Ivy Apollo Multi Asset Fund Market Value

IMAYX Fund  USD 9.49  0.08  0.84%   
Ivy Apollo's market value is the price at which a share of Ivy Apollo trades on a public exchange. It measures the collective expectations of Ivy Apollo Multi Asset investors about its performance. Ivy Apollo is trading at 9.49 as of the 28th of February 2025; that is 0.84% down since the beginning of the trading day. The fund's open price was 9.57.
With this module, you can estimate the performance of a buy and hold strategy of Ivy Apollo Multi Asset and determine expected loss or profit from investing in Ivy Apollo over a given investment horizon. Check out Ivy Apollo Correlation, Ivy Apollo Volatility and Ivy Apollo Alpha and Beta module to complement your research on Ivy Apollo.
Symbol

Please note, there is a significant difference between Ivy Apollo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ivy Apollo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ivy Apollo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ivy Apollo '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 Apollo'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 Apollo.
0.00
01/29/2025
No Change 0.00  0.0 
In 30 days
02/28/2025
0.00
If you would invest  0.00  in Ivy Apollo on January 29, 2025 and sell it all today you would earn a total of 0.00 from holding Ivy Apollo Multi Asset or generate 0.0% return on investment in Ivy Apollo over 30 days. Ivy Apollo is related to or competes with Balanced Allocation, Knights Of, Enhanced, Tax-managed, T Rowe, and Transamerica Asset. The fund seeks to achieve its objective by primarily investing its assets among a diversified portfolio of global equity... More

Ivy Apollo 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 Apollo'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 Apollo Multi Asset upside and downside potential and time the market with a certain degree of confidence.

Ivy Apollo Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ivy Apollo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ivy Apollo's standard deviation. In reality, there are many statistical measures that can use Ivy Apollo historical prices to predict the future Ivy Apollo's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ivy Apollo'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.
Hype
Prediction
LowEstimatedHigh
9.019.499.97
Details
Intrinsic
Valuation
LowRealHigh
9.009.489.96
Details
Naive
Forecast
LowNextHigh
9.119.5910.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.419.509.59
Details

Ivy Apollo Multi Backtested Returns

Ivy Apollo Multi holds Efficiency (Sharpe) Ratio of -0.0665, which attests that the entity had a -0.0665 % return per unit of risk over the last 3 months. Ivy Apollo Multi exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ivy Apollo's Standard Deviation of 0.4795, market risk adjusted performance of (0.04), and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Ivy Apollo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ivy Apollo is expected to be smaller as well.

Auto-correlation

    
  -0.23  

Weak reverse predictability

Ivy Apollo Multi Asset has weak reverse predictability. Overlapping area represents the amount of predictability between Ivy Apollo time series from 29th of January 2025 to 13th of February 2025 and 13th of February 2025 to 28th of February 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 Ivy Apollo Multi price movement. The serial correlation of -0.23 indicates that over 23.0% of current Ivy Apollo price fluctuation can be explain by its past prices.
Correlation Coefficient-0.23
Spearman Rank Test-0.64
Residual Average0.0
Price Variance0.0
Ivy ReturnsIvy Lagged ReturnsDiversified AwayIvy ReturnsIvy Lagged ReturnsDiversified Away100%

Ivy Apollo Multi lagged returns against current returns

Autocorrelation, which is Ivy Apollo 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 Apollo's mutual fund expected returns. We can calculate the autocorrelation of Ivy Apollo returns to help us make a trade decision. For example, suppose you find that Ivy Apollo 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   
JavaScript chart by amCharts 3.21.15Feb 13Feb 15Feb 17Feb 19Feb 21Feb 23Feb 25Feb 27-0.6%-0.4%-0.2%0%0.2%0.4%0.6%0.8% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Ivy Apollo 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 Apollo mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ivy Apollo 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 Apollo mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 13Feb 15Feb 17Feb 19Feb 21Feb 23Feb 25Feb 279.469.479.489.499.509.519.529.539.549.55
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Ivy Apollo Lagged Returns

When evaluating Ivy Apollo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ivy Apollo mutual fund have on its future price. Ivy Apollo 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 Apollo autocorrelation shows the relationship between Ivy Apollo mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ivy Apollo Multi Asset.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 29FebFeb 06Feb 10Feb 14Feb 18Feb 22Feb 269.429.449.469.489.509.529.549.56
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       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 Apollo 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 Apollo security.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk