Fa529 Tl Pt Fund Market Value
| FTBAX Fund | USD 12.66 0.01 0.08% |
| Symbol | Fa529 |
Please note, there is a significant difference between Fa529 Tl's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fa529 Tl is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fa529 Tl'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.
Fa529 Tl '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 Fa529 Tl'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 Fa529 Tl.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Fa529 Tl on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Fa529 Tl Pt or generate 0.0% return on investment in Fa529 Tl over 30 days. Fa529 Tl is related to or competes with Rational Special, Lord Abbett, Small Cap, Qs Growth, Vanguard Strategic, Ab Core, and Volumetric Fund. Fa529 Tl is entity of United States. It is traded as Fund on NMFQS exchange. More
Fa529 Tl 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 Fa529 Tl'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 Fa529 Tl Pt upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 1.27 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.4728 |
Fa529 Tl Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fa529 Tl's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fa529 Tl's standard deviation. In reality, there are many statistical measures that can use Fa529 Tl historical prices to predict the future Fa529 Tl's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.3082 |
Fa529 Tl Pt Backtested Returns
Fa529 Tl Pt retains Efficiency (Sharpe Ratio) of -0.0363, which denotes the fund had a -0.0363% return per unit of price deviation over the last 3 months. Fa529 Tl exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fa529 Tl's Information Ratio of (0.49), market risk adjusted performance of 0.3182, and Standard Deviation of 0.2889 to check the risk estimate we provide. The fund owns a Beta (Systematic Risk) of -0.0736, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fa529 Tl are expected to decrease at a much lower rate. During the bear market, Fa529 Tl is likely to outperform the market.
Auto-correlation | 0.30 |
Below average predictability
Fa529 Tl Pt has below average predictability. Overlapping area represents the amount of predictability between Fa529 Tl time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Fa529 Tl Pt price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Fa529 Tl price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fa529 Tl Pt lagged returns against current returns
Autocorrelation, which is Fa529 Tl 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 Fa529 Tl's mutual fund expected returns. We can calculate the autocorrelation of Fa529 Tl returns to help us make a trade decision. For example, suppose you find that Fa529 Tl 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 |
Fa529 Tl 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 Fa529 Tl mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fa529 Tl mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fa529 Tl mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fa529 Tl Lagged Returns
When evaluating Fa529 Tl's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fa529 Tl mutual fund have on its future price. Fa529 Tl 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, Fa529 Tl autocorrelation shows the relationship between Fa529 Tl mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fa529 Tl Pt.
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 Fa529 Mutual Fund
Fa529 Tl financial ratios help investors to determine whether Fa529 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 Fa529 with respect to the benefits of owning Fa529 Tl security.
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