Fundamental Indexplus Tr Fund Market Value
| PIXAX Fund | USD 18.47 0.01 0.05% |
| Symbol | Fundamental |
Fundamental Indexplus '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 Fundamental Indexplus' 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 Fundamental Indexplus.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Fundamental Indexplus on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Fundamental Indexplus Tr or generate 0.0% return on investment in Fundamental Indexplus over 30 days. Fundamental Indexplus is related to or competes with Dodge Cox, American Mutual, American Funds, American Funds, American Mutual, American Mutual, and American Mutual. The fund seeks to exceed the total return of the Russell 1000 Value Index under normal circumstances by obtaining exposu... More
Fundamental Indexplus 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 Fundamental Indexplus' 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 Fundamental Indexplus Tr upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7958 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.26 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.34 |
Fundamental Indexplus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fundamental Indexplus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fundamental Indexplus' standard deviation. In reality, there are many statistical measures that can use Fundamental Indexplus historical prices to predict the future Fundamental Indexplus' volatility.| Risk Adjusted Performance | 0.0689 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0699 |
Fundamental Indexplus Backtested Returns
At this stage we consider Fundamental Mutual Fund to be very steady. Fundamental Indexplus secures Sharpe Ratio (or Efficiency) of 0.0984, which denotes the fund had a 0.0984% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fundamental Indexplus Tr, which you can use to evaluate the volatility of the entity. Please confirm Fundamental Indexplus' Downside Deviation of 0.7958, coefficient of variation of 1129.25, and Mean Deviation of 0.6463 to check if the risk estimate we provide is consistent with the expected return of 0.0863%. The fund shows a Beta (market volatility) of 0.96, which means possible diversification benefits within a given portfolio. Fundamental Indexplus returns are very sensitive to returns on the market. As the market goes up or down, Fundamental Indexplus is expected to follow.
Auto-correlation | 0.68 |
Good predictability
Fundamental Indexplus Tr has good predictability. Overlapping area represents the amount of predictability between Fundamental Indexplus time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Fundamental Indexplus price movement. The serial correlation of 0.68 indicates that around 68.0% of current Fundamental Indexplus price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Fundamental Indexplus lagged returns against current returns
Autocorrelation, which is Fundamental Indexplus 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 Fundamental Indexplus' mutual fund expected returns. We can calculate the autocorrelation of Fundamental Indexplus returns to help us make a trade decision. For example, suppose you find that Fundamental Indexplus 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 |
Fundamental Indexplus 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 Fundamental Indexplus mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fundamental Indexplus mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fundamental Indexplus mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fundamental Indexplus Lagged Returns
When evaluating Fundamental Indexplus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fundamental Indexplus mutual fund have on its future price. Fundamental Indexplus 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, Fundamental Indexplus autocorrelation shows the relationship between Fundamental Indexplus mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fundamental Indexplus Tr.
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 Fundamental Mutual Fund
Fundamental Indexplus financial ratios help investors to determine whether Fundamental 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 Fundamental with respect to the benefits of owning Fundamental Indexplus security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |