Iman Fund Class Fund Market Value
| IMANX Fund | USD 16.00 0.21 1.33% |
| Symbol | Iman |
Iman Fund '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 Iman Fund'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 Iman Fund.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Iman Fund on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Iman Fund Class or generate 0.0% return on investment in Iman Fund over 30 days. Iman Fund is related to or competes with Azzad Ethical, Amana Income, Amana Growth, Amana Developing, and Azzad Wise. The fund invests in common stocks and equity-related securities of domestic and foreign issuers that meet Islamic princi... More
Iman Fund 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 Iman Fund'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 Iman Fund Class upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.47 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.15 |
Iman Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iman Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Iman Fund's standard deviation. In reality, there are many statistical measures that can use Iman Fund historical prices to predict the future Iman Fund's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.09) |
Iman Fund Class Backtested Returns
Iman Fund Class holds Efficiency (Sharpe) Ratio of -0.0694, which attests that the entity had a -0.0694 % return per unit of risk over the last 3 months. Iman Fund Class exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Iman Fund's Market Risk Adjusted Performance of (0.08), standard deviation of 0.9648, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.84, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Iman Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Iman Fund is expected to be smaller as well.
Auto-correlation | -0.43 |
Modest reverse predictability
Iman Fund Class has modest reverse predictability. Overlapping area represents the amount of predictability between Iman Fund time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Iman Fund Class price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Iman Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Iman Fund Class lagged returns against current returns
Autocorrelation, which is Iman Fund 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 Iman Fund's mutual fund expected returns. We can calculate the autocorrelation of Iman Fund returns to help us make a trade decision. For example, suppose you find that Iman Fund 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 |
Iman Fund 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 Iman Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Iman Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Iman Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Iman Fund Lagged Returns
When evaluating Iman Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Iman Fund mutual fund have on its future price. Iman Fund 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, Iman Fund autocorrelation shows the relationship between Iman Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Iman Fund Class.
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 Iman Mutual Fund
Iman Fund financial ratios help investors to determine whether Iman 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 Iman with respect to the benefits of owning Iman Fund security.
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