Evolutionary Tree Innovators Fund Market Value
| INVNX Fund | USD 22.26 0.05 0.23% |
| Symbol | Evolutionary |
Evolutionary Tree '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 Evolutionary Tree'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 Evolutionary Tree.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Evolutionary Tree on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Evolutionary Tree Innovators or generate 0.0% return on investment in Evolutionary Tree over 30 days. Evolutionary Tree is related to or competes with Ultimus Managers, Frontier Mfg, Fidelity Advisor, Neuberger Berman, Pimco Income, American High-income, and Brookfield Real. The fund seeks to achieve its investment objective by investing principally in 25-35 growth-oriented equity securities, ... More
Evolutionary Tree 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 Evolutionary Tree'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 Evolutionary Tree Innovators upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.1053 | |||
| Maximum Drawdown | 4.6 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 1.7 |
Evolutionary Tree Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolutionary Tree's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evolutionary Tree's standard deviation. In reality, there are many statistical measures that can use Evolutionary Tree historical prices to predict the future Evolutionary Tree's volatility.| Risk Adjusted Performance | 0.18 | |||
| Jensen Alpha | 0.1111 | |||
| Total Risk Alpha | 0.0604 | |||
| Sortino Ratio | 0.0944 | |||
| Treynor Ratio | 0.2355 |
Evolutionary Tree Backtested Returns
Evolutionary Tree appears to be very steady, given 3 months investment horizon. Evolutionary Tree secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the fund had a 0.26% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Evolutionary Tree Innovators, which you can use to evaluate the volatility of the entity. Please utilize Evolutionary Tree's Downside Deviation of 1.22, coefficient of variation of 431.97, and Mean Deviation of 0.8308 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.03, which means a somewhat significant risk relative to the market. Evolutionary Tree returns are very sensitive to returns on the market. As the market goes up or down, Evolutionary Tree is expected to follow.
Auto-correlation | 0.97 |
Excellent predictability
Evolutionary Tree Innovators has excellent predictability. Overlapping area represents the amount of predictability between Evolutionary Tree time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Evolutionary Tree price movement. The serial correlation of 0.97 indicates that 97.0% of current Evolutionary Tree price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.97 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Evolutionary Tree lagged returns against current returns
Autocorrelation, which is Evolutionary Tree 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 Evolutionary Tree's mutual fund expected returns. We can calculate the autocorrelation of Evolutionary Tree returns to help us make a trade decision. For example, suppose you find that Evolutionary Tree 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 |
Evolutionary Tree 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 Evolutionary Tree mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evolutionary Tree mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Evolutionary Tree mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Evolutionary Tree Lagged Returns
When evaluating Evolutionary Tree's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evolutionary Tree mutual fund have on its future price. Evolutionary Tree 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, Evolutionary Tree autocorrelation shows the relationship between Evolutionary Tree mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Evolutionary Tree Innovators.
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 Evolutionary Mutual Fund
Evolutionary Tree financial ratios help investors to determine whether Evolutionary 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 Evolutionary with respect to the benefits of owning Evolutionary Tree security.
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