port Street Correlation, Port Street Volatility and Port Street Alpha and Beta module to complement your research on Port Street. Note that the Port Street Quality information on this page should be used as a complementary analysis to other Port Street's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Port Mutual Fund analysis
When running Port Street's price analysis, check to measure Port Street'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 Port Street is operating at the current time. Most of Port Street's value examination focuses on studying past and present price action to predict the probability of Port Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Port Street's price. Additionally, you may evaluate how the addition of Port Street to your portfolios can decrease your overall portfolio volatility.
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Port Street 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.