Quantex Fund Institutional Fund Market Value
| QNTIX Fund | USD 42.22 0.21 0.50% |
| Symbol | Quantex |
Quantex Fund '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 Quantex Fund'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 Quantex Fund.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Quantex Fund on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Quantex Fund Institutional or generate 0.0% return on investment in Quantex Fund over 180 days. Quantex Fund is related to or competes with Quantex Fund, Nuveen Mid, Bny Mellon, and Keeley Mid. Under normal circumstances, the fund will invest at least 80 percent of its net assets in common stocks or underlying fu... More
Quantex Fund 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 Quantex Fund'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 Quantex Fund Institutional upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7736 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.51 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 1.2 |
Quantex Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quantex Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quantex Fund's standard deviation. In reality, there are many statistical measures that can use Quantex Fund historical prices to predict the future Quantex Fund's volatility.| Risk Adjusted Performance | 0.081 | |||
| Jensen Alpha | 0.069 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 21.67 |
Quantex Fund Institu Backtested Returns
At this stage we consider Quantex Mutual Fund to be very steady. Quantex Fund Institu maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Quantex Fund Institu, which you can use to evaluate the volatility of the fund. Please check Quantex Fund's Semi Deviation of 0.6773, coefficient of variation of 940.25, and Risk Adjusted Performance of 0.081 to confirm if the risk estimate we provide is consistent with the expected return of 0.0762%. The fund holds a Beta of 0.0032, which implies not very significant fluctuations relative to the market. As returns on the market increase, Quantex Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Quantex Fund is expected to be smaller as well.
Auto-correlation | 0.31 |
Below average predictability
Quantex Fund Institutional has below average predictability. Overlapping area represents the amount of predictability between Quantex Fund time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 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 Quantex Fund Institu price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Quantex Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.61 |
Quantex Fund Institu lagged returns against current returns
Autocorrelation, which is Quantex Fund 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 Quantex Fund's mutual fund expected returns. We can calculate the autocorrelation of Quantex Fund returns to help us make a trade decision. For example, suppose you find that Quantex Fund 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 |
Quantex Fund 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 Quantex Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quantex Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quantex Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Quantex Fund Lagged Returns
When evaluating Quantex Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quantex Fund mutual fund have on its future price. Quantex Fund 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, Quantex Fund autocorrelation shows the relationship between Quantex Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Quantex Fund Institutional.
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 Quantex Mutual Fund
Quantex Fund financial ratios help investors to determine whether Quantex 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 Quantex with respect to the benefits of owning Quantex Fund security.
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