International Stock Fund Market Value
| DISYX Fund | USD 23.68 0.09 0.38% |
| Symbol | International |
International Stock '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 International Stock'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 International Stock.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in International Stock on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding International Stock Fund or generate 0.0% return on investment in International Stock over 30 days. International Stock is related to or competes with Mid-cap Value, Lord Abbett, Ultrasmall-cap Profund, Boston Partners, Ultramid-cap Profund, Amg River, and Heartland Value. To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment ... More
International Stock 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 International Stock'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 International Stock Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 4.78 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.27 |
International Stock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Stock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Stock's standard deviation. In reality, there are many statistical measures that can use International Stock historical prices to predict the future International Stock's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International Stock'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.
International Stock Backtested Returns
International Stock holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. International Stock exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out International Stock's Market Risk Adjusted Performance of (0.25), risk adjusted performance of (0.09), and Standard Deviation of 0.9751 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.51, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, International Stock's returns are expected to increase less than the market. However, during the bear market, the loss of holding International Stock is expected to be smaller as well.
Auto-correlation | 0.31 |
Below average predictability
International Stock Fund has below average predictability. Overlapping area represents the amount of predictability between International Stock time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 International Stock price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current International Stock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
International Stock lagged returns against current returns
Autocorrelation, which is International Stock 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 International Stock's mutual fund expected returns. We can calculate the autocorrelation of International Stock returns to help us make a trade decision. For example, suppose you find that International Stock 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 |
International Stock 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 International Stock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Stock mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Stock mutual fund over time.
Current vs Lagged Prices |
| Timeline |
International Stock Lagged Returns
When evaluating International Stock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Stock mutual fund have on its future price. International Stock 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, International Stock autocorrelation shows the relationship between International Stock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in International Stock Fund.
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 International Mutual Fund
International Stock financial ratios help investors to determine whether International 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 International with respect to the benefits of owning International Stock security.
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