Leuthold E Investment Fund Market Value
| LCORX Fund | USD 21.95 0.23 1.04% |
| Symbol | Leuthold |
Leuthold E '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 Leuthold E'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 Leuthold E.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Leuthold E on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Leuthold E Investment or generate 0.0% return on investment in Leuthold E over 390 days. Leuthold E is related to or competes with Hussman Strategic, Fpa Crescent, Merger Fund, Leuthold Select, and Arbitrage Fund. The fund is a flexible fund which allocates its investments among common stocks and other equity securities, bonds and o... More
Leuthold E 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 Leuthold E'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 Leuthold E Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 6.76 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.8355 |
Leuthold E Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leuthold E's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leuthold E's standard deviation. In reality, there are many statistical measures that can use Leuthold E historical prices to predict the future Leuthold E's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.07) |
Leuthold E Investment Backtested Returns
Leuthold E Investment has Sharpe Ratio of -0.0878, which conveys that the entity had a -0.0878% return per unit of risk over the last 3 months. Leuthold E exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leuthold E's Standard Deviation of 0.7809, risk adjusted performance of (0.04), and Mean Deviation of 0.4447 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.67, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Leuthold E's returns are expected to increase less than the market. However, during the bear market, the loss of holding Leuthold E is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Leuthold E Investment has good predictability. Overlapping area represents the amount of predictability between Leuthold E time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Leuthold E Investment price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Leuthold E price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Leuthold E Investment lagged returns against current returns
Autocorrelation, which is Leuthold E 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 Leuthold E's mutual fund expected returns. We can calculate the autocorrelation of Leuthold E returns to help us make a trade decision. For example, suppose you find that Leuthold E 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 |
Leuthold E 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 Leuthold E mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leuthold E mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leuthold E mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Leuthold E Lagged Returns
When evaluating Leuthold E's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leuthold E mutual fund have on its future price. Leuthold E 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, Leuthold E autocorrelation shows the relationship between Leuthold E mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Leuthold E Investment.
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 Leuthold Mutual Fund
Leuthold E financial ratios help investors to determine whether Leuthold 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 Leuthold with respect to the benefits of owning Leuthold E security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |