Us Government Plus Fund Market Value
| GVPSX Fund | USD 30.38 0.04 0.13% |
| Symbol | GVPSX |
Us Government '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 Us Government'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 Us Government.
| 05/28/2024 |
| 11/24/2024 |
If you would invest 0.00 in Us Government on May 28, 2024 and sell it all today you would earn a total of 0.00 from holding Us Government Plus or generate 0.0% return on investment in Us Government over 180 days. Us Government is related to or competes with Nuveen All-american, Nuveen Minnesota, Metropolitan West, Pace Municipal, Versatile Bond, Georgia Tax-free, and Artisan High. The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns ... More
Us Government 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 Us Government'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 Us Government Plus upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 5.17 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.61 |
Us Government Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Us Government's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Us Government's standard deviation. In reality, there are many statistical measures that can use Us Government historical prices to predict the future Us Government's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.4257 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Us Government's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Us Government Plus Backtested Returns
Us Government Plus retains Efficiency (Sharpe Ratio) of -0.15, which indicates the fund had a -0.15% return per unit of price deviation over the last 3 months. Us Government exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Us Government's Mean Deviation of 0.7558, standard deviation of 1.01, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Us Government are expected to decrease at a much lower rate. During the bear market, Us Government is likely to outperform the market.
Auto-correlation | -0.67 |
Very good reverse predictability
Us Government Plus has very good reverse predictability. Overlapping area represents the amount of predictability between Us Government time series from 28th of May 2024 to 26th of August 2024 and 26th of August 2024 to 24th 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 Us Government Plus price movement. The serial correlation of -0.67 indicates that around 67.0% of current Us Government price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 2.2 |
Us Government Plus lagged returns against current returns
Autocorrelation, which is Us Government 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 Us Government's mutual fund expected returns. We can calculate the autocorrelation of Us Government returns to help us make a trade decision. For example, suppose you find that Us Government 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 |
Us Government 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 Us Government mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Us Government mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Us Government mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Us Government Lagged Returns
When evaluating Us Government's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Us Government mutual fund have on its future price. Us Government 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, Us Government autocorrelation shows the relationship between Us Government mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Us Government Plus.
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 GVPSX Mutual Fund
Us Government financial ratios help investors to determine whether GVPSX 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 GVPSX with respect to the benefits of owning Us Government security.
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