Ivy International E Fund Market Value
| IINCX Fund | USD 21.26 0.19 0.90% |
| Symbol | Ivy |
Ivy 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 Ivy 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 Ivy International.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ivy International on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Ivy International E or generate 0.0% return on investment in Ivy International over 30 days. Ivy International is related to or competes with Baillie Gifford, Health Biotchnology, Eventide Healthcare, Fidelity Advisor, Hartford Healthcare, Allianzgi Health, and Baron Health. The fund seeks to achieve its objective by investing, under normal circumstances, at least 80 percent of its net assets ... More
Ivy 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 Ivy 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 Ivy International E upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 4.42 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.1 |
Ivy International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ivy International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ivy International's standard deviation. In reality, there are many statistical measures that can use Ivy International historical prices to predict the future Ivy International's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.10) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ivy International'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.
Ivy International Backtested Returns
Ivy International holds Efficiency (Sharpe) Ratio of -0.0619, which attests that the entity had a -0.0619% return per unit of risk over the last 3 months. Ivy International exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ivy International's Standard Deviation of 0.8698, market risk adjusted performance of (0.09), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Ivy International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ivy International is expected to be smaller as well.
Auto-correlation | 0.48 |
Average predictability
Ivy International E has average predictability. Overlapping area represents the amount of predictability between Ivy International time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 International price movement. The serial correlation of 0.48 indicates that about 48.0% of current Ivy International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Ivy International lagged returns against current returns
Autocorrelation, which is Ivy 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 Ivy International's mutual fund expected returns. We can calculate the autocorrelation of Ivy International returns to help us make a trade decision. For example, suppose you find that Ivy 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 |
Ivy 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 Ivy International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ivy 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 Ivy International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ivy International Lagged Returns
When evaluating Ivy International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ivy International mutual fund have on its future price. Ivy 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, Ivy International autocorrelation shows the relationship between Ivy International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ivy International E.
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 International 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 International security.
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