Evaluator Growth Rms Fund Market Value
| EVGRX Fund | USD 12.11 0.08 0.67% |
| Symbol | Evaluator |
Evaluator Growth '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 Evaluator Growth'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 Evaluator Growth.
| 11/01/2024 |
| 01/30/2025 |
If you would invest 0.00 in Evaluator Growth on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Evaluator Growth Rms or generate 0.0% return on investment in Evaluator Growth over 90 days. Evaluator Growth is related to or competes with Firsthand Technology, Hennessy Technology, Vanguard Information, Columbia Global, Invesco Technology, and Specialized Technology. The fund invests in the securities of other unaffiliated investment companies, including open-end funds, ETFs and closed... More
Evaluator Growth 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 Evaluator Growth'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 Evaluator Growth Rms upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7642 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 3.92 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.01 |
Evaluator Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evaluator Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evaluator Growth's standard deviation. In reality, there are many statistical measures that can use Evaluator Growth historical prices to predict the future Evaluator Growth's volatility.| Risk Adjusted Performance | 0.0298 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0484 |
Evaluator Growth Rms Backtested Returns
At this stage we consider Evaluator Mutual Fund to be very steady. Evaluator Growth Rms secures Sharpe Ratio (or Efficiency) of 0.0816, which denotes the fund had a 0.0816 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Evaluator Growth Rms, which you can use to evaluate the volatility of the entity. Please confirm Evaluator Growth's Semi Deviation of 0.6645, downside deviation of 0.7642, and Mean Deviation of 0.4421 to check if the risk estimate we provide is consistent with the expected return of 0.0523%. The fund shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Evaluator Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evaluator Growth is expected to be smaller as well.
Auto-correlation | 0.12 |
Insignificant predictability
Evaluator Growth Rms has insignificant predictability. Overlapping area represents the amount of predictability between Evaluator Growth time series from 1st of November 2024 to 16th of December 2024 and 16th of December 2024 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Evaluator Growth Rms price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Evaluator Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Evaluator Growth Rms lagged returns against current returns
Autocorrelation, which is Evaluator Growth 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 Evaluator Growth's mutual fund expected returns. We can calculate the autocorrelation of Evaluator Growth returns to help us make a trade decision. For example, suppose you find that Evaluator Growth 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 |
Evaluator Growth 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 Evaluator Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evaluator Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Evaluator Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Evaluator Growth Lagged Returns
When evaluating Evaluator Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evaluator Growth mutual fund have on its future price. Evaluator Growth 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, Evaluator Growth autocorrelation shows the relationship between Evaluator Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Evaluator Growth Rms.
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 Evaluator Mutual Fund
Evaluator Growth financial ratios help investors to determine whether Evaluator 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 Evaluator with respect to the benefits of owning Evaluator Growth security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |