Mndvux Fund Market Value
| MNDVUX Fund | 20.54 0.17 0.83% |
| Symbol | Mndvux |
Mndvux '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 Mndvux's 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 Mndvux.
| 02/02/2023 |
| 01/22/2025 |
If you would invest 0.00 in Mndvux on February 2, 2023 and sell it all today you would earn a total of 0.00 from holding Mndvux or generate 0.0% return on investment in Mndvux over 720 days.
Mndvux 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 Mndvux's 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 Mndvux upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.4914 | |||
| Maximum Drawdown | 1.93 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.59 |
Mndvux Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mndvux's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mndvux's standard deviation. In reality, there are many statistical measures that can use Mndvux historical prices to predict the future Mndvux's volatility.| Risk Adjusted Performance | 0.4573 | |||
| Jensen Alpha | 0.3607 | |||
| Total Risk Alpha | 0.3425 | |||
| Treynor Ratio | 2.89 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mndvux'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.
Mndvux Backtested Returns
Mndvux appears to be very steady, given 3 months investment horizon. Mndvux has Sharpe Ratio of 0.54, which conveys that the entity had a 0.54 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Mndvux, which you can use to evaluate the volatility of the fund. Please exercise Mndvux's Risk Adjusted Performance of 0.4573, standard deviation of 0.6868, and Mean Deviation of 0.4984 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mndvux's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mndvux is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Mndvux has no correlation between past and present. Overlapping area represents the amount of predictability between Mndvux time series from 2nd of February 2023 to 28th of January 2024 and 28th of January 2024 to 22nd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mndvux price movement. The serial correlation of 0.0 indicates that just 0.0% of current Mndvux price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mndvux lagged returns against current returns
Autocorrelation, which is Mndvux 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 Mndvux's fund expected returns. We can calculate the autocorrelation of Mndvux returns to help us make a trade decision. For example, suppose you find that Mndvux has exhibited high autocorrelation historically, and you observe that the 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 |
Mndvux 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 Mndvux fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mndvux fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mndvux fund over time.
Current vs Lagged Prices |
| Timeline |
Mndvux Lagged Returns
When evaluating Mndvux's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mndvux fund have on its future price. Mndvux 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, Mndvux autocorrelation shows the relationship between Mndvux fund current value and its past values and can show if there is a momentum factor associated with investing in Mndvux.
Regressed Prices |
| Timeline |
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