4d Bci (South Africa) Market Value
| 0P0000XPXE | 2.38 0.01 0.42% |
| Symbol | 0P0000XPXE |
4d Bci '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 4d Bci's 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 4d Bci.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in 4d Bci on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding 4d Bci Moderate or generate 0.0% return on investment in 4d Bci over 90 days.
4d Bci 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 4d Bci's 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 4d Bci Moderate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4855 | |||
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 1.29 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.4329 |
4d Bci Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 4d Bci's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 4d Bci's standard deviation. In reality, there are many statistical measures that can use 4d Bci historical prices to predict the future 4d Bci's volatility.| Risk Adjusted Performance | 0.0777 | |||
| Jensen Alpha | 0.0185 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.3281 |
4d Bci Moderate Backtested Returns
At this stage we consider 0P0000XPXE Fund to be not too volatile. 4d Bci Moderate retains Efficiency (Sharpe Ratio) of 0.1, which signifies that the fund had a 0.1% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 4d Bci, which you can use to evaluate the volatility of the entity. Please confirm 4d Bci's Coefficient Of Variation of 844.3, market risk adjusted performance of 0.3381, and Standard Deviation of 0.3313 to double-check if the risk estimate we provide is consistent with the expected return of 0.0343%. The fund owns a Beta (Systematic Risk) of 0.0891, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 4d Bci's returns are expected to increase less than the market. However, during the bear market, the loss of holding 4d Bci is expected to be smaller as well.
Auto-correlation | -0.51 |
Good reverse predictability
4d Bci Moderate has good reverse predictability. Overlapping area represents the amount of predictability between 4d Bci time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th of November 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 4d Bci Moderate price movement. The serial correlation of -0.51 indicates that about 51.0% of current 4d Bci price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
4d Bci Moderate lagged returns against current returns
Autocorrelation, which is 4d Bci 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 4d Bci's fund expected returns. We can calculate the autocorrelation of 4d Bci returns to help us make a trade decision. For example, suppose you find that 4d Bci has exhibited high autocorrelation historically, and you observe that the 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 |
4d Bci 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 4d Bci fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 4d Bci fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 4d Bci fund over time.
Current vs Lagged Prices |
| Timeline |
4d Bci Lagged Returns
When evaluating 4d Bci's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 4d Bci fund have on its future price. 4d Bci 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, 4d Bci autocorrelation shows the relationship between 4d Bci fund current value and its past values and can show if there is a momentum factor associated with investing in 4d Bci Moderate.
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.| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |