Materials Portfolio Materials Fund Market Value
| FSDPX Fund | USD 93.28 1.48 1.61% |
| Symbol | Materials |
Materials Portfolio '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 Materials Portfolio'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 Materials Portfolio.
| 07/11/2024 |
| 01/02/2026 |
If you would invest 0.00 in Materials Portfolio on July 11, 2024 and sell it all today you would earn a total of 0.00 from holding Materials Portfolio Materials or generate 0.0% return on investment in Materials Portfolio over 540 days. Materials Portfolio is related to or competes with Construction, Pace International, Pace International, One Choice, Blackrock Commodity, Strategic Allocation, and Strategic Allocation. The fund invests primarily in common stocks More
Materials Portfolio 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 Materials Portfolio'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 Materials Portfolio Materials upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 1.73 |
Materials Portfolio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Materials Portfolio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Materials Portfolio's standard deviation. In reality, there are many statistical measures that can use Materials Portfolio historical prices to predict the future Materials Portfolio's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.03) |
Materials Portfolio Backtested Returns
Materials Portfolio has Sharpe Ratio of close to zero, which conveys that the entity had a close to zero % return per unit of risk over the last 3 months. Materials Portfolio exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Materials Portfolio's Standard Deviation of 1.04, mean deviation of 0.8299, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 1.08, which conveys a somewhat significant risk relative to the market. Materials Portfolio returns are very sensitive to returns on the market. As the market goes up or down, Materials Portfolio is expected to follow.
Auto-correlation | 0.10 |
Insignificant predictability
Materials Portfolio Materials has insignificant predictability. Overlapping area represents the amount of predictability between Materials Portfolio time series from 11th of July 2024 to 7th of April 2025 and 7th of April 2025 to 2nd 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 Materials Portfolio price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Materials Portfolio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 13.82 |
Materials Portfolio lagged returns against current returns
Autocorrelation, which is Materials Portfolio 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 Materials Portfolio's mutual fund expected returns. We can calculate the autocorrelation of Materials Portfolio returns to help us make a trade decision. For example, suppose you find that Materials Portfolio 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 |
Materials Portfolio 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 Materials Portfolio mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Materials Portfolio mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Materials Portfolio mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Materials Portfolio Lagged Returns
When evaluating Materials Portfolio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Materials Portfolio mutual fund have on its future price. Materials Portfolio 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, Materials Portfolio autocorrelation shows the relationship between Materials Portfolio mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Materials Portfolio Materials.
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.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Other Information on Investing in Materials Mutual Fund
Materials Portfolio financial ratios help investors to determine whether Materials 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 Materials with respect to the benefits of owning Materials Portfolio security.
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