Fabwx Fund Market Value
| FABWX Fund | USD 15.38 0.18 1.16% |
| Symbol | Fabwx |
Please note, there is a significant difference between Fabwx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fabwx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fabwx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Fabwx '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 Fabwx'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 Fabwx.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Fabwx on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Fabwx or generate 0.0% return on investment in Fabwx over 30 days. Fabwx is related to or competes with Aqr Risk, Lgm Risk, Needham Aggressive, Us High, The Hartford, Barings Us, and Massmutual Premier. More
Fabwx 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 Fabwx'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 Fabwx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | 0.0269 | |||
| Maximum Drawdown | 6.74 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.52 |
Fabwx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fabwx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fabwx's standard deviation. In reality, there are many statistical measures that can use Fabwx historical prices to predict the future Fabwx's volatility.| Risk Adjusted Performance | 0.0847 | |||
| Jensen Alpha | 0.1289 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.02 | |||
| Treynor Ratio | (25.70) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fabwx'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.
Fabwx Backtested Returns
At this stage we consider Fabwx Mutual Fund to be very steady. Fabwx secures Sharpe Ratio (or Efficiency) of 0.0895, which denotes the fund had a 0.0895 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Fabwx, which you can use to evaluate the volatility of the entity. Please confirm Fabwx's Downside Deviation of 1.93, semi deviation of 1.65, and Mean Deviation of 0.9347 to check if the risk estimate we provide is consistent with the expected return of 0.13%. The fund shows a Beta (market volatility) of -0.005, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fabwx are expected to decrease at a much lower rate. During the bear market, Fabwx is likely to outperform the market.
Auto-correlation | 0.35 |
Below average predictability
Fabwx has below average predictability. Overlapping area represents the amount of predictability between Fabwx time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 Fabwx price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Fabwx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Fabwx lagged returns against current returns
Autocorrelation, which is Fabwx 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 Fabwx's mutual fund expected returns. We can calculate the autocorrelation of Fabwx returns to help us make a trade decision. For example, suppose you find that Fabwx 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 |
Fabwx 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 Fabwx mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fabwx mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fabwx mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fabwx Lagged Returns
When evaluating Fabwx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fabwx mutual fund have on its future price. Fabwx 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, Fabwx autocorrelation shows the relationship between Fabwx mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fabwx.
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 Fabwx Mutual Fund
Fabwx financial ratios help investors to determine whether Fabwx 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 Fabwx with respect to the benefits of owning Fabwx security.
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