Madison E Bond Fund Market Value
| MBOYX Fund | USD 9.00 0.02 0.22% |
| Symbol | Madison |
Madison Core '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 Madison Core'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 Madison Core.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Madison Core on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Madison E Bond or generate 0.0% return on investment in Madison Core over 30 days. Madison Core is related to or competes with Prudential Health, Fidelity Advisor, Deutsche Health, Eventide Healthcare, Live Oak, and Hartford Healthcare. The fund invests at least 80 percent of its net assets in bonds More
Madison Core 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 Madison Core'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 Madison E Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.50) | |||
| Maximum Drawdown | 1.21 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.4391 |
Madison Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Madison Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Madison Core's standard deviation. In reality, there are many statistical measures that can use Madison Core historical prices to predict the future Madison Core's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.6517 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Madison Core'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.
Madison E Bond Backtested Returns
Madison E Bond has Sharpe Ratio of -0.0576, which conveys that the entity had a -0.0576% return per unit of risk over the last 3 months. Madison Core exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Madison Core's Mean Deviation of 0.2256, risk adjusted performance of (0.06), and Standard Deviation of 0.2871 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of -0.0378, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Madison Core are expected to decrease at a much lower rate. During the bear market, Madison Core is likely to outperform the market.
Auto-correlation | 0.32 |
Below average predictability
Madison E Bond has below average predictability. Overlapping area represents the amount of predictability between Madison Core time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Madison E Bond price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Madison Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Madison E Bond lagged returns against current returns
Autocorrelation, which is Madison Core 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 Madison Core's mutual fund expected returns. We can calculate the autocorrelation of Madison Core returns to help us make a trade decision. For example, suppose you find that Madison Core 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 |
Madison Core 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 Madison Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Madison Core mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Madison Core mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Madison Core Lagged Returns
When evaluating Madison Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Madison Core mutual fund have on its future price. Madison Core 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, Madison Core autocorrelation shows the relationship between Madison Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Madison E 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 Madison Mutual Fund
Madison Core financial ratios help investors to determine whether Madison 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 Madison with respect to the benefits of owning Madison Core security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
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