Applied Finance Select Fund Market Value
| AFVZX Fund | USD 22.28 0.20 0.91% |
| Symbol | Applied |
Applied Finance '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 Applied Finance'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 Applied Finance.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Applied Finance on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Applied Finance Select or generate 0.0% return on investment in Applied Finance over 30 days. Applied Finance is related to or competes with Goldman Sachs, Intermediate Bond, Rbc Impact, Versatile Bond, Morningstar Defensive, Flexible Bond, and Scout Core. The fund invests primarily in equity securities of U.S More
Applied Finance 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 Applied Finance'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 Applied Finance Select upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 3.71 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 1.08 |
Applied Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Applied Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Applied Finance's standard deviation. In reality, there are many statistical measures that can use Applied Finance historical prices to predict the future Applied Finance's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.09) |
Applied Finance Select Backtested Returns
Applied Finance Select secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the fund had a -0.1 % return per unit of risk over the last 3 months. Applied Finance Select exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Applied Finance's Mean Deviation of 0.545, standard deviation of 0.7359, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Applied Finance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Applied Finance is expected to be smaller as well.
Auto-correlation | -0.07 |
Very weak reverse predictability
Applied Finance Select has very weak reverse predictability. Overlapping area represents the amount of predictability between Applied Finance time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 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 Applied Finance Select price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Applied Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Applied Finance Select lagged returns against current returns
Autocorrelation, which is Applied Finance 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 Applied Finance's mutual fund expected returns. We can calculate the autocorrelation of Applied Finance returns to help us make a trade decision. For example, suppose you find that Applied Finance 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 |
Applied Finance 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 Applied Finance mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Applied Finance mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Applied Finance mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Applied Finance Lagged Returns
When evaluating Applied Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Applied Finance mutual fund have on its future price. Applied Finance 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, Applied Finance autocorrelation shows the relationship between Applied Finance mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Applied Finance Select.
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 Applied Mutual Fund
Applied Finance financial ratios help investors to determine whether Applied 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 Applied with respect to the benefits of owning Applied Finance security.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |