Foundry Partners Fundamental Fund Market Value
| DRSVX Fund | USD 24.21 0.06 0.25% |
| Symbol | Foundry |
Foundry Partners '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 Foundry Partners' 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 Foundry Partners.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Foundry Partners on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Foundry Partners Fundamental or generate 0.0% return on investment in Foundry Partners over 540 days. Foundry Partners is related to or competes with Templeton Emerging, Amg Gwk, Templeton Dragon, WisdomTree Japan, and Biglari Holdings. The fund invests at least 80 percent of its assets in common stocks of small capitalization companies that at the time o... More
Foundry Partners 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 Foundry Partners' 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 Foundry Partners Fundamental upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 7.19 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.76 |
Foundry Partners Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Foundry Partners' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Foundry Partners' standard deviation. In reality, there are many statistical measures that can use Foundry Partners historical prices to predict the future Foundry Partners' volatility.| Risk Adjusted Performance | 0.0455 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0407 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Foundry Partners' 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.
Foundry Partners Fun Backtested Returns
At this stage we consider Foundry Mutual Fund to be very steady. Foundry Partners Fun secures Sharpe Ratio (or Efficiency) of 0.0849, which denotes the fund had a 0.0849% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Foundry Partners Fundamental, which you can use to evaluate the volatility of the entity. Please confirm Foundry Partners' Downside Deviation of 1.02, coefficient of variation of 1834.87, and Mean Deviation of 0.8435 to check if the risk estimate we provide is consistent with the expected return of 0.1%. The fund shows a Beta (market volatility) of 1.41, which means 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, Foundry Partners will likely underperform.
Auto-correlation | 0.23 |
Weak predictability
Foundry Partners Fundamental has weak predictability. Overlapping area represents the amount of predictability between Foundry Partners time series from 9th of June 2023 to 5th of March 2024 and 5th of March 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 Foundry Partners Fun price movement. The serial correlation of 0.23 indicates that over 23.0% of current Foundry Partners price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
Foundry Partners Fun lagged returns against current returns
Autocorrelation, which is Foundry Partners 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 Foundry Partners' mutual fund expected returns. We can calculate the autocorrelation of Foundry Partners returns to help us make a trade decision. For example, suppose you find that Foundry Partners 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 |
Foundry Partners 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 Foundry Partners mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Foundry Partners mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Foundry Partners mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Foundry Partners Lagged Returns
When evaluating Foundry Partners' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Foundry Partners mutual fund have on its future price. Foundry Partners 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, Foundry Partners autocorrelation shows the relationship between Foundry Partners mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Foundry Partners Fundamental.
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 Foundry Mutual Fund
Foundry Partners financial ratios help investors to determine whether Foundry 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 Foundry with respect to the benefits of owning Foundry Partners security.
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