Falling Dollar Profund Fund Market Value
| FDPIX Fund | USD 13.68 0.12 0.88% |
| Symbol | Falling |
Falling Us '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 Falling Us' 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 Falling Us.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in Falling Us on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Falling Dollar Profund or generate 0.0% return on investment in Falling Us over 90 days. Falling Us is related to or competes with Allianzgi Technology, Science Technology, Global Technology, Towpath Technology, Dreyfus Technology, Goldman Sachs, and Blackrock Science. The fund invests in financial instruments that the adviser believes, in combination, should track the performance of the... More
Falling Us 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 Falling Us' 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 Falling Dollar Profund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.47) | |||
| Maximum Drawdown | 2.06 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.5571 |
Falling Us Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Falling Us' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Falling Us' standard deviation. In reality, there are many statistical measures that can use Falling Us historical prices to predict the future Falling Us' volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (9.10) |
Falling Dollar Profund Backtested Returns
Falling Dollar Profund secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the fund had a -0.15% return per unit of risk over the last 3 months. Falling Dollar Profund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Falling Us' Mean Deviation of 0.3083, standard deviation of 0.3996, and Variance of 0.1597 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0079, which means not very significant fluctuations relative to the market. As returns on the market increase, Falling Us' returns are expected to increase less than the market. However, during the bear market, the loss of holding Falling Us is expected to be smaller as well.
Auto-correlation | 0.69 |
Good predictability
Falling Dollar Profund has good predictability. Overlapping area represents the amount of predictability between Falling Us time series from 30th of August 2024 to 14th of October 2024 and 14th of October 2024 to 28th 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 Falling Dollar Profund price movement. The serial correlation of 0.69 indicates that around 69.0% of current Falling Us price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Falling Dollar Profund lagged returns against current returns
Autocorrelation, which is Falling Us 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 Falling Us' mutual fund expected returns. We can calculate the autocorrelation of Falling Us returns to help us make a trade decision. For example, suppose you find that Falling Us 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 |
Falling Us 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 Falling Us mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Falling Us mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Falling Us mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Falling Us Lagged Returns
When evaluating Falling Us' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Falling Us mutual fund have on its future price. Falling Us 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, Falling Us autocorrelation shows the relationship between Falling Us mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Falling Dollar Profund.
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 Falling Mutual Fund
Falling Us financial ratios help investors to determine whether Falling 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 Falling with respect to the benefits of owning Falling Us security.
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