Lincoln Equity Income Fund Volatility
| LFTOX Fund | 12.11 0.07 0.58% |
At this stage we consider Lincoln Mutual Fund to be very steady. Lincoln Equity Income has Sharpe Ratio of 0.0915, which conveys that the entity had a 0.0915 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lincoln Equity, which you can use to evaluate the volatility of the fund. Please verify Lincoln Equity's Downside Deviation of 0.8527, risk adjusted performance of 0.0263, and Mean Deviation of 0.4948 to check out if the risk estimate we provide is consistent with the expected return of 0.061%.
Lincoln |
Lincoln Equity Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Lincoln daily returns, and it is calculated using variance and standard deviation. We also use Lincoln's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Lincoln Equity volatility.
Downward market volatility can be a perfect environment for investors who play the long game with Lincoln Equity. They may decide to buy additional shares of Lincoln Equity at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with Lincoln Mutual Fund
| 0.98 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.87 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.86 | VTSMX | Vanguard Total Stock | PairCorr |
| 0.86 | VITSX | Vanguard Total Stock | PairCorr |
| 0.98 | VSTSX | Vanguard Total Stock | PairCorr |
| 0.86 | VSMPX | Vanguard Total Stock | PairCorr |
| 0.77 | VTIAX | Vanguard Total Inter | PairCorr |
| 0.86 | VFINX | Vanguard 500 Index | PairCorr |
| 0.99 | VFFSX | Vanguard 500 Index | PairCorr |
| 0.64 | VBTLX | Vanguard Total Bond | PairCorr |
| 0.7 | PRFRX | T Rowe Price | PairCorr |
| 0.83 | TLHHX | Tiaa Cref Lifecycle | PairCorr |
| 0.72 | AWTAX | Allianzgi Global Water | PairCorr |
| 0.7 | TFIFX | T Rowe Price | PairCorr |
| 0.72 | PEIQX | Equity Income | PairCorr |
| 0.75 | DRSVX | Foundry Partners Fun | PairCorr |
| 0.73 | VQNPX | Vanguard Growth And | PairCorr |
| 0.8 | RALAX | Growth Strategy | PairCorr |
| 0.73 | VGIAX | Vanguard Growth And | PairCorr |
| 0.81 | LAGIX | Ladenburg Aggressive | PairCorr |
| 0.79 | TCIEX | Tiaa Cref International | PairCorr |
| 0.71 | GACIX | Gabelli Small | PairCorr |
| 0.82 | JRTYX | Multi Index 2050 | PairCorr |
| 0.71 | PEUCX | Equity Income | PairCorr |
| 0.78 | NMHYX | Multi Manager High | PairCorr |
| 0.72 | SMDRX | Hartford Schroders | PairCorr |
| 0.76 | WSMDX | William Blair Small | PairCorr |
| 0.92 | AAOTX | American Funds 2065 | PairCorr |
| 0.82 | SAMHX | Ridgeworth Seix High | PairCorr |
| 0.78 | JVTAX | Janus Venture | PairCorr |
Lincoln Equity Market Sensitivity And Downside Risk
Lincoln Equity's beta coefficient measures the volatility of Lincoln mutual fund compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Lincoln mutual fund's returns against your selected market. In other words, Lincoln Equity's beta of 0.0579 provides an investor with an approximation of how much risk Lincoln Equity mutual fund can potentially add to one of your existing portfolios. Lincoln Equity Income has low volatility with Treynor Ratio of 0.26, Maximum Drawdown of 3.61 and kurtosis of 1.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Lincoln Equity's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Lincoln Equity's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Lincoln Equity Income Demand TrendCheck current 90 days Lincoln Equity correlation with market (Dow Jones Industrial)Lincoln Equity Volatility and Downside Risk
Lincoln standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Lincoln Equity Income Mutual Fund Volatility Analysis
Volatility refers to the frequency at which Lincoln Equity fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Lincoln Equity's price changes. Investors will then calculate the volatility of Lincoln Equity's mutual fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A mutual fund with relatively stable price changes has low volatility. A highly volatile fund is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Lincoln Equity's volatility:
Historical Volatility
This type of fund volatility measures Lincoln Equity's fluctuations based on previous trends. It's commonly used to predict Lincoln Equity's future behavior based on its past. However, it cannot conclusively determine the future direction of the mutual fund.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Lincoln Equity's current market price. This means that the fund will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Lincoln Equity's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Lincoln Equity Income Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Lincoln Equity Projected Return Density Against Market
Assuming the 90 days horizon Lincoln Equity has a beta of 0.0579 . This indicates as returns on the market go up, Lincoln Equity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lincoln Equity Income will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Lincoln Equity or Lincoln sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Lincoln Equity's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Lincoln fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Predicted Return Density |
| Returns |
What Drives a Lincoln Equity Price Volatility?
Several factors can influence a fund's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Lincoln Equity Mutual Fund Risk Measures
Assuming the 90 days horizon the coefficient of variation of Lincoln Equity is 1092.83. The daily returns are distributed with a variance of 0.44 and standard deviation of 0.67. The mean deviation of Lincoln Equity Income is currently at 0.48. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | -0.04 |
Lincoln Equity Mutual Fund Return Volatility
Lincoln Equity historical daily return volatility represents how much of Lincoln Equity fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 0.6671% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7511% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
Related Correlations Analysis
| 0.03 | 0.62 | 0.94 | 0.91 | DBELX | ||
| 0.03 | 0.73 | -0.21 | 0.0 | QMNIX | ||
| 0.62 | 0.73 | 0.46 | 0.63 | QLENX | ||
| 0.94 | -0.21 | 0.46 | 0.95 | REMVX | ||
| 0.91 | 0.0 | 0.63 | 0.95 | RECIX | ||
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Lincoln Mutual Fund performing well and Lincoln Equity Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Lincoln Equity's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DBELX | 0.21 | 0.06 | 0.05 | (3.41) | 0.12 | 0.43 | 2.02 | |||
| QMNIX | 0.31 | 0.02 | (0.04) | (0.66) | 0.38 | 0.59 | 1.65 | |||
| QLENX | 0.36 | 0.06 | 0.07 | 0.29 | 0.25 | 0.85 | 1.88 | |||
| REMVX | 0.59 | 0.19 | 0.24 | 2.39 | 0.30 | 1.47 | 3.28 | |||
| RECIX | 0.77 | 0.30 | 0.30 | 2.13 | 0.45 | 1.35 | 11.52 |
Lincoln Equity Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.75 and is 1.12 times more volatile than Lincoln Equity Income. 5 percent of all equities and portfolios are less risky than Lincoln Equity. You can use Lincoln Equity Income to enhance the returns of your portfolios. The mutual fund experiences a moderate upward volatility. Check odds of Lincoln Equity to be traded at 13.32 in 90 days.Very poor diversification
The correlation between Lincoln Equity Income and DJI is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lincoln Equity Income and DJI in the same portfolio, assuming nothing else is changed.
Lincoln Equity Additional Risk Indicators
The analysis of Lincoln Equity's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Lincoln Equity's investment and either accepting that risk or mitigating it. Along with some common measures of Lincoln Equity mutual fund's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.0263 | |||
| Market Risk Adjusted Performance | 0.2676 | |||
| Mean Deviation | 0.4948 | |||
| Semi Deviation | 0.7292 | |||
| Downside Deviation | 0.8527 | |||
| Coefficient Of Variation | 2692.48 | |||
| Standard Deviation | 0.6708 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential mutual funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Lincoln Equity Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Lincoln Equity as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Lincoln Equity's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Lincoln Equity's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Lincoln Equity Income.
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| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |