Ivy High Income Fund Market Value
| IHIFX Fund | USD 6.13 0.02 0.33% |
| Symbol | Ivy |
Ivy High '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 Ivy High'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 Ivy High.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Ivy High on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Ivy High Income or generate 0.0% return on investment in Ivy High over 660 days. Ivy High is related to or competes with Artisan Small, Eip Growth, Ab Concentrated, Franklin Growth, Small Pany, and Qs Moderate. The fund invests primarily in a diversified portfolio of high-yield, high-risk, fixed-income securities, including secur... More
Ivy High 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 Ivy High'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 Ivy High Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2935 | |||
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 1.47 | |||
| Value At Risk | (0.33) | |||
| Potential Upside | 0.5 |
Ivy High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ivy High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ivy High's standard deviation. In reality, there are many statistical measures that can use Ivy High historical prices to predict the future Ivy High's volatility.| Risk Adjusted Performance | 0.0948 | |||
| Jensen Alpha | 0.0191 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.3243 |
Ivy High Income Backtested Returns
At this stage we consider Ivy Mutual Fund to be very steady. Ivy High Income 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-seven technical indicators for Ivy High Income, which you can use to evaluate the volatility of the entity. Please check out Ivy High's Market Risk Adjusted Performance of 0.3343, risk adjusted performance of 0.0948, and Coefficient Of Variation of 680.7 to validate if the risk estimate we provide is consistent with the expected return of 0.0417%. The fund retains a Market Volatility (i.e., Beta) of 0.0939, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ivy High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ivy High is expected to be smaller as well.
Auto-correlation | 0.70 |
Good predictability
Ivy High Income has good predictability. Overlapping area represents the amount of predictability between Ivy High time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Ivy High Income price movement. The serial correlation of 0.7 indicates that around 70.0% of current Ivy High price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Ivy High Income lagged returns against current returns
Autocorrelation, which is Ivy High 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 Ivy High's mutual fund expected returns. We can calculate the autocorrelation of Ivy High returns to help us make a trade decision. For example, suppose you find that Ivy High 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 |
Ivy High 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 Ivy High mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ivy High mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ivy High mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ivy High Lagged Returns
When evaluating Ivy High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ivy High mutual fund have on its future price. Ivy High 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, Ivy High autocorrelation shows the relationship between Ivy High mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ivy High Income.
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 Ivy Mutual Fund
Ivy High financial ratios help investors to determine whether Ivy 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 Ivy with respect to the benefits of owning Ivy High security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |