Ing Evergreen Omega Fund Market Value
| IEOPX Fund | USD 14.02 0.12 0.86% |
| Symbol | Ing |
Ing Evergreen '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 Ing Evergreen'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 Ing Evergreen.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Ing Evergreen on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Ing Evergreen Omega or generate 0.0% return on investment in Ing Evergreen over 30 days. Ing Evergreen is related to or competes with Mutual Of, Boston Partners, Vanguard Small-cap, Heartland Value, Ultramid-cap Profund, Mid-cap Value, and Amg River. The Portfolio invests at least 80 percent of its net assets in common stocks of large-capitalization companies More
Ing Evergreen 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 Ing Evergreen'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 Ing Evergreen Omega upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.0124 | |||
| Maximum Drawdown | 4.88 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 1.9 |
Ing Evergreen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ing Evergreen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ing Evergreen's standard deviation. In reality, there are many statistical measures that can use Ing Evergreen historical prices to predict the future Ing Evergreen's volatility.| Risk Adjusted Performance | 0.1051 | |||
| Jensen Alpha | 0.0283 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0095 | |||
| Treynor Ratio | 0.1527 |
Ing Evergreen Omega Backtested Returns
At this stage we consider Ing Mutual Fund to be very steady. Ing Evergreen Omega holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ing Evergreen Omega, which you can use to evaluate the volatility of the entity. Please check out Ing Evergreen's Downside Deviation of 1.4, risk adjusted performance of 0.1051, and Market Risk Adjusted Performance of 0.1627 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. The fund retains a Market Volatility (i.e., Beta) of 0.88, which attests to possible diversification benefits within a given portfolio. Ing Evergreen returns are very sensitive to returns on the market. As the market goes up or down, Ing Evergreen is expected to follow.
Auto-correlation | 0.57 |
Modest predictability
Ing Evergreen Omega has modest predictability. Overlapping area represents the amount of predictability between Ing Evergreen time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Ing Evergreen Omega price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Ing Evergreen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Ing Evergreen Omega lagged returns against current returns
Autocorrelation, which is Ing Evergreen 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 Ing Evergreen's mutual fund expected returns. We can calculate the autocorrelation of Ing Evergreen returns to help us make a trade decision. For example, suppose you find that Ing Evergreen 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 |
Ing Evergreen 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 Ing Evergreen mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ing Evergreen mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ing Evergreen mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ing Evergreen Lagged Returns
When evaluating Ing Evergreen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ing Evergreen mutual fund have on its future price. Ing Evergreen 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, Ing Evergreen autocorrelation shows the relationship between Ing Evergreen mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ing Evergreen Omega.
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 Ing Mutual Fund
Ing Evergreen financial ratios help investors to determine whether Ing 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 Ing with respect to the benefits of owning Ing Evergreen security.
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