Pace Large Growth Fund Market Value

PLAAX Fund  USD 15.97  0.32  1.96%   
Pace Large's market value is the price at which a share of Pace Large trades on a public exchange. It measures the collective expectations of Pace Large Growth investors about its performance. Pace Large is trading at 15.97 as of the 3rd of August 2025; that is 1.96% down since the beginning of the trading day. The fund's open price was 16.29.
With this module, you can estimate the performance of a buy and hold strategy of Pace Large Growth and determine expected loss or profit from investing in Pace Large over a given investment horizon. Check out Pace Large Correlation, Pace Large Volatility and Pace Large Alpha and Beta module to complement your research on Pace Large.
Symbol

Please note, there is a significant difference between Pace Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pace Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pace Large's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Pace Large '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 Pace Large'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 Pace Large.
0.00
05/05/2025
No Change 0.00  0.0 
In 3 months and 1 day
08/03/2025
0.00
If you would invest  0.00  in Pace Large on May 5, 2025 and sell it all today you would earn a total of 0.00 from holding Pace Large Growth or generate 0.0% return on investment in Pace Large over 90 days. Pace Large is related to or competes with Elfun Diversified, Aqr Diversified, Madison Diversified, Northern Small, Victory Diversified, and Harbor Diversified. The fund invests primarily in stocks of companies that are believed to have substantial potential for capital growth More

Pace Large 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 Pace Large'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 Pace Large Growth upside and downside potential and time the market with a certain degree of confidence.

Pace Large Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pace Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pace Large's standard deviation. In reality, there are many statistical measures that can use Pace Large historical prices to predict the future Pace Large's volatility.
Hype
Prediction
LowEstimatedHigh
15.5116.3017.09
Details
Intrinsic
Valuation
LowRealHigh
15.2916.0816.87
Details
Naive
Forecast
LowNextHigh
15.4916.2817.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.8916.1316.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pace Large. Your research has to be compared to or analyzed against Pace Large's peers to derive any actionable benefits. When done correctly, Pace Large's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Pace Large Growth.

Pace Large Growth Backtested Returns

At this stage we consider Pace Mutual Fund to be very steady. Pace Large Growth maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the entity had a 0.22 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pace Large Growth, which you can use to evaluate the volatility of the fund. Please check Pace Large's Coefficient Of Variation of 462.24, semi deviation of 0.4797, and Risk Adjusted Performance of 0.17 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. The fund holds a Beta of 0.8, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pace Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pace Large is expected to be smaller as well.

Auto-correlation

    
  0.85  

Very good predictability

Pace Large Growth has very good predictability. Overlapping area represents the amount of predictability between Pace Large 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 Pace Large Growth price movement. The serial correlation of 0.85 indicates that around 85.0% of current Pace Large price fluctuation can be explain by its past prices.
Correlation Coefficient0.85
Spearman Rank Test0.66
Residual Average0.0
Price Variance0.05

Pace Large Growth lagged returns against current returns

Autocorrelation, which is Pace Large 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 Pace Large's mutual fund expected returns. We can calculate the autocorrelation of Pace Large returns to help us make a trade decision. For example, suppose you find that Pace Large 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  

Pace Large 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 Pace Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pace Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pace Large mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Pace Large Lagged Returns

When evaluating Pace Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pace Large mutual fund have on its future price. Pace Large 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, Pace Large autocorrelation shows the relationship between Pace Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pace Large Growth.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Pace Mutual Fund

Pace Large financial ratios help investors to determine whether Pace 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 Pace with respect to the benefits of owning Pace Large security.
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