Thompson Bond Fund Market Value
| THOPX Fund | USD 10.52 0.03 0.29% |
| Symbol | Thompson |
Thompson Bond '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 Thompson Bond'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 Thompson Bond.
| 01/07/2025 |
| 02/06/2025 |
If you would invest 0.00 in Thompson Bond on January 7, 2025 and sell it all today you would earn a total of 0.00 from holding Thompson Bond Fund or generate 0.0% return on investment in Thompson Bond over 30 days. Thompson Bond is related to or competes with Tcw Total, Amg Yacktman, Fidelity Advisor, Doubleline Total, and Janus Short-term. The fund normally invests at least 80 percent of its net assets plus any borrowing for investment purposes in a diversif... More
Thompson Bond 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 Thompson Bond'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 Thompson Bond Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1284 | |||
| Information Ratio | 0.0455 | |||
| Maximum Drawdown | 0.4842 | |||
| Value At Risk | (0.1) | |||
| Potential Upside | 0.2904 |
Thompson Bond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thompson Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thompson Bond's standard deviation. In reality, there are many statistical measures that can use Thompson Bond historical prices to predict the future Thompson Bond's volatility.| Risk Adjusted Performance | 0.2086 | |||
| Jensen Alpha | 0.0298 | |||
| Total Risk Alpha | 0.0268 | |||
| Sortino Ratio | 0.0397 | |||
| Treynor Ratio | 0.7866 |
Thompson Bond Backtested Returns
At this stage we consider Thompson Mutual Fund to be very steady. Thompson Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.36, which indicates the fund had a 0.36 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Thompson Bond Fund, which you can use to evaluate the volatility of the fund. Please validate Thompson Bond's Standard Deviation of 0.1121, downside deviation of 0.1284, and Risk Adjusted Performance of 0.2086 to confirm if the risk estimate we provide is consistent with the expected return of 0.0408%. The entity has a beta of 0.0392, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thompson Bond's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thompson Bond is expected to be smaller as well.
Auto-correlation | 0.60 |
Good predictability
Thompson Bond Fund has good predictability. Overlapping area represents the amount of predictability between Thompson Bond time series from 7th of January 2025 to 22nd of January 2025 and 22nd of January 2025 to 6th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Thompson Bond price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Thompson Bond price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Thompson Bond lagged returns against current returns
Autocorrelation, which is Thompson Bond 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 Thompson Bond's mutual fund expected returns. We can calculate the autocorrelation of Thompson Bond returns to help us make a trade decision. For example, suppose you find that Thompson Bond 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 |
Thompson Bond 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 Thompson Bond mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thompson Bond mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thompson Bond mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Thompson Bond Lagged Returns
When evaluating Thompson Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thompson Bond mutual fund have on its future price. Thompson Bond 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, Thompson Bond autocorrelation shows the relationship between Thompson Bond mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Thompson Bond Fund.
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 Thompson Mutual Fund
Thompson Bond financial ratios help investors to determine whether Thompson 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 Thompson with respect to the benefits of owning Thompson Bond security.
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