Reynders Mcveigh E Fund Market Value
| ESGEX Fund | USD 19.85 0.09 0.46% |
| Symbol | Reynders |
Reynders Mcveigh '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 Reynders Mcveigh'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 Reynders Mcveigh.
| 03/05/2024 |
| 11/30/2024 |
If you would invest 0.00 in Reynders Mcveigh on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding Reynders Mcveigh E or generate 0.0% return on investment in Reynders Mcveigh over 270 days. Reynders Mcveigh is related to or competes with Kinetics Small, T Rowe, Ab Small, Qs Growth, Nationwide Growth, Chase Growth, and Small-midcap Dividend. The fund seeks to achieve its objective by investing at least 80 percent of its net assets in equity securities that mee... More
Reynders Mcveigh 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 Reynders Mcveigh'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 Reynders Mcveigh E upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9339 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 4.06 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.15 |
Reynders Mcveigh Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reynders Mcveigh's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reynders Mcveigh's standard deviation. In reality, there are many statistical measures that can use Reynders Mcveigh historical prices to predict the future Reynders Mcveigh's volatility.| Risk Adjusted Performance | 0.0414 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0434 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Reynders Mcveigh'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.
Reynders Mcveigh E Backtested Returns
At this stage we consider Reynders Mutual Fund to be very steady. Reynders Mcveigh E maintains Sharpe Ratio (i.e., Efficiency) of 0.0885, which implies the entity had a 0.0885% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Reynders Mcveigh E, which you can use to evaluate the volatility of the fund. Please check Reynders Mcveigh's Semi Deviation of 0.8469, coefficient of variation of 1890.54, and Risk Adjusted Performance of 0.0414 to confirm if the risk estimate we provide is consistent with the expected return of 0.0698%. The fund holds a Beta of 0.8, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Reynders Mcveigh's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reynders Mcveigh is expected to be smaller as well.
Auto-correlation | 0.46 |
Average predictability
Reynders Mcveigh E has average predictability. Overlapping area represents the amount of predictability between Reynders Mcveigh time series from 5th of March 2024 to 18th of July 2024 and 18th of July 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 Reynders Mcveigh E price movement. The serial correlation of 0.46 indicates that about 46.0% of current Reynders Mcveigh price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Reynders Mcveigh E lagged returns against current returns
Autocorrelation, which is Reynders Mcveigh 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 Reynders Mcveigh's mutual fund expected returns. We can calculate the autocorrelation of Reynders Mcveigh returns to help us make a trade decision. For example, suppose you find that Reynders Mcveigh 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 |
Reynders Mcveigh 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 Reynders Mcveigh mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reynders Mcveigh mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reynders Mcveigh mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Reynders Mcveigh Lagged Returns
When evaluating Reynders Mcveigh's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reynders Mcveigh mutual fund have on its future price. Reynders Mcveigh 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, Reynders Mcveigh autocorrelation shows the relationship between Reynders Mcveigh mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Reynders Mcveigh E.
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 Reynders Mutual Fund
Reynders Mcveigh financial ratios help investors to determine whether Reynders 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 Reynders with respect to the benefits of owning Reynders Mcveigh security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |