Madison Servative Allocation Fund Market Value
| MCOCX Fund | USD 10.10 0.07 0.70% |
| Symbol | Madison |
Madison Servative '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 Servative'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 Servative.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Madison Servative on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Madison Servative Allocation or generate 0.0% return on investment in Madison Servative over 720 days. Madison Servative is related to or competes with Madison Moderate, Madison Moderate, Madison Investors, Madison Investors, Broadview Opportunity, Madison Aggressive, and Madison Funds. The fund invests primarily in shares of other registered investment companies More
Madison Servative 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 Servative'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 Servative Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3144 | |||
| Information Ratio | (0.44) | |||
| Maximum Drawdown | 1.2 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.4946 |
Madison Servative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Madison Servative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Madison Servative's standard deviation. In reality, there are many statistical measures that can use Madison Servative historical prices to predict the future Madison Servative's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.39) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Madison Servative'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 Servative Backtested Returns
At this stage we consider Madison Mutual Fund to be very steady. Madison Servative has Sharpe Ratio of 0.0285, which conveys that the entity had a 0.0285% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Madison Servative, which you can use to evaluate the volatility of the fund. Please verify Madison Servative's Mean Deviation of 0.2133, insignificant risk adjusted performance, and Downside Deviation of 0.3144 to check out if the risk estimate we provide is consistent with the expected return of 0.0082%. The fund secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Madison Servative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Madison Servative is expected to be smaller as well.
Auto-correlation | -0.27 |
Weak reverse predictability
Madison Servative Allocation has weak reverse predictability. Overlapping area represents the amount of predictability between Madison Servative time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Servative price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Madison Servative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Madison Servative lagged returns against current returns
Autocorrelation, which is Madison Servative 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 Servative's mutual fund expected returns. We can calculate the autocorrelation of Madison Servative returns to help us make a trade decision. For example, suppose you find that Madison Servative 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 Servative 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 Servative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Madison Servative 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 Servative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Madison Servative Lagged Returns
When evaluating Madison Servative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Madison Servative mutual fund have on its future price. Madison Servative 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 Servative autocorrelation shows the relationship between Madison Servative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Madison Servative Allocation.
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 Servative 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 Servative security.
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