Evaluator Very Conservative Fund Market Value
| EVVLX Fund | USD 9.51 0.01 0.11% |
| Symbol | Evaluator |
Evaluator Very '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 Very'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 Very.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Evaluator Very on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Evaluator Very Conservative or generate 0.0% return on investment in Evaluator Very over 30 days. Evaluator Very is related to or competes with Evaluator Aggressive, Evaluator Tactically, Evaluator Moderate, Evaluator Aggressive, Evaluator Conservative, Evaluator Growth, and Evaluator Growth. The fund normally invests in the securities of other unaffiliated investment companies, including open-end funds, ETFs a... More
Evaluator Very 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 Very'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 Very Conservative upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.66) | |||
| Maximum Drawdown | 1.16 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.3148 |
Evaluator Very Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evaluator Very's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evaluator Very's standard deviation. In reality, there are many statistical measures that can use Evaluator Very historical prices to predict the future Evaluator Very's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.55) |
Evaluator Very Conse Backtested Returns
Evaluator Very Conse secures Sharpe Ratio (or Efficiency) of -0.0322, which denotes the fund had a -0.0322% return per unit of standard deviation over the last 3 months. Evaluator Very Conservative exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Evaluator Very's Coefficient Of Variation of (14,226), standard deviation of 0.1988, and Mean Deviation of 0.1319 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0206, which means not very significant fluctuations relative to the market. As returns on the market increase, Evaluator Very's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evaluator Very is expected to be smaller as well.
Auto-correlation | 0.27 |
Poor predictability
Evaluator Very Conservative has poor predictability. Overlapping area represents the amount of predictability between Evaluator Very time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Evaluator Very Conse price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Evaluator Very price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Evaluator Very Conse lagged returns against current returns
Autocorrelation, which is Evaluator Very 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 Very's mutual fund expected returns. We can calculate the autocorrelation of Evaluator Very returns to help us make a trade decision. For example, suppose you find that Evaluator Very 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 Very 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 Very mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evaluator Very 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 Very mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Evaluator Very Lagged Returns
When evaluating Evaluator Very's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evaluator Very mutual fund have on its future price. Evaluator Very 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 Very autocorrelation shows the relationship between Evaluator Very mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Evaluator Very Conservative.
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 Very 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 Very security.
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