Income Fund Of Fund Market Value

RIDFX Fund  USD 26.17  0.03  0.11%   
Income Fund's market value is the price at which a share of Income Fund trades on a public exchange. It measures the collective expectations of Income Fund Of investors about its performance. Income Fund is trading at 26.17 as of the 27th of November 2024; that is 0.11% down since the beginning of the trading day. The fund's open price was 26.2.
With this module, you can estimate the performance of a buy and hold strategy of Income Fund Of and determine expected loss or profit from investing in Income Fund over a given investment horizon. Check out Income Fund Correlation, Income Fund Volatility and Income Fund Alpha and Beta module to complement your research on Income Fund.
Symbol

Please note, there is a significant difference between Income Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Income Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Income Fund's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Income 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 Income 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 Income Fund.
0.00
08/29/2024
No Change 0.00  0.0 
In 3 months and 1 day
11/27/2024
0.00
If you would invest  0.00  in Income Fund on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Income Fund Of or generate 0.0% return on investment in Income Fund over 90 days. Income Fund is related to or competes with Firsthand Technology, Invesco Technology, Mfs Technology, Blackrock Science, Technology Ultrasector, Goldman Sachs, and Columbia Global. Normally the fund invests primarily in income-producing securities More

Income 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 Income 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 Income Fund Of upside and downside potential and time the market with a certain degree of confidence.

Income Fund Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Income Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Income Fund's standard deviation. In reality, there are many statistical measures that can use Income Fund historical prices to predict the future Income Fund's volatility.
Hype
Prediction
LowEstimatedHigh
25.7626.1726.58
Details
Intrinsic
Valuation
LowRealHigh
25.3725.7826.19
Details
Naive
Forecast
LowNextHigh
25.8226.2326.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.6125.9426.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Income Fund. Your research has to be compared to or analyzed against Income Fund's peers to derive any actionable benefits. When done correctly, Income Fund's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Income Fund.

Income Fund Backtested Returns

At this stage we consider Income Mutual Fund to be very steady. Income Fund holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Income Fund, which you can use to evaluate the volatility of the entity. Please check out Income Fund's Market Risk Adjusted Performance of 0.0859, risk adjusted performance of 0.0734, and Downside Deviation of 0.4016 to validate if the risk estimate we provide is consistent with the expected return of 0.0444%. The fund retains a Market Volatility (i.e., Beta) of 0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Income Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Income Fund is expected to be smaller as well.

Auto-correlation

    
  -0.13  

Insignificant reverse predictability

Income Fund Of has insignificant reverse predictability. Overlapping area represents the amount of predictability between Income Fund time series from 29th of August 2024 to 13th of October 2024 and 13th of October 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 Income Fund price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Income Fund price fluctuation can be explain by its past prices.
Correlation Coefficient-0.13
Spearman Rank Test-0.16
Residual Average0.0
Price Variance0.03

Income Fund lagged returns against current returns

Autocorrelation, which is Income 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 Income Fund's mutual fund expected returns. We can calculate the autocorrelation of Income Fund returns to help us make a trade decision. For example, suppose you find that Income 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  

Income 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 Income Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Income 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 Income Fund mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Income Fund Lagged Returns

When evaluating Income Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Income Fund mutual fund have on its future price. Income 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, Income Fund autocorrelation shows the relationship between Income Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Income Fund Of.
   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 Income Mutual Fund

Income Fund financial ratios help investors to determine whether Income 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 Income with respect to the benefits of owning Income Fund security.
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