Madison Investors Fund Market Value
| MNVAX Fund | USD 31.56 0.28 0.88% |
| Symbol | Madison |
Madison Investors '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 Investors' 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 Investors.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Madison Investors on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Madison Investors Fund or generate 0.0% return on investment in Madison Investors over 60 days. Madison Investors is related to or competes with Hartford Moderate, American Funds, Calvert Moderate, Blackrock Moderate, Fidelity Managed, Transamerica Cleartrack, and Jp Morgan. The fund seeks to achieve its investment objective by investing in the common stock of established, high-quality compani... More
Madison Investors 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 Investors' 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 Investors Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7122 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.55 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.05 |
Madison Investors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Madison Investors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Madison Investors' standard deviation. In reality, there are many statistical measures that can use Madison Investors historical prices to predict the future Madison Investors' volatility.| Risk Adjusted Performance | 0.0838 | |||
| Jensen Alpha | 0.0787 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (4.32) |
Madison Investors Backtested Returns
At this stage we consider Madison Mutual Fund to be very steady. Madison Investors has Sharpe Ratio of 0.0936, which conveys that the entity had a 0.0936% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Madison Investors, which you can use to evaluate the volatility of the fund. Please verify Madison Investors' Risk Adjusted Performance of 0.0838, downside deviation of 0.7122, and Mean Deviation of 0.5924 to check out if the risk estimate we provide is consistent with the expected return of 0.075%. The fund secures a Beta (Market Risk) of -0.0177, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Madison Investors are expected to decrease at a much lower rate. During the bear market, Madison Investors is likely to outperform the market.
Auto-correlation | 0.17 |
Very weak predictability
Madison Investors Fund has very weak predictability. Overlapping area represents the amount of predictability between Madison Investors time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 to 23rd 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 Investors price movement. The serial correlation of 0.17 indicates that over 17.0% of current Madison Investors price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Madison Investors lagged returns against current returns
Autocorrelation, which is Madison Investors 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 Investors' mutual fund expected returns. We can calculate the autocorrelation of Madison Investors returns to help us make a trade decision. For example, suppose you find that Madison Investors 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 Investors 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 Investors mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Madison Investors 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 Investors mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Madison Investors Lagged Returns
When evaluating Madison Investors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Madison Investors mutual fund have on its future price. Madison Investors 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 Investors autocorrelation shows the relationship between Madison Investors mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Madison Investors Fund.
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 Investors 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 Investors security.
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