Leader Short Term Bond Fund Market Value
| LCCIX Fund | USD 8.40 0.01 0.12% |
| Symbol | Leader |
Leader Short-term '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 Leader Short-term'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 Leader Short-term.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Leader Short-term on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Leader Short Term Bond or generate 0.0% return on investment in Leader Short-term over 720 days. Leader Short-term is related to or competes with Blackrock Conservative, Evaluator Conservative, Conservative Balanced, Pgim Conservative, Adams Diversified, and Calvert Conservative. The fund invests at least 80 percent of its net assets in non-investment grade bonds which the advisor defines as securi... More
Leader Short-term 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 Leader Short-term'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 Leader Short Term Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1527 | |||
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 1.11 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.2436 |
Leader Short-term Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leader Short-term's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leader Short-term's standard deviation. In reality, there are many statistical measures that can use Leader Short-term historical prices to predict the future Leader Short-term's volatility.| Risk Adjusted Performance | 0.216 | |||
| Jensen Alpha | 0.0558 | |||
| Total Risk Alpha | 0.0226 | |||
| Sortino Ratio | (0.43) | |||
| Treynor Ratio | (6.22) |
Leader Short Term Backtested Returns
At this stage we consider Leader Mutual Fund to be very steady. Leader Short Term has Sharpe Ratio of 0.31, which conveys that the entity had a 0.31% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Leader Short-term, which you can use to evaluate the volatility of the fund. Please verify Leader Short-term's Mean Deviation of 0.1176, risk adjusted performance of 0.216, and Coefficient Of Variation of 314.83 to check out if the risk estimate we provide is consistent with the expected return of 0.0638%. The fund secures a Beta (Market Risk) of -0.0088, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Leader Short-term are expected to decrease at a much lower rate. During the bear market, Leader Short-term is likely to outperform the market.
Auto-correlation | 0.65 |
Good predictability
Leader Short Term Bond has good predictability. Overlapping area represents the amount of predictability between Leader Short-term time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 Leader Short Term price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Leader Short-term price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Leader Short Term lagged returns against current returns
Autocorrelation, which is Leader Short-term 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 Leader Short-term's mutual fund expected returns. We can calculate the autocorrelation of Leader Short-term returns to help us make a trade decision. For example, suppose you find that Leader Short-term 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 |
Leader Short-term 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 Leader Short-term mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leader Short-term mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leader Short-term mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Leader Short-term Lagged Returns
When evaluating Leader Short-term's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leader Short-term mutual fund have on its future price. Leader Short-term 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, Leader Short-term autocorrelation shows the relationship between Leader Short-term mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Leader Short Term Bond.
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 Leader Mutual Fund
Leader Short-term financial ratios help investors to determine whether Leader 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 Leader with respect to the benefits of owning Leader Short-term security.
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