Buffalo Growth Fund Market Value
| BIIGX Fund | USD 38.17 0.18 0.47% |
| Symbol | Buffalo |
Buffalo Growth '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 Buffalo Growth'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 Buffalo Growth.
| 03/05/2024 |
| 11/30/2024 |
If you would invest 0.00 in Buffalo Growth on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding Buffalo Growth or generate 0.0% return on investment in Buffalo Growth over 270 days. Buffalo Growth is related to or competes with Buffalo Growth, Buffalo Mid, Buffalo High, Buffalo Flexible, and Buffalo Emerging. The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securitie... More
Buffalo Growth 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 Buffalo Growth'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 Buffalo Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.6 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 1.46 |
Buffalo Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Buffalo Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Buffalo Growth's standard deviation. In reality, there are many statistical measures that can use Buffalo Growth historical prices to predict the future Buffalo Growth's volatility.| Risk Adjusted Performance | 0.11 | |||
| Jensen Alpha | 0.0131 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1432 |
Buffalo Growth Backtested Returns
At this stage we consider Buffalo Mutual Fund to be very steady. Buffalo Growth secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the fund had a 0.18% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Buffalo Growth, which you can use to evaluate the volatility of the entity. Please confirm Buffalo Growth's risk adjusted performance of 0.11, and Mean Deviation of 0.6237 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. The fund shows a Beta (market volatility) of 0.84, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Buffalo Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Buffalo Growth is expected to be smaller as well.
Auto-correlation | 0.70 |
Good predictability
Buffalo Growth has good predictability. Overlapping area represents the amount of predictability between Buffalo Growth time series from 5th of March 2024 to 18th of July 2024 and 18th of July 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 Buffalo Growth price movement. The serial correlation of 0.7 indicates that around 70.0% of current Buffalo Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 1.88 |
Buffalo Growth lagged returns against current returns
Autocorrelation, which is Buffalo Growth 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 Buffalo Growth's mutual fund expected returns. We can calculate the autocorrelation of Buffalo Growth returns to help us make a trade decision. For example, suppose you find that Buffalo Growth 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 |
Buffalo Growth 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 Buffalo Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Buffalo Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Buffalo Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Buffalo Growth Lagged Returns
When evaluating Buffalo Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Buffalo Growth mutual fund have on its future price. Buffalo Growth 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, Buffalo Growth autocorrelation shows the relationship between Buffalo Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Buffalo Growth.
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 Buffalo Mutual Fund
Buffalo Growth financial ratios help investors to determine whether Buffalo 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 Buffalo with respect to the benefits of owning Buffalo Growth security.
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