The Beehive Fund Market Value
| BEEHX Fund | USD 23.43 0.07 0.30% |
| Symbol | The |
The Beehive '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 The Beehive'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 The Beehive.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in The Beehive on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding The Beehive Fund or generate 0.0% return on investment in The Beehive over 720 days. The Beehive is related to or competes with Goldman Sachs, Gabelli Gold, Sprott Gold, Short Precious, Goldman Sachs, Global Gold, and Europac Gold. The fund primarily invests in equity securities of domestic companies with large and mid-sized market capitalizations More
The Beehive 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 The Beehive'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 The Beehive Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7388 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 0.8204 |
The Beehive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for The Beehive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as The Beehive's standard deviation. In reality, there are many statistical measures that can use The Beehive historical prices to predict the future The Beehive's volatility.| Risk Adjusted Performance | 0.0537 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0563 |
Beehive Fund Backtested Returns
At this stage we consider The Mutual Fund to be very steady. Beehive Fund owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0783, which indicates the fund had a 0.0783% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for The Beehive Fund, which you can use to evaluate the volatility of the fund. Please validate The Beehive's Risk Adjusted Performance of 0.0537, semi deviation of 0.6531, and Coefficient Of Variation of 1380.11 to confirm if the risk estimate we provide is consistent with the expected return of 0.0501%. The entity has a beta of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, the Beehive's returns are expected to increase less than the market. However, during the bear market, the loss of holding the Beehive is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
The Beehive Fund has good predictability. Overlapping area represents the amount of predictability between The Beehive 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 Beehive Fund price movement. The serial correlation of 0.78 indicates that around 78.0% of current The Beehive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.89 |
Beehive Fund lagged returns against current returns
Autocorrelation, which is The Beehive 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 The Beehive's mutual fund expected returns. We can calculate the autocorrelation of The Beehive returns to help us make a trade decision. For example, suppose you find that The Beehive 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 |
The Beehive 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 The Beehive mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if The Beehive mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in The Beehive mutual fund over time.
Current vs Lagged Prices |
| Timeline |
The Beehive Lagged Returns
When evaluating The Beehive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of The Beehive mutual fund have on its future price. The Beehive 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, The Beehive autocorrelation shows the relationship between The Beehive mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Beehive Fund.
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 The Mutual Fund
The Beehive financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Beehive security.
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