Buffalo Dividend Focus Fund Market Value
| BUIDX Fund | USD 34.05 0.14 0.41% |
| Symbol | Buffalo |
Buffalo Dividend '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 Dividend'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 Dividend.
| 03/05/2024 |
| 11/30/2024 |
If you would invest 0.00 in Buffalo Dividend on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding Buffalo Dividend Focus or generate 0.0% return on investment in Buffalo Dividend over 270 days. Buffalo Dividend is related to or competes with Buffalo Emerging, Buffalo Discovery, Buffalo International, Buffalo Large, and Buffalo Flexible. The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in a mix of growth ... More
Buffalo Dividend 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 Dividend'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 Dividend Focus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5731 | |||
| Information Ratio | 0.0098 | |||
| Maximum Drawdown | 3.25 | |||
| Value At Risk | (0.70) | |||
| Potential Upside | 1.01 |
Buffalo Dividend Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Buffalo Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Buffalo Dividend's standard deviation. In reality, there are many statistical measures that can use Buffalo Dividend historical prices to predict the future Buffalo Dividend's volatility.| Risk Adjusted Performance | 0.1737 | |||
| Jensen Alpha | 0.0404 | |||
| Total Risk Alpha | 0.0295 | |||
| Sortino Ratio | 0.0106 | |||
| Treynor Ratio | 0.1828 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Buffalo Dividend's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Buffalo Dividend Focus Backtested Returns
At this stage we consider Buffalo Mutual Fund to be very steady. Buffalo Dividend Focus secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the fund had a 0.25% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Buffalo Dividend Focus, which you can use to evaluate the volatility of the entity. Please confirm Buffalo Dividend's mean deviation of 0.4622, and Risk Adjusted Performance of 0.1737 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Buffalo Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Buffalo Dividend is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Buffalo Dividend Focus has good predictability. Overlapping area represents the amount of predictability between Buffalo Dividend 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 Dividend Focus price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Buffalo Dividend price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 1.29 |
Buffalo Dividend Focus lagged returns against current returns
Autocorrelation, which is Buffalo Dividend 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 Dividend's mutual fund expected returns. We can calculate the autocorrelation of Buffalo Dividend returns to help us make a trade decision. For example, suppose you find that Buffalo Dividend 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 Dividend 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 Dividend mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Buffalo Dividend 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 Dividend mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Buffalo Dividend Lagged Returns
When evaluating Buffalo Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Buffalo Dividend mutual fund have on its future price. Buffalo Dividend 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 Dividend autocorrelation shows the relationship between Buffalo Dividend mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Buffalo Dividend Focus.
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 Dividend 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 Dividend security.
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