Flexible Bond Portfolio Fund Market Value
| JAFLX Fund | USD 10.17 0.04 0.39% |
| Symbol | Flexible |
Flexible Bond '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 Flexible Bond'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 Flexible Bond.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Flexible Bond on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Flexible Bond Portfolio or generate 0.0% return on investment in Flexible Bond over 30 days. Flexible Bond is related to or competes with Janus Research, Janus Research, Janus Research, Janus Research, Janus Henderson, Janus Research, and Enterprise Portfolio. The Portfolio pursues its investment objective by primarily investing, under normal circumstances, at least 80 percent o... More
Flexible Bond 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 Flexible Bond'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 Flexible Bond Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 1.3 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.3996 |
Flexible Bond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flexible Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flexible Bond's standard deviation. In reality, there are many statistical measures that can use Flexible Bond historical prices to predict the future Flexible Bond's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.3143 |
Flexible Bond Portfolio Backtested Returns
Flexible Bond Portfolio secures Sharpe Ratio (or Efficiency) of -0.0279, which denotes the fund had a -0.0279% return per unit of risk over the last 3 months. Flexible Bond Portfolio exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Flexible Bond's Variance of 0.099, standard deviation of 0.3146, and Mean Deviation of 0.2374 to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0539, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Flexible Bond are expected to decrease at a much lower rate. During the bear market, Flexible Bond is likely to outperform the market.
Auto-correlation | -0.08 |
Very weak reverse predictability
Flexible Bond Portfolio has very weak reverse predictability. Overlapping area represents the amount of predictability between Flexible Bond time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Flexible Bond Portfolio price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Flexible Bond price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Flexible Bond Portfolio lagged returns against current returns
Autocorrelation, which is Flexible Bond 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 Flexible Bond's mutual fund expected returns. We can calculate the autocorrelation of Flexible Bond returns to help us make a trade decision. For example, suppose you find that Flexible Bond 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 |
Flexible Bond 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 Flexible Bond mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flexible Bond mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flexible Bond mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Flexible Bond Lagged Returns
When evaluating Flexible Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flexible Bond mutual fund have on its future price. Flexible Bond 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, Flexible Bond autocorrelation shows the relationship between Flexible Bond mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Flexible Bond Portfolio.
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 Flexible Mutual Fund
Flexible Bond financial ratios help investors to determine whether Flexible 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 Flexible with respect to the benefits of owning Flexible Bond security.
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