1nvest High (South Africa) Market Value
| 0P00017ZB0 | 1.40 0.01 0.71% |
| Symbol | 1nvest |
1nvest High '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 1nvest High's 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 1nvest High.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in 1nvest High on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding 1nvest High Equity or generate 0.0% return on investment in 1nvest High over 30 days.
1nvest High 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 1nvest High's 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 1nvest High Equity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 2.13 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 0.7194 |
1nvest High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1nvest High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1nvest High's standard deviation. In reality, there are many statistical measures that can use 1nvest High historical prices to predict the future 1nvest High's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 1.59 |
1nvest High Equity Backtested Returns
1nvest High Equity secures Sharpe Ratio (or Efficiency) of -0.0209, which signifies that the fund had a -0.0209 % return per unit of standard deviation over the last 3 months. 1nvest High Equity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 1nvest High's mean deviation of 0.3367, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0132, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 1nvest High are expected to decrease at a much lower rate. During the bear market, 1nvest High is likely to outperform the market.
Auto-correlation | -0.09 |
Very weak reverse predictability
1nvest High Equity has very weak reverse predictability. Overlapping area represents the amount of predictability between 1nvest High time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 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 1nvest High Equity price movement. The serial correlation of -0.09 indicates that less than 9.0% of current 1nvest High price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
1nvest High Equity lagged returns against current returns
Autocorrelation, which is 1nvest High 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 1nvest High's fund expected returns. We can calculate the autocorrelation of 1nvest High returns to help us make a trade decision. For example, suppose you find that 1nvest High has exhibited high autocorrelation historically, and you observe that the 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 |
1nvest High 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 1nvest High fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1nvest High fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1nvest High fund over time.
Current vs Lagged Prices |
| Timeline |
1nvest High Lagged Returns
When evaluating 1nvest High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1nvest High fund have on its future price. 1nvest High 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, 1nvest High autocorrelation shows the relationship between 1nvest High fund current value and its past values and can show if there is a momentum factor associated with investing in 1nvest High Equity.
Regressed Prices |
| Timeline |
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