Fbanjx Fund Market Value
| FBANJX Fund | 9.76 0.07 0.72% |
| Symbol | Fbanjx |
Fbanjx '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 Fbanjx's 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 Fbanjx.
| 02/07/2024 |
| 02/01/2025 |
If you would invest 0.00 in Fbanjx on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding Fbanjx or generate 0.0% return on investment in Fbanjx over 360 days.
Fbanjx 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 Fbanjx's 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 Fbanjx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8945 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 2.83 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 1.04 |
Fbanjx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fbanjx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fbanjx's standard deviation. In reality, there are many statistical measures that can use Fbanjx historical prices to predict the future Fbanjx's volatility.| Risk Adjusted Performance | 0.0366 | |||
| Jensen Alpha | 0.0162 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.2396 |
Fbanjx Backtested Returns
At this stage we consider Fbanjx Fund to be very steady. Fbanjx secures Sharpe Ratio (or Efficiency) of 0.0457, which denotes the fund had a 0.0457 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Fbanjx, which you can use to evaluate the volatility of the entity. Please confirm Fbanjx's Downside Deviation of 0.8945, semi deviation of 0.7773, and Mean Deviation of 0.531 to check if the risk estimate we provide is consistent with the expected return of 0.0327%. The fund shows a Beta (market volatility) of 0.0946, which means not very significant fluctuations relative to the market. As returns on the market increase, Fbanjx's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fbanjx is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Fbanjx has no correlation between past and present. Overlapping area represents the amount of predictability between Fbanjx time series from 7th of February 2024 to 5th of August 2024 and 5th of August 2024 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 Fbanjx price movement. The serial correlation of 0.0 indicates that just 0.0% of current Fbanjx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fbanjx lagged returns against current returns
Autocorrelation, which is Fbanjx 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 Fbanjx's fund expected returns. We can calculate the autocorrelation of Fbanjx returns to help us make a trade decision. For example, suppose you find that Fbanjx has exhibited high autocorrelation historically, and you observe that the 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 |
Fbanjx 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 Fbanjx fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fbanjx fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fbanjx fund over time.
Current vs Lagged Prices |
| Timeline |
Fbanjx Lagged Returns
When evaluating Fbanjx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fbanjx fund have on its future price. Fbanjx 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, Fbanjx autocorrelation shows the relationship between Fbanjx fund current value and its past values and can show if there is a momentum factor associated with investing in Fbanjx.
Regressed Prices |
| Timeline |
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