Fundamental Large Cap Fund Market Value
| TAGRX Fund | USD 77.13 0.35 0.46% |
| Symbol | Fundamental |
Fundamental Large '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 Large'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 Fundamental Large.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Fundamental Large on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Fundamental Large Cap or generate 0.0% return on investment in Fundamental Large over 390 days. Fundamental Large is related to or competes with Gabelli Global, John Hancock, Financials Ultrasector, Davis Financial, and Fidelity Advisor. The fund normally invests at least 80 percent of its net assets in equity securities of large-capitalization companies More
Fundamental Large 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 Large'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 Fundamental Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8698 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.03 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 0.9876 |
Fundamental Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fundamental Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fundamental Large's standard deviation. In reality, there are many statistical measures that can use Fundamental Large historical prices to predict the future Fundamental Large's volatility.| Risk Adjusted Performance | 0.1138 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.121 |
Fundamental Large Cap Backtested Returns
At this stage we consider Fundamental Mutual Fund to be very steady. Fundamental Large Cap secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fundamental Large Cap, which you can use to evaluate the volatility of the entity. Please confirm Fundamental Large's Mean Deviation of 0.5761, coefficient of variation of 672.81, and Downside Deviation of 0.8698 to check if the risk estimate we provide is consistent with the expected return of 0.13%. The fund shows a Beta (market volatility) of 0.87, which means possible diversification benefits within a given portfolio. Fundamental Large returns are very sensitive to returns on the market. As the market goes up or down, Fundamental Large is expected to follow.
Auto-correlation | 0.73 |
Good predictability
Fundamental Large Cap has good predictability. Overlapping area represents the amount of predictability between Fundamental Large time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 Large Cap price movement. The serial correlation of 0.73 indicates that around 73.0% of current Fundamental Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 5.86 |
Fundamental Large Cap lagged returns against current returns
Autocorrelation, which is Fundamental Large 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 Large's mutual fund expected returns. We can calculate the autocorrelation of Fundamental Large returns to help us make a trade decision. For example, suppose you find that Fundamental Large 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 Large 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 Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fundamental Large 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 Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fundamental Large Lagged Returns
When evaluating Fundamental Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fundamental Large mutual fund have on its future price. Fundamental Large 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 Large autocorrelation shows the relationship between Fundamental Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fundamental Large Cap.
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 Large 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 Large security.
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