Pnc International Equity Fund Market Value
| PMIEX Fund | USD 23.74 0.09 0.38% |
| Symbol | Pnc |
Pnc International '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 Pnc International'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 Pnc International.
| 02/18/2025 |
| 05/19/2025 |
If you would invest 0.00 in Pnc International on February 18, 2025 and sell it all today you would earn a total of 0.00 from holding Pnc International Equity or generate 0.0% return on investment in Pnc International over 90 days. Pnc International is related to or competes with Intermediate Government, Davis Government, Franklin Adjustable, and Us Government. The fund primarily invests in a portfolio of equity securities that are tied economically to a number of countries throu... More
Pnc International 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 Pnc International'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 Pnc International Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.1064 | |||
| Maximum Drawdown | 8.62 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 2.02 |
Pnc International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pnc International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pnc International's standard deviation. In reality, there are many statistical measures that can use Pnc International historical prices to predict the future Pnc International's volatility.| Risk Adjusted Performance | 0.1231 | |||
| Jensen Alpha | 0.1317 | |||
| Total Risk Alpha | 0.1402 | |||
| Sortino Ratio | 0.092 | |||
| Treynor Ratio | 0.1387 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pnc International'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.
Pnc International Equity Backtested Returns
At this stage we consider Pnc Mutual Fund to be very steady. Pnc International Equity maintains Sharpe Ratio (i.e., Efficiency) of 0.0501, which implies the entity had a 0.0501 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pnc International Equity, which you can use to evaluate the volatility of the fund. Please check Pnc International's Coefficient Of Variation of 1353.22, risk adjusted performance of 0.1231, and Semi Deviation of 1.39 to confirm if the risk estimate we provide is consistent with the expected return of 0.071%. The fund holds a Beta of 0.68, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pnc International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pnc International is expected to be smaller as well.
Auto-correlation | 0.13 |
Insignificant predictability
Pnc International Equity has insignificant predictability. Overlapping area represents the amount of predictability between Pnc International time series from 18th of February 2025 to 4th of April 2025 and 4th of April 2025 to 19th of May 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 Pnc International Equity price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Pnc International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 1.23 |
Pnc International Equity lagged returns against current returns
Autocorrelation, which is Pnc International 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 Pnc International's mutual fund expected returns. We can calculate the autocorrelation of Pnc International returns to help us make a trade decision. For example, suppose you find that Pnc International 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 |
Pnc International 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 Pnc International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pnc International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pnc International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Pnc International Lagged Returns
When evaluating Pnc International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pnc International mutual fund have on its future price. Pnc International 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, Pnc International autocorrelation shows the relationship between Pnc International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Pnc International Equity.
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 Pnc Mutual Fund
Pnc International financial ratios help investors to determine whether Pnc 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 Pnc with respect to the benefits of owning Pnc International security.
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