Integrity Dividend Harvest Fund Market Value

IDIVX Fund  USD 20.10  0.14  0.70%   
Integrity Dividend's market value is the price at which a share of Integrity Dividend trades on a public exchange. It measures the collective expectations of Integrity Dividend Harvest investors about its performance. Integrity Dividend is trading at 20.10 as of the 23rd of November 2024; that is 0.70% up since the beginning of the trading day. The fund's open price was 19.96.
With this module, you can estimate the performance of a buy and hold strategy of Integrity Dividend Harvest and determine expected loss or profit from investing in Integrity Dividend over a given investment horizon. Check out Integrity Dividend Correlation, Integrity Dividend Volatility and Integrity Dividend Alpha and Beta module to complement your research on Integrity Dividend.
Symbol

Please note, there is a significant difference between Integrity Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if Integrity Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Integrity Dividend'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.

Integrity Dividend '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 Integrity Dividend'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 Integrity Dividend.
0.00
09/24/2024
No Change 0.00  0.0 
In 2 months and 2 days
11/23/2024
0.00
If you would invest  0.00  in Integrity Dividend on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Integrity Dividend Harvest or generate 0.0% return on investment in Integrity Dividend over 60 days. Integrity Dividend is related to or competes with Integrity Dividend, Integrity Dividend, Nebraska Municipal, Nebraska Municipal, Williston Basin/mid-north, Williston Basin/mid-north, and Williston Basinmid. The fund normally invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purpos... More

Integrity Dividend 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 Integrity Dividend'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 Integrity Dividend Harvest upside and downside potential and time the market with a certain degree of confidence.

Integrity Dividend Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Integrity Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Integrity Dividend's standard deviation. In reality, there are many statistical measures that can use Integrity Dividend historical prices to predict the future Integrity Dividend's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Integrity Dividend'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.
Hype
Prediction
LowEstimatedHigh
19.5320.1020.67
Details
Intrinsic
Valuation
LowRealHigh
19.3919.9620.53
Details
Naive
Forecast
LowNextHigh
19.4620.0220.59
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.9220.0520.19
Details

Integrity Dividend Backtested Returns

At this stage we consider Integrity Mutual Fund to be very steady. Integrity Dividend holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Integrity Dividend, which you can use to evaluate the volatility of the entity. Please check out Integrity Dividend's Risk Adjusted Performance of 0.0961, downside deviation of 0.5617, and Market Risk Adjusted Performance of 0.1197 to validate if the risk estimate we provide is consistent with the expected return of 0.0593%. The fund retains a Market Volatility (i.e., Beta) of 0.59, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Integrity Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Integrity Dividend is expected to be smaller as well.

Auto-correlation

    
  -0.08  

Very weak reverse predictability

Integrity Dividend Harvest has very weak reverse predictability. Overlapping area represents the amount of predictability between Integrity Dividend time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 to 23rd 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 Integrity Dividend price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Integrity Dividend price fluctuation can be explain by its past prices.
Correlation Coefficient-0.08
Spearman Rank Test0.32
Residual Average0.0
Price Variance0.02

Integrity Dividend lagged returns against current returns

Autocorrelation, which is Integrity Dividend 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 Integrity Dividend's mutual fund expected returns. We can calculate the autocorrelation of Integrity Dividend returns to help us make a trade decision. For example, suppose you find that Integrity Dividend 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  

Integrity Dividend 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 Integrity Dividend mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Integrity Dividend mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Integrity Dividend mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Integrity Dividend Lagged Returns

When evaluating Integrity Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Integrity Dividend mutual fund have on its future price. Integrity Dividend 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, Integrity Dividend autocorrelation shows the relationship between Integrity Dividend mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Integrity Dividend Harvest.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Integrity Mutual Fund

Integrity Dividend financial ratios help investors to determine whether Integrity 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 Integrity with respect to the benefits of owning Integrity Dividend security.
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