Lifex Income Fund Market Value
| LFAWX Fund | 17.65 0.00 0.00% |
| Symbol | Lifex |
Lifex Income '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 Lifex Income'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 Lifex Income.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Lifex Income on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Lifex Income or generate 0.0% return on investment in Lifex Income over 180 days. Lifex Income is related to or competes with Energy Basic, Ivy Energy, Jennison Natural, World Energy, Hennessy, and Firsthand Alternative. The fund advisor pursues the funds investment objective by investing in debt securities issued by the U.S More
Lifex Income 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 Lifex Income'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 Lifex Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2947 | |||
| Information Ratio | (0.54) | |||
| Maximum Drawdown | 1.33 | |||
| Value At Risk | (0.17) | |||
| Potential Upside | 0.4009 |
Lifex Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lifex Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lifex Income's standard deviation. In reality, there are many statistical measures that can use Lifex Income historical prices to predict the future Lifex Income's volatility.| Risk Adjusted Performance | 0.0704 | |||
| Jensen Alpha | 0.0147 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.38) | |||
| Treynor Ratio | 1.41 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lifex Income'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.
Lifex Income Backtested Returns
At this stage we consider Lifex Mutual Fund to be very steady. Lifex Income has Sharpe Ratio of 0.21, which conveys that the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Lifex Income, which you can use to evaluate the volatility of the fund. Please verify Lifex Income's Mean Deviation of 0.0947, risk adjusted performance of 0.0704, and Coefficient Of Variation of 782.57 to check out if the risk estimate we provide is consistent with the expected return of 0.0311%. The fund secures a Beta (Market Risk) of 0.0115, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lifex Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lifex Income is expected to be smaller as well.
Auto-correlation | 0.25 |
Poor predictability
Lifex Income has poor predictability. Overlapping area represents the amount of predictability between Lifex Income time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 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 Lifex Income price movement. The serial correlation of 0.25 indicates that over 25.0% of current Lifex Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lifex Income lagged returns against current returns
Autocorrelation, which is Lifex Income 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 Lifex Income's mutual fund expected returns. We can calculate the autocorrelation of Lifex Income returns to help us make a trade decision. For example, suppose you find that Lifex Income 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 |
Lifex Income 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 Lifex Income mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lifex Income mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lifex Income mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Lifex Income Lagged Returns
When evaluating Lifex Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lifex Income mutual fund have on its future price. Lifex Income 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, Lifex Income autocorrelation shows the relationship between Lifex Income mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Lifex Income.
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 Lifex Mutual Fund
Lifex Income financial ratios help investors to determine whether Lifex 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 Lifex with respect to the benefits of owning Lifex Income security.
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