Domini Sustainable Solutions Fund Market Value
| LIFEX Fund | USD 16.74 0.04 0.24% |
| Symbol | Domini |
Domini Sustainable '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 Domini Sustainable'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 Domini Sustainable.
| 02/01/2024 |
| 11/27/2024 |
If you would invest 0.00 in Domini Sustainable on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Domini Sustainable Solutions or generate 0.0% return on investment in Domini Sustainable over 300 days. Domini Sustainable is related to or competes with Ab Discovery, Mutual Of, Lord Abbett, Heartland Value, and Fpa Queens. Under normal circumstances, the fund invests at least 80 percent of its net assets in securities of companies that demon... More
Domini Sustainable 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 Domini Sustainable'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 Domini Sustainable Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.42 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.25 |
Domini Sustainable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Domini Sustainable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Domini Sustainable's standard deviation. In reality, there are many statistical measures that can use Domini Sustainable historical prices to predict the future Domini Sustainable's volatility.| Risk Adjusted Performance | 0.0205 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.0134 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Domini Sustainable'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.
Domini Sustainable Backtested Returns
At this stage we consider Domini Mutual Fund to be very steady. Domini Sustainable secures Sharpe Ratio (or Efficiency) of 0.0257, which denotes the fund had a 0.0257% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Domini Sustainable Solutions, which you can use to evaluate the volatility of the entity. Please confirm Domini Sustainable's Downside Deviation of 1.06, coefficient of variation of 3965.64, and Mean Deviation of 0.686 to check if the risk estimate we provide is consistent with the expected return of 0.0226%. The fund shows a Beta (market volatility) of 0.9, which means possible diversification benefits within a given portfolio. Domini Sustainable returns are very sensitive to returns on the market. As the market goes up or down, Domini Sustainable is expected to follow.
Auto-correlation | 0.11 |
Insignificant predictability
Domini Sustainable Solutions has insignificant predictability. Overlapping area represents the amount of predictability between Domini Sustainable time series from 1st of February 2024 to 30th of June 2024 and 30th of June 2024 to 27th 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 Domini Sustainable price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Domini Sustainable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Domini Sustainable lagged returns against current returns
Autocorrelation, which is Domini Sustainable 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 Domini Sustainable's mutual fund expected returns. We can calculate the autocorrelation of Domini Sustainable returns to help us make a trade decision. For example, suppose you find that Domini Sustainable 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 |
Domini Sustainable 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 Domini Sustainable mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Domini Sustainable mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Domini Sustainable mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Domini Sustainable Lagged Returns
When evaluating Domini Sustainable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Domini Sustainable mutual fund have on its future price. Domini Sustainable 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, Domini Sustainable autocorrelation shows the relationship between Domini Sustainable mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Domini Sustainable Solutions.
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 Domini Mutual Fund
Domini Sustainable financial ratios help investors to determine whether Domini 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 Domini with respect to the benefits of owning Domini Sustainable security.
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