Income Stock Fund Market Value
| USISX Fund | USD 21.80 0.20 0.93% |
| Symbol | Income |
Income Stock '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 Stock'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 Stock.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Income Stock on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Income Stock Fund or generate 0.0% return on investment in Income Stock over 330 days. Income Stock is related to or competes with Dunham High, Pioneer High, Pimco High, Lord Abbett, Siit High, Guggenheim High, and Jpmorgan High. The fund normally invests at least 80 percent of its assets in common stocks, with at least 65 percent of the funds asse... More
Income Stock 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 Stock'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 Stock Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5938 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.63 | |||
| Value At Risk | (0.97) | |||
| Potential Upside | 1.11 |
Income Stock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Income Stock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Income Stock's standard deviation. In reality, there are many statistical measures that can use Income Stock historical prices to predict the future Income Stock's volatility.| Risk Adjusted Performance | 0.1057 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1065 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Income Stock'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.
Income Stock Backtested Returns
At this stage we consider Income Mutual Fund to be very steady. Income Stock 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 Stock, which you can use to evaluate the volatility of the entity. Please check out Income Stock's Market Risk Adjusted Performance of 0.1165, risk adjusted performance of 0.1057, and Downside Deviation of 0.5938 to validate if the risk estimate we provide is consistent with the expected return of 0.0746%. The fund retains a Market Volatility (i.e., Beta) of 0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Income Stock's returns are expected to increase less than the market. However, during the bear market, the loss of holding Income Stock is expected to be smaller as well.
Auto-correlation | 0.74 |
Good predictability
Income Stock Fund has good predictability. Overlapping area represents the amount of predictability between Income Stock time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 Stock price movement. The serial correlation of 0.74 indicates that around 74.0% of current Income Stock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Income Stock lagged returns against current returns
Autocorrelation, which is Income Stock 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 Stock's mutual fund expected returns. We can calculate the autocorrelation of Income Stock returns to help us make a trade decision. For example, suppose you find that Income Stock 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 Stock 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 Stock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Income Stock 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 Stock mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Income Stock Lagged Returns
When evaluating Income Stock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Income Stock mutual fund have on its future price. Income Stock 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 Stock autocorrelation shows the relationship between Income Stock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Income Stock 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 Income Mutual Fund
Income Stock 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 Stock security.
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| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |