Fuhkbx Fund Market Value
| FUHKBX Fund | 9.90 0.09 0.90% |
| Symbol | Fuhkbx |
Fuhkbx '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 Fuhkbx's 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 Fuhkbx.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in Fuhkbx on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Fuhkbx or generate 0.0% return on investment in Fuhkbx over 30 days.
Fuhkbx 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 Fuhkbx's 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 Fuhkbx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6772 | |||
| Information Ratio | 0.032 | |||
| Maximum Drawdown | 2.32 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.11 |
Fuhkbx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fuhkbx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fuhkbx's standard deviation. In reality, there are many statistical measures that can use Fuhkbx historical prices to predict the future Fuhkbx's volatility.| Risk Adjusted Performance | 0.1227 | |||
| Jensen Alpha | 0.077 | |||
| Total Risk Alpha | 0.0352 | |||
| Sortino Ratio | 0.0317 | |||
| Treynor Ratio | 0.4693 |
Fuhkbx Backtested Returns
At this stage we consider Fuhkbx Fund to be very steady. Fuhkbx secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the fund had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fuhkbx, which you can use to evaluate the volatility of the entity. Please confirm Fuhkbx's Downside Deviation of 0.6772, coefficient of variation of 670.26, and Mean Deviation of 0.5549 to check if the risk estimate we provide is consistent with the expected return of 0.0962%. The fund shows a Beta (market volatility) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, Fuhkbx's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fuhkbx is expected to be smaller as well.
Auto-correlation | -0.55 |
Good reverse predictability
Fuhkbx has good reverse predictability. Overlapping area represents the amount of predictability between Fuhkbx time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fuhkbx price movement. The serial correlation of -0.55 indicates that about 55.0% of current Fuhkbx price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fuhkbx lagged returns against current returns
Autocorrelation, which is Fuhkbx 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 Fuhkbx's fund expected returns. We can calculate the autocorrelation of Fuhkbx returns to help us make a trade decision. For example, suppose you find that Fuhkbx has exhibited high autocorrelation historically, and you observe that the 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 |
Fuhkbx 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 Fuhkbx fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fuhkbx fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fuhkbx fund over time.
Current vs Lagged Prices |
| Timeline |
Fuhkbx Lagged Returns
When evaluating Fuhkbx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fuhkbx fund have on its future price. Fuhkbx 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, Fuhkbx autocorrelation shows the relationship between Fuhkbx fund current value and its past values and can show if there is a momentum factor associated with investing in Fuhkbx.
Regressed Prices |
| Timeline |
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