Fa Strategic Income Fund Market Value
| FICKX Fund | USD 14.84 0.02 0.13% |
| Symbol | FICKX |
Please note, there is a significant difference between Fa Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fa Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fa Strategic'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.
Fa Strategic '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 Fa Strategic'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 Fa Strategic.
| 01/21/2025 |
| 01/16/2026 |
If you would invest 0.00 in Fa Strategic on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding Fa Strategic Income or generate 0.0% return on investment in Fa Strategic over 360 days. Fa Strategic is related to or competes with Franklin California, T Rowe, Calvert Aggressive, Gmo High, Morningstar Aggressive, and Siit High. Fa Strategic is entity of United States. It is traded as Fund on NMFQS exchange. More
Fa Strategic 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 Fa Strategic'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 Fa Strategic Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.178 | |||
| Information Ratio | (0.52) | |||
| Maximum Drawdown | 0.6833 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.2729 |
Fa Strategic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fa Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fa Strategic's standard deviation. In reality, there are many statistical measures that can use Fa Strategic historical prices to predict the future Fa Strategic's volatility.| Risk Adjusted Performance | 0.0834 | |||
| Jensen Alpha | 0.0124 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.46) | |||
| Treynor Ratio | 0.375 |
Fa Strategic Income Backtested Returns
At this stage we consider FICKX Mutual Fund to be very steady. Fa Strategic Income retains Efficiency (Sharpe Ratio) of 0.11, which denotes the fund had a 0.11 % return per unit of price deviation over the last 3 months. We have found twenty-six technical indicators for Fa Strategic, which you can use to evaluate the volatility of the entity. Please confirm Fa Strategic's Coefficient Of Variation of 593.5, variance of 0.0255, and Market Risk Adjusted Performance of 0.385 to check if the risk estimate we provide is consistent with the expected return of 0.0179%. The fund owns a Beta (Systematic Risk) of 0.0451, which means not very significant fluctuations relative to the market. As returns on the market increase, Fa Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fa Strategic is expected to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
Fa Strategic Income has average predictability. Overlapping area represents the amount of predictability between Fa Strategic time series from 21st of January 2025 to 20th of July 2025 and 20th of July 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fa Strategic Income price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Fa Strategic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Fa Strategic Income lagged returns against current returns
Autocorrelation, which is Fa Strategic 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 Fa Strategic's mutual fund expected returns. We can calculate the autocorrelation of Fa Strategic returns to help us make a trade decision. For example, suppose you find that Fa Strategic 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 |
Fa Strategic 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 Fa Strategic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fa Strategic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fa Strategic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fa Strategic Lagged Returns
When evaluating Fa Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fa Strategic mutual fund have on its future price. Fa Strategic 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, Fa Strategic autocorrelation shows the relationship between Fa Strategic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fa Strategic Income.
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 FICKX Mutual Fund
Fa Strategic financial ratios help investors to determine whether FICKX 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 FICKX with respect to the benefits of owning Fa Strategic security.
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