Rationalpier 88 Convertible Fund Market Value
| PBXCX Fund | USD 10.99 0.05 0.45% |
| Symbol | Rationalpier |
Rationalpier '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 Rationalpier'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 Rationalpier.
| 05/05/2025 |
| 08/03/2025 |
If you would invest 0.00 in Rationalpier on May 5, 2025 and sell it all today you would earn a total of 0.00 from holding Rationalpier 88 Convertible or generate 0.0% return on investment in Rationalpier over 90 days. Rationalpier is related to or competes with Fidelity Series, Inverse Government, Aig Government, Us Government, Loomis Sayles, and Ridgeworth Seix. Under normal conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net ... More
Rationalpier 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 Rationalpier'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 Rationalpier 88 Convertible upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4493 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.04 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.6481 |
Rationalpier Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rationalpier's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rationalpier's standard deviation. In reality, there are many statistical measures that can use Rationalpier historical prices to predict the future Rationalpier's volatility.| Risk Adjusted Performance | 0.0826 | |||
| Jensen Alpha | 0.039 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (1.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rationalpier'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.
Rationalpier 88 Conv Backtested Returns
At this stage we consider Rationalpier Mutual Fund to be very steady. Rationalpier 88 Conv maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the entity had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rationalpier 88 Conv, which you can use to evaluate the volatility of the fund. Please check Rationalpier's Risk Adjusted Performance of 0.0826, coefficient of variation of 849.06, and Semi Deviation of 0.2887 to confirm if the risk estimate we provide is consistent with the expected return of 0.046%. The fund holds a Beta of -0.0295, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rationalpier are expected to decrease at a much lower rate. During the bear market, Rationalpier is likely to outperform the market.
Auto-correlation | 0.03 |
Virtually no predictability
Rationalpier 88 Convertible has virtually no predictability. Overlapping area represents the amount of predictability between Rationalpier time series from 5th of May 2025 to 19th of June 2025 and 19th of June 2025 to 3rd of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Rationalpier 88 Conv price movement. The serial correlation of 0.03 indicates that only 3.0% of current Rationalpier price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Rationalpier 88 Conv lagged returns against current returns
Autocorrelation, which is Rationalpier 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 Rationalpier's mutual fund expected returns. We can calculate the autocorrelation of Rationalpier returns to help us make a trade decision. For example, suppose you find that Rationalpier 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 |
Rationalpier 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 Rationalpier mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rationalpier mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rationalpier mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rationalpier Lagged Returns
When evaluating Rationalpier's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rationalpier mutual fund have on its future price. Rationalpier 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, Rationalpier autocorrelation shows the relationship between Rationalpier mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rationalpier 88 Convertible.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Rationalpier Mutual Fund
Rationalpier financial ratios help investors to determine whether Rationalpier Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rationalpier with respect to the benefits of owning Rationalpier security.
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