Catholic Values Fixed Fund Market Value
| CFVYX Fund | USD 8.58 0.01 0.12% |
| Symbol | Catholic |
Catholic Values '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 Catholic Values' 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 Catholic Values.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Catholic Values on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Catholic Values Fixed or generate 0.0% return on investment in Catholic Values over 30 days. Catholic Values is related to or competes with Jennison Natural, Goehring Rozencwajg, Oil Gas, Franklin Natural, and Hennessy. The fund invests at least 80 percent of the funds net assets in a diversified portfolio of bonds and other debt obligati... More
Catholic Values 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 Catholic Values' 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 Catholic Values Fixed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.56) | |||
| Maximum Drawdown | 1.25 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.4551 |
Catholic Values Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Catholic Values' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Catholic Values' standard deviation. In reality, there are many statistical measures that can use Catholic Values historical prices to predict the future Catholic Values' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.5562 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Catholic Values' 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.
Catholic Values Fixed Backtested Returns
Catholic Values Fixed secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the fund had a -0.12% return per unit of risk over the last 3 months. Catholic Values Fixed exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Catholic Values' Risk Adjusted Performance of (0.1), mean deviation of 0.2158, and Standard Deviation of 0.2842 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0707, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Catholic Values are expected to decrease at a much lower rate. During the bear market, Catholic Values is likely to outperform the market.
Auto-correlation | 0.27 |
Poor predictability
Catholic Values Fixed has poor predictability. Overlapping area represents the amount of predictability between Catholic Values time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Catholic Values Fixed price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Catholic Values price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Catholic Values Fixed lagged returns against current returns
Autocorrelation, which is Catholic Values 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 Catholic Values' mutual fund expected returns. We can calculate the autocorrelation of Catholic Values returns to help us make a trade decision. For example, suppose you find that Catholic Values 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 |
Catholic Values 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 Catholic Values mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Catholic Values mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Catholic Values mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Catholic Values Lagged Returns
When evaluating Catholic Values' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Catholic Values mutual fund have on its future price. Catholic Values 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, Catholic Values autocorrelation shows the relationship between Catholic Values mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Catholic Values Fixed.
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 Catholic Mutual Fund
Catholic Values financial ratios help investors to determine whether Catholic 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 Catholic with respect to the benefits of owning Catholic Values security.
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