Navigator Tactical Fixed Fund Market Value
| NTBCX Fund | USD 10.09 0.02 0.20% |
| Symbol | Navigator |
Navigator Tactical '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 Navigator Tactical'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 Navigator Tactical.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Navigator Tactical on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Navigator Tactical Fixed or generate 0.0% return on investment in Navigator Tactical over 180 days. Navigator Tactical is related to or competes with Touchstone Small, Vanguard Small-cap, Kinetics Small, Jpmorgan Small, Qs Us, and Baird Small/mid. The fund will normally invest at least 80 percent of its assets, defined as net assets plus the amount of any borrowings... More
Navigator Tactical 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 Navigator Tactical'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 Navigator Tactical Fixed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1732 | |||
| Information Ratio | (0.70) | |||
| Maximum Drawdown | 0.6024 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.2997 |
Navigator Tactical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Navigator Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Navigator Tactical's standard deviation. In reality, there are many statistical measures that can use Navigator Tactical historical prices to predict the future Navigator Tactical's volatility.| Risk Adjusted Performance | 0.0944 | |||
| Jensen Alpha | 0.0022 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.64) | |||
| Treynor Ratio | 0.1462 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Navigator Tactical'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.
Navigator Tactical Fixed Backtested Returns
At this stage we consider Navigator Mutual Fund to be very steady. Navigator Tactical Fixed has Sharpe Ratio of 0.2, which conveys that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Navigator Tactical, which you can use to evaluate the volatility of the fund. Please verify Navigator Tactical's Risk Adjusted Performance of 0.0944, mean deviation of 0.1268, and Coefficient Of Variation of 575.05 to check out if the risk estimate we provide is consistent with the expected return of 0.0314%. The fund secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Navigator Tactical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Navigator Tactical is expected to be smaller as well.
Auto-correlation | 0.55 |
Modest predictability
Navigator Tactical Fixed has modest predictability. Overlapping area represents the amount of predictability between Navigator Tactical time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st of December 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 Navigator Tactical Fixed price movement. The serial correlation of 0.55 indicates that about 55.0% of current Navigator Tactical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Navigator Tactical Fixed lagged returns against current returns
Autocorrelation, which is Navigator Tactical 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 Navigator Tactical's mutual fund expected returns. We can calculate the autocorrelation of Navigator Tactical returns to help us make a trade decision. For example, suppose you find that Navigator Tactical 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 |
Navigator Tactical 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 Navigator Tactical mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Navigator Tactical mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Navigator Tactical mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Navigator Tactical Lagged Returns
When evaluating Navigator Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Navigator Tactical mutual fund have on its future price. Navigator Tactical 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, Navigator Tactical autocorrelation shows the relationship between Navigator Tactical mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Navigator Tactical Fixed.
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 Navigator Mutual Fund
Navigator Tactical financial ratios help investors to determine whether Navigator 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 Navigator with respect to the benefits of owning Navigator Tactical security.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |