Im Dolan Mceniry Fund Market Value
| IDMIX Fund | USD 9.92 0.02 0.20% |
| Symbol | IDMIX |
Im Dolan '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 Im Dolan'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 Im Dolan.
| 04/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Im Dolan on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding Im Dolan Mceniry or generate 0.0% return on investment in Im Dolan over 240 days. Im Dolan is related to or competes with Dreyfus/standish, Gmo High, Blrc Sgy, Federated Pennsylvania, Versatile Bond, and Artisan High. Under normal market conditions, the fund will invest at least 80 percent of its net assets in corporate bonds More
Im Dolan 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 Im Dolan'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 Im Dolan Mceniry upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2058 | |||
| Information Ratio | (0.72) | |||
| Maximum Drawdown | 0.8074 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.3033 |
Im Dolan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Im Dolan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Im Dolan's standard deviation. In reality, there are many statistical measures that can use Im Dolan historical prices to predict the future Im Dolan's volatility.| Risk Adjusted Performance | 8.0E-4 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.63) | |||
| Treynor Ratio | (0.32) |
Im Dolan Mceniry Backtested Returns
At this stage we consider IDMIX Mutual Fund to be very steady. Im Dolan Mceniry retains Efficiency (Sharpe Ratio) of 0.027, which attests that the entity had a 0.027% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Im Dolan, which you can use to evaluate the volatility of the entity. Please check out Im Dolan's Market Risk Adjusted Performance of (0.31), standard deviation of 0.181, and Semi Deviation of 0.1344 to validate if the risk estimate we provide is consistent with the expected return of 0.0049%. The fund owns a Beta (Systematic Risk) of 0.0068, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Im Dolan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Im Dolan is expected to be smaller as well.
Auto-correlation | 0.04 |
Virtually no predictability
Im Dolan Mceniry has virtually no predictability. Overlapping area represents the amount of predictability between Im Dolan time series from 6th of April 2024 to 4th of August 2024 and 4th of August 2024 to 2nd of December 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 Im Dolan Mceniry price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Im Dolan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Im Dolan Mceniry lagged returns against current returns
Autocorrelation, which is Im Dolan 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 Im Dolan's mutual fund expected returns. We can calculate the autocorrelation of Im Dolan returns to help us make a trade decision. For example, suppose you find that Im Dolan 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 |
Im Dolan 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 Im Dolan mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Im Dolan mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Im Dolan mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Im Dolan Lagged Returns
When evaluating Im Dolan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Im Dolan mutual fund have on its future price. Im Dolan 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, Im Dolan autocorrelation shows the relationship between Im Dolan mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Im Dolan Mceniry.
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 IDMIX Mutual Fund
Im Dolan financial ratios help investors to determine whether IDMIX 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 IDMIX with respect to the benefits of owning Im Dolan security.
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