QGIAX Mutual Fund Market Value

QGIAX
 Fund
  

USD 22.39  0.76  3.51%   

PEAR TREE's market value is the price at which a share of PEAR TREE stock trades on a public exchange. It measures the collective expectations of PEAR TREE QUALITY investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of PEAR TREE QUALITY and determine expected loss or profit from investing in PEAR TREE over a given investment horizon. Please see PEAR TREE Correlation, PEAR TREE Volatility and PEAR TREE Alpha and Beta module to complement your research on PEAR TREE.
Symbol

Please note, there is a significant difference between PEAR TREE's value and its price as these two are different measures arrived at by different means. Investors typically determine PEAR TREE value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PEAR TREE'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.

PEAR TREE '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 PEAR TREE'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 PEAR TREE.
0.00
01/10/2021
No Change 0.00  0.0 
In 1 year 10 months and 22 days
12/01/2022
0.00
If you would invest  0.00  in PEAR TREE on January 10, 2021 and sell it all today you would earn a total of 0.00 from holding PEAR TREE QUALITY or generate 0.0% return on investment in PEAR TREE over 690 days. PEAR TREE is related to or competes with HP, and FT Cboe. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of U.S More

PEAR TREE 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 PEAR TREE'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 PEAR TREE QUALITY upside and downside potential and time the market with a certain degree of confidence.

PEAR TREE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for PEAR TREE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PEAR TREE's standard deviation. In reality, there are many statistical measures that can use PEAR TREE historical prices to predict the future PEAR TREE's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of PEAR TREE'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. Please use the tools below to analyze the current value of PEAR TREE in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
20.8222.3923.96
Details
Intrinsic
Valuation
LowReal ValueHigh
20.4221.9923.56
Details
Naive
Forecast
LowNext ValueHigh
20.9322.5024.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.9921.3022.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PEAR TREE. Your research has to be compared to or analyzed against PEAR TREE's peers to derive any actionable benefits. When done correctly, PEAR TREE's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in PEAR TREE QUALITY.

PEAR TREE QUALITY Backtested Returns

We consider PEAR TREE very steady. PEAR TREE QUALITY retains Efficiency (Sharpe Ratio) of 0.0798, which implies the entity had 0.0798% of return per unit of risk over the last 3 months. Our approach towards forecasting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for PEAR TREE, which you can use to evaluate the future volatility of the fund. Please check PEAR TREE QUALITY market risk adjusted performance of 0.0876, and Semi Deviation of 1.2 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
The fund owns a Beta (Systematic Risk) of 0.9875, which implies possible diversification benefits within a given portfolio. Let's try to break down what QGIAX's beta means in this case. PEAR TREE returns are very sensitive to returns on the market. As the market goes up or down, PEAR TREE is expected to follow. Although it is important to respect PEAR TREE QUALITY existing price patterns, it is better to be realistic regarding the information on the equity's price patterns. The approach towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating PEAR TREE QUALITY technical indicators, you can right now evaluate if the expected return of 0.13% will be sustainable into the future.

Auto-correlation

    
  -0.84  

Excellent reverse predictability

PEAR TREE QUALITY has excellent reverse predictability. Overlapping area represents the amount of predictability between PEAR TREE time series from 10th of January 2021 to 21st of December 2021 and 21st of December 2021 to 1st of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PEAR TREE QUALITY price movement. The serial correlation of -0.84 indicates that around 84.0% of current PEAR TREE price fluctuation can be explain by its past prices.
Correlation Coefficient-0.84
Spearman Rank Test-0.68
Residual Average0.0
Price Variance2.38

PEAR TREE QUALITY lagged returns against current returns

Autocorrelation, which is PEAR TREE 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 PEAR TREE's mutual fund expected returns. We can calculate the autocorrelation of PEAR TREE returns to help us make a trade decision. For example, suppose you find that PEAR TREE mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

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

PEAR TREE Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in PEAR TREE without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please see PEAR TREE Correlation, PEAR TREE Volatility and PEAR TREE Alpha and Beta module to complement your research on PEAR TREE. Note that the PEAR TREE QUALITY information on this page should be used as a complementary analysis to other PEAR TREE'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for QGIAX Mutual Fund analysis

When running PEAR TREE QUALITY price analysis, check to measure PEAR TREE'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 PEAR TREE is operating at the current time. Most of PEAR TREE's value examination focuses on studying past and present price action to predict the probability of PEAR TREE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PEAR TREE's price. Additionally, you may evaluate how the addition of PEAR TREE to your portfolios can decrease your overall portfolio volatility.
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PEAR TREE 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.
A focus of PEAR TREE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PEAR TREE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...