Consumer Services Ultrasector Fund Market Value
| CYPSX Fund | USD 57.08 1.22 2.18% |
| Symbol | Consumer |
Consumer Services '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 Consumer Services' 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 Consumer Services.
| 05/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in Consumer Services on May 4, 2023 and sell it all today you would earn a total of 0.00 from holding Consumer Services Ultrasector or generate 0.0% return on investment in Consumer Services over 570 days. Consumer Services is related to or competes with Short Real, Short Real, Technology Ultrasector, Technology Ultrasector, Large-cap Growth, Profunds-large Cap, and Bear Profund. The fund invests in financial instruments that the fund advisors believes, in combination, should produce daily returns ... More
Consumer Services 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 Consumer Services' 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 Consumer Services Ultrasector upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.1437 | |||
| Maximum Drawdown | 6.95 | |||
| Value At Risk | (2.19) | |||
| Potential Upside | 2.98 |
Consumer Services Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Consumer Services' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Consumer Services' standard deviation. In reality, there are many statistical measures that can use Consumer Services historical prices to predict the future Consumer Services' volatility.| Risk Adjusted Performance | 0.1741 | |||
| Jensen Alpha | 0.1801 | |||
| Total Risk Alpha | 0.0971 | |||
| Sortino Ratio | 0.1646 | |||
| Treynor Ratio | 0.2367 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Consumer Services' 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.
Consumer Services Backtested Returns
Consumer Services appears to be very steady, given 3 months investment horizon. Consumer Services secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the fund had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Consumer Services Ultrasector, which you can use to evaluate the volatility of the entity. Please makes use of Consumer Services' Mean Deviation of 1.36, downside deviation of 1.5, and Risk Adjusted Performance of 0.1741 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.55, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Consumer Services will likely underperform.
Auto-correlation | 0.37 |
Below average predictability
Consumer Services Ultrasector has below average predictability. Overlapping area represents the amount of predictability between Consumer Services time series from 4th of May 2023 to 13th of February 2024 and 13th of February 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 Consumer Services price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Consumer Services price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 13.01 |
Consumer Services lagged returns against current returns
Autocorrelation, which is Consumer Services 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 Consumer Services' mutual fund expected returns. We can calculate the autocorrelation of Consumer Services returns to help us make a trade decision. For example, suppose you find that Consumer Services 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 |
Consumer Services 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 Consumer Services mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Consumer Services mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Consumer Services mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Consumer Services Lagged Returns
When evaluating Consumer Services' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Consumer Services mutual fund have on its future price. Consumer Services 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, Consumer Services autocorrelation shows the relationship between Consumer Services mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Consumer Services Ultrasector.
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 Consumer Mutual Fund
Consumer Services financial ratios help investors to determine whether Consumer 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 Consumer with respect to the benefits of owning Consumer Services security.
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