Blue Chip Investor Fund Market Value
| BCIFX Fund | USD 238.58 0.10 0.04% |
| Symbol | Blue |
Blue Chip '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 Blue Chip'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 Blue Chip.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Blue Chip on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Blue Chip Investor or generate 0.0% return on investment in Blue Chip over 720 days. Blue Chip is related to or competes with Aqr Large, Fidelity Series, Qs Us, Avantis Us, Pace Large, and Touchstone Large. The fund invests primarily in the common stocks of industry-dominant companies whose earnings have demonstrated superior... More
Blue Chip 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 Blue Chip'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 Blue Chip Investor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7984 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.76 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.15 |
Blue Chip Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Chip's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Chip's standard deviation. In reality, there are many statistical measures that can use Blue Chip historical prices to predict the future Blue Chip's volatility.| Risk Adjusted Performance | 0.0752 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0746 |
Blue Chip Investor Backtested Returns
At this stage we consider Blue Mutual Fund to be very steady. Blue Chip Investor secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Blue Chip Investor, which you can use to evaluate the volatility of the entity. Please confirm Blue Chip's Mean Deviation of 0.6309, risk adjusted performance of 0.0752, and Downside Deviation of 0.7984 to double-check if the risk estimate we provide is consistent with the expected return of 0.0962%. The fund shows a Beta (market volatility) of 1.01, which signifies a somewhat significant risk relative to the market. Blue Chip returns are very sensitive to returns on the market. As the market goes up or down, Blue Chip is expected to follow.
Auto-correlation | 0.64 |
Good predictability
Blue Chip Investor has good predictability. Overlapping area represents the amount of predictability between Blue Chip time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Blue Chip Investor price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Blue Chip price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 120.27 |
Blue Chip Investor lagged returns against current returns
Autocorrelation, which is Blue Chip 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 Blue Chip's mutual fund expected returns. We can calculate the autocorrelation of Blue Chip returns to help us make a trade decision. For example, suppose you find that Blue Chip 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 |
Blue Chip 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 Blue Chip mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Chip mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blue Chip mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Blue Chip Lagged Returns
When evaluating Blue Chip's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Chip mutual fund have on its future price. Blue Chip 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, Blue Chip autocorrelation shows the relationship between Blue Chip mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Blue Chip Investor.
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 Blue Mutual Fund
Blue Chip financial ratios help investors to determine whether Blue 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 Blue with respect to the benefits of owning Blue Chip security.
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