Fulcrum Diversified Absolute Fund Market Value
| FARIX Fund | USD 9.89 0.03 0.30% |
| Symbol | Fulcrum |
Fulcrum Diversified '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 Fulcrum Diversified'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 Fulcrum Diversified.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Fulcrum Diversified on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Fulcrum Diversified Absolute or generate 0.0% return on investment in Fulcrum Diversified over 90 days. Fulcrum Diversified is related to or competes with Small Cap, American Century, Tax-managed, Guggenheim Diversified, Jhancock Diversified, and Sentinel Small. In seeking to achieve its aim of long-term absolute returns, the fund aims to hold a diversified portfolio and achieve l... More
Fulcrum Diversified 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 Fulcrum Diversified'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 Fulcrum Diversified Absolute upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3164 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 1.55 | |||
| Value At Risk | (0.52) | |||
| Potential Upside | 0.6173 |
Fulcrum Diversified Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fulcrum Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fulcrum Diversified's standard deviation. In reality, there are many statistical measures that can use Fulcrum Diversified historical prices to predict the future Fulcrum Diversified's volatility.| Risk Adjusted Performance | 0.1258 | |||
| Jensen Alpha | 0.0344 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | 0.3839 |
Fulcrum Diversified Backtested Returns
At this stage we consider Fulcrum Mutual Fund to be out of control. Fulcrum Diversified secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the fund had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fulcrum Diversified Absolute, which you can use to evaluate the volatility of the entity. Please confirm Fulcrum Diversified's Mean Deviation of 0.2591, downside deviation of 0.3164, and Coefficient Of Variation of 550.36 to check if the risk estimate we provide is consistent with the expected return of 0.0601%. The fund shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Fulcrum Diversified's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fulcrum Diversified is expected to be smaller as well.
Auto-correlation | 0.10 |
Insignificant predictability
Fulcrum Diversified Absolute has insignificant predictability. Overlapping area represents the amount of predictability between Fulcrum Diversified time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Fulcrum Diversified price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Fulcrum Diversified price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Fulcrum Diversified lagged returns against current returns
Autocorrelation, which is Fulcrum Diversified 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 Fulcrum Diversified's mutual fund expected returns. We can calculate the autocorrelation of Fulcrum Diversified returns to help us make a trade decision. For example, suppose you find that Fulcrum Diversified 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 |
Fulcrum Diversified 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 Fulcrum Diversified mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fulcrum Diversified mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fulcrum Diversified mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fulcrum Diversified Lagged Returns
When evaluating Fulcrum Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fulcrum Diversified mutual fund have on its future price. Fulcrum Diversified 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, Fulcrum Diversified autocorrelation shows the relationship between Fulcrum Diversified mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fulcrum Diversified Absolute.
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 Fulcrum Mutual Fund
Fulcrum Diversified financial ratios help investors to determine whether Fulcrum 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 Fulcrum with respect to the benefits of owning Fulcrum Diversified security.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |