Income Fund Of Fund Market Value
| CIMEX Fund | USD 25.79 0.16 0.62% |
| Symbol | Income |
Income Fund '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 Income Fund'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 Income Fund.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Income Fund on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Income Fund Of or generate 0.0% return on investment in Income Fund over 30 days. Income Fund is related to or competes with Capital World, New Perspective, Growth Fund, Income Fund, and Smallcap World. Normally the fund invests primarily in income-producing securities More
Income Fund 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 Income Fund'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 Income Fund Of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4058 | |||
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 1.98 | |||
| Value At Risk | (0.73) | |||
| Potential Upside | 0.7059 |
Income Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Income Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Income Fund's standard deviation. In reality, there are many statistical measures that can use Income Fund historical prices to predict the future Income Fund's volatility.| Risk Adjusted Performance | 0.0741 | |||
| Jensen Alpha | 0.0356 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | (6.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Income Fund'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.
Income Fund Backtested Returns
At this stage we consider Income Mutual Fund to be very steady. Income Fund holds Efficiency (Sharpe) Ratio of 0.0788, which attests that the entity had a 0.0788% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Income Fund, which you can use to evaluate the volatility of the entity. Please check out Income Fund's Market Risk Adjusted Performance of (6.35), risk adjusted performance of 0.0741, and Downside Deviation of 0.4058 to validate if the risk estimate we provide is consistent with the expected return of 0.032%. The fund retains a Market Volatility (i.e., Beta) of -0.0055, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Income Fund are expected to decrease at a much lower rate. During the bear market, Income Fund is likely to outperform the market.
Auto-correlation | 0.53 |
Modest predictability
Income Fund Of has modest predictability. Overlapping area represents the amount of predictability between Income Fund time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Income Fund price movement. The serial correlation of 0.53 indicates that about 53.0% of current Income Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Income Fund lagged returns against current returns
Autocorrelation, which is Income Fund 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 Income Fund's mutual fund expected returns. We can calculate the autocorrelation of Income Fund returns to help us make a trade decision. For example, suppose you find that Income Fund 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 |
Income Fund 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 Income Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Income Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Income Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Income Fund Lagged Returns
When evaluating Income Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Income Fund mutual fund have on its future price. Income Fund 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, Income Fund autocorrelation shows the relationship between Income Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Income Fund Of.
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 Income Mutual Fund
Income Fund financial ratios help investors to determine whether Income 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 Income with respect to the benefits of owning Income Fund security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |