Forum Real Estate Fund Market Value
| FORFX Fund | 9.73 0.01 0.10% |
| Symbol | Forum |
Please note, there is a significant difference between Forum Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forum Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forum Real'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.
Forum Real '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 Forum Real'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 Forum Real.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Forum Real on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Forum Real Estate or generate 0.0% return on investment in Forum Real over 300 days. Forum Real is related to or competes with Small Pany, Praxis Growth, Victory Rs, Growth Fund, Chase Growth, Qs Moderate, and Champlain Mid. Forum Real is entity of United States. It is traded as Fund on NMFQS exchange. More
Forum Real 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 Forum Real'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 Forum Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.36) | |||
| Maximum Drawdown | 0.2123 | |||
| Potential Upside | 0.1058 |
Forum Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forum Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Forum Real's standard deviation. In reality, there are many statistical measures that can use Forum Real historical prices to predict the future Forum Real's volatility.| Risk Adjusted Performance | 0.5194 | |||
| Jensen Alpha | 0.0384 | |||
| Total Risk Alpha | 0.03 | |||
| Treynor Ratio | 6.98 |
Forum Real Estate Backtested Returns
At this stage we consider Forum Mutual Fund to be very steady. Forum Real Estate secures Sharpe Ratio (or Efficiency) of 0.84, which denotes the fund had a 0.84% return per unit of risk over the last 3 months. We have found twenty technical indicators for Forum Real Estate, which you can use to evaluate the volatility of the entity. Please confirm Forum Real's Variance of 0.0034, mean deviation of 0.055, and Standard Deviation of 0.0586 to check if the risk estimate we provide is consistent with the expected return of 0.0464%. The fund shows a Beta (market volatility) of 0.0056, which means not very significant fluctuations relative to the market. As returns on the market increase, Forum Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Forum Real is expected to be smaller as well.
Auto-correlation | 0.99 |
Perfect predictability
Forum Real Estate has perfect predictability. Overlapping area represents the amount of predictability between Forum Real time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Forum Real Estate price movement. The serial correlation of 0.99 indicates that 99.0% of current Forum Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.99 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Forum Real Estate lagged returns against current returns
Autocorrelation, which is Forum Real 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 Forum Real's mutual fund expected returns. We can calculate the autocorrelation of Forum Real returns to help us make a trade decision. For example, suppose you find that Forum Real 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 |
Forum Real 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 Forum Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Forum Real mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Forum Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Forum Real Lagged Returns
When evaluating Forum Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Forum Real mutual fund have on its future price. Forum Real 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, Forum Real autocorrelation shows the relationship between Forum Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Forum Real Estate.
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 Forum Mutual Fund
Forum Real financial ratios help investors to determine whether Forum 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 Forum with respect to the benefits of owning Forum Real security.
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