Dynamic International Opportunity Fund Market Value
| ICCIX Fund | USD 12.77 0.09 0.71% |
| Symbol | Dynamic |
Dynamic International '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 Dynamic International'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 Dynamic International.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Dynamic International on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Dynamic International Opportunity or generate 0.0% return on investment in Dynamic International over 30 days. Dynamic International is related to or competes with Dynamic Opportunity, Acclivity Small, Catalystmillburn, Dynamic International, and Lsv Small. The fund invests primarily in ETFs that offer exposure to companies domiciled in developed, emerging, and frontier inter... More
Dynamic International 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 Dynamic International'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 Dynamic International Opportunity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 3.6 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.06 |
Dynamic International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynamic International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynamic International's standard deviation. In reality, there are many statistical measures that can use Dynamic International historical prices to predict the future Dynamic International's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.1) |
Dynamic International Backtested Returns
Dynamic International secures Sharpe Ratio (or Efficiency) of -0.016, which denotes the fund had a -0.016% return per unit of risk over the last 3 months. Dynamic International Opportunity exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dynamic International's Variance of 0.5825, standard deviation of 0.7632, and Mean Deviation of 0.5836 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.4, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dynamic International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dynamic International is expected to be smaller as well.
Auto-correlation | -0.64 |
Very good reverse predictability
Dynamic International Opportunity has very good reverse predictability. Overlapping area represents the amount of predictability between Dynamic International time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Dynamic International price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Dynamic International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dynamic International lagged returns against current returns
Autocorrelation, which is Dynamic International 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 Dynamic International's mutual fund expected returns. We can calculate the autocorrelation of Dynamic International returns to help us make a trade decision. For example, suppose you find that Dynamic International 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 |
Dynamic International 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 Dynamic International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynamic International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dynamic International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dynamic International Lagged Returns
When evaluating Dynamic International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dynamic International mutual fund have on its future price. Dynamic International 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, Dynamic International autocorrelation shows the relationship between Dynamic International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dynamic International Opportunity.
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 Dynamic Mutual Fund
Dynamic International financial ratios help investors to determine whether Dynamic 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 Dynamic with respect to the benefits of owning Dynamic International security.
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