Frontier Mfg Global Fund Market Value
| FMSRX Fund | USD 15.57 0.08 0.52% |
| Symbol | Frontier |
Frontier Mfg '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 Frontier Mfg'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 Frontier Mfg.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Frontier Mfg on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Frontier Mfg Global or generate 0.0% return on investment in Frontier Mfg over 180 days. Frontier Mfg is related to or competes with Jhancock Diversified, Pgim Jennison, Principal Lifetime, Adams Diversified, Small Cap, and Sentinel Small. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of issuers l... More
Frontier Mfg 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 Frontier Mfg'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 Frontier Mfg Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5747 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.47 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 0.8615 |
Frontier Mfg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Frontier Mfg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Frontier Mfg's standard deviation. In reality, there are many statistical measures that can use Frontier Mfg historical prices to predict the future Frontier Mfg's volatility.| Risk Adjusted Performance | 0.0436 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.0648 |
Frontier Mfg Global Backtested Returns
At this stage we consider Frontier Mutual Fund to be very steady. Frontier Mfg Global secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Frontier Mfg Global, which you can use to evaluate the volatility of the entity. Please confirm Frontier Mfg's Coefficient Of Variation of 1614.67, downside deviation of 0.5747, and Mean Deviation of 0.435 to check if the risk estimate we provide is consistent with the expected return of 0.0546%. The fund shows a Beta (market volatility) of 0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, Frontier Mfg's returns are expected to increase less than the market. However, during the bear market, the loss of holding Frontier Mfg is expected to be smaller as well.
Auto-correlation | 0.17 |
Very weak predictability
Frontier Mfg Global has very weak predictability. Overlapping area represents the amount of predictability between Frontier Mfg time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th 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 Frontier Mfg Global price movement. The serial correlation of 0.17 indicates that over 17.0% of current Frontier Mfg price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Frontier Mfg Global lagged returns against current returns
Autocorrelation, which is Frontier Mfg 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 Frontier Mfg's mutual fund expected returns. We can calculate the autocorrelation of Frontier Mfg returns to help us make a trade decision. For example, suppose you find that Frontier Mfg 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 |
Frontier Mfg 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 Frontier Mfg mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Frontier Mfg mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Frontier Mfg mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Frontier Mfg Lagged Returns
When evaluating Frontier Mfg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Frontier Mfg mutual fund have on its future price. Frontier Mfg 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, Frontier Mfg autocorrelation shows the relationship between Frontier Mfg mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Frontier Mfg Global.
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 Frontier Mutual Fund
Frontier Mfg financial ratios help investors to determine whether Frontier 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 Frontier with respect to the benefits of owning Frontier Mfg security.
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