Proxy Voting Where Does Your Fund Manager Stand On Esg Issuesaspx Fund Market Value
| ADEIX Fund | USD 17.77 0.07 0.40% |
| Symbol | Proxy |
Proxy Voting '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 Proxy Voting'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 Proxy Voting.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Proxy Voting on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Proxy Voting Where Does Your Fund Manager Stand On Esg Issuesaspx or generate 0.0% return on investment in Proxy Voting over 30 days. Proxy Voting is related to or competes with Allianzgi Health, Alger Health, Health Biotchnology, Alphacentric Lifesci, Baillie Gifford, and Tekla Healthcare. Under normal circumstances, at least 80 percent of the assets of the fund will be invested in dividend paying equity sec... More
Proxy Voting 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 Proxy Voting'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 Proxy Voting Where Does Your Fund Manager Stand On Esg Issuesaspx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.656 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.56 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 1.06 |
Proxy Voting Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Proxy Voting's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Proxy Voting's standard deviation. In reality, there are many statistical measures that can use Proxy Voting historical prices to predict the future Proxy Voting's volatility.| Risk Adjusted Performance | 0.1282 | |||
| Jensen Alpha | 1.0E-4 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1277 |
Proxy Voting Where Backtested Returns
At this stage we consider Proxy Mutual Fund to be very steady. Proxy Voting Where maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Proxy Voting Where, which you can use to evaluate the volatility of the fund. Please check Proxy Voting's Coefficient Of Variation of 591.86, semi deviation of 0.4756, and Risk Adjusted Performance of 0.1282 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. The fund holds a Beta of 0.84, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Proxy Voting's returns are expected to increase less than the market. However, during the bear market, the loss of holding Proxy Voting is expected to be smaller as well.
Auto-correlation | 0.84 |
Very good predictability
Proxy Voting Where Does Your Fund Manager Stand On Esg Issuesaspx has very good predictability. Overlapping area represents the amount of predictability between Proxy Voting time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Proxy Voting Where price movement. The serial correlation of 0.84 indicates that around 84.0% of current Proxy Voting price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Proxy Voting Where lagged returns against current returns
Autocorrelation, which is Proxy Voting 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 Proxy Voting's mutual fund expected returns. We can calculate the autocorrelation of Proxy Voting returns to help us make a trade decision. For example, suppose you find that Proxy Voting 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 |
Proxy Voting 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 Proxy Voting mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Proxy Voting mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Proxy Voting mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Proxy Voting Lagged Returns
When evaluating Proxy Voting's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Proxy Voting mutual fund have on its future price. Proxy Voting 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, Proxy Voting autocorrelation shows the relationship between Proxy Voting mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Proxy Voting Where Does Your Fund Manager Stand On Esg Issuesaspx.
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 Proxy Mutual Fund
Proxy Voting financial ratios help investors to determine whether Proxy 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 Proxy with respect to the benefits of owning Proxy Voting security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |