Lifestyle Ii Growth Fund Market Value
| JLGSX Fund | USD 13.19 0.07 0.53% |
| Symbol | Lifestyle |
Lifestyle '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 Lifestyle'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 Lifestyle.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Lifestyle on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Lifestyle Ii Growth or generate 0.0% return on investment in Lifestyle over 180 days. Lifestyle is related to or competes with ABIVAX Socit, SCOR PK, HUMANA, Small Cap, Morningstar Unconstrained, Thrivent High, and High-yield Municipal. The fund operates as a fund of funds and normally invests approximately 20 percent of its assets in underlying funds tha... More
Lifestyle 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 Lifestyle'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 Lifestyle Ii Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6377 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 2.57 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 1.08 |
Lifestyle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lifestyle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lifestyle's standard deviation. In reality, there are many statistical measures that can use Lifestyle historical prices to predict the future Lifestyle's volatility.| Risk Adjusted Performance | 0.0553 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0573 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lifestyle'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.
Lifestyle Ii Growth Backtested Returns
At this stage we consider Lifestyle Mutual Fund to be very steady. Lifestyle Ii Growth has Sharpe Ratio of 0.0685, which conveys that the entity had a 0.0685% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lifestyle, which you can use to evaluate the volatility of the fund. Please verify Lifestyle's Risk Adjusted Performance of 0.0553, downside deviation of 0.6377, and Mean Deviation of 0.4494 to check out if the risk estimate we provide is consistent with the expected return of 0.0394%. The fund secures a Beta (Market Risk) of 0.61, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lifestyle's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lifestyle is expected to be smaller as well.
Auto-correlation | 0.59 |
Modest predictability
Lifestyle Ii Growth has modest predictability. Overlapping area represents the amount of predictability between Lifestyle time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Lifestyle Ii Growth price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Lifestyle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Lifestyle Ii Growth lagged returns against current returns
Autocorrelation, which is Lifestyle 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 Lifestyle's mutual fund expected returns. We can calculate the autocorrelation of Lifestyle returns to help us make a trade decision. For example, suppose you find that Lifestyle 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 |
Lifestyle 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 Lifestyle mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lifestyle mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lifestyle mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Lifestyle Lagged Returns
When evaluating Lifestyle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lifestyle mutual fund have on its future price. Lifestyle 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, Lifestyle autocorrelation shows the relationship between Lifestyle mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Lifestyle Ii Growth.
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 Lifestyle Mutual Fund
Lifestyle financial ratios help investors to determine whether Lifestyle 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 Lifestyle with respect to the benefits of owning Lifestyle security.
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