Value Fund A Fund Market Value
| TWADX Fund | USD 8.87 0.02 0.22% |
| Symbol | Value |
Value 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 Value 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 Value Fund.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Value Fund on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Value Fund A or generate 0.0% return on investment in Value Fund over 30 days. Value Fund is related to or competes with Dodge Cox, American Mutual, American Funds, American Funds, American Mutual, American Mutual, and American Mutual. In selecting stocks for the fund, the portfolio managers look for companies of all sizes whose stock price may not refle... More
Value 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 Value 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 Value Fund A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.496 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 2.91 | |||
| Value At Risk | (0.70) | |||
| Potential Upside | 0.9401 |
Value Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Value Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Value Fund's standard deviation. In reality, there are many statistical measures that can use Value Fund historical prices to predict the future Value Fund's volatility.| Risk Adjusted Performance | 0.0913 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0955 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Value Fund's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Value Fund A Backtested Returns
At this stage we consider Value Mutual Fund to be very steady. Value Fund A owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Value Fund A, which you can use to evaluate the volatility of the fund. Please validate Value Fund's Coefficient Of Variation of 812.01, risk adjusted performance of 0.0913, and Semi Deviation of 0.3855 to confirm if the risk estimate we provide is consistent with the expected return of 0.0739%. The entity has a beta of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Value Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Value Fund is expected to be smaller as well.
Auto-correlation | 0.82 |
Very good predictability
Value Fund A has very good predictability. Overlapping area represents the amount of predictability between Value Fund 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 Value Fund A price movement. The serial correlation of 0.82 indicates that around 82.0% of current Value Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Value Fund A lagged returns against current returns
Autocorrelation, which is Value 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 Value Fund's mutual fund expected returns. We can calculate the autocorrelation of Value Fund returns to help us make a trade decision. For example, suppose you find that Value 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 |
Value 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 Value Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Value 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 Value Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Value Fund Lagged Returns
When evaluating Value Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Value Fund mutual fund have on its future price. Value 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, Value Fund autocorrelation shows the relationship between Value Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Value Fund A.
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 Value Mutual Fund
Value Fund financial ratios help investors to determine whether Value 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 Value with respect to the benefits of owning Value Fund security.
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