Arga Value Institutional Fund Market Value
| ARUIX Fund | USD 10.74 0.06 0.56% |
| Symbol | Arga |
Please note, there is a significant difference between Arga Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arga Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arga Value's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Arga Value '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 Arga Value'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 Arga Value.
| 12/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in Arga Value on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding Arga Value Institutional or generate 0.0% return on investment in Arga Value over 30 days. Arga Value is related to or competes with Abr Enhanced, Chartwell Short, Transamerica Short-term, Touchstone Ultra, Leader Short-term, Lord Abbett, and Ultra-short Fixed. More
Arga Value 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 Arga Value'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 Arga Value Institutional upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 12.34 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.58 |
Arga Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arga Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arga Value's standard deviation. In reality, there are many statistical measures that can use Arga Value historical prices to predict the future Arga Value's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.13) |
Arga Value Institutional Backtested Returns
Arga Value Institutional secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the fund had a -0.1% return per unit of standard deviation over the last 3 months. Arga Value Institutional exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arga Value's risk adjusted performance of (0.08), and Mean Deviation of 0.788 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.23, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Arga Value will likely underperform.
Auto-correlation | 0.35 |
Below average predictability
Arga Value Institutional has below average predictability. Overlapping area represents the amount of predictability between Arga Value time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th 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 Arga Value Institutional price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Arga Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Arga Value Institutional lagged returns against current returns
Autocorrelation, which is Arga Value 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 Arga Value's mutual fund expected returns. We can calculate the autocorrelation of Arga Value returns to help us make a trade decision. For example, suppose you find that Arga Value 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 |
Arga Value 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 Arga Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arga Value mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arga Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Arga Value Lagged Returns
When evaluating Arga Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arga Value mutual fund have on its future price. Arga Value 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, Arga Value autocorrelation shows the relationship between Arga Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Arga Value Institutional.
Regressed Prices |
| Timeline |
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Other Information on Investing in Arga Mutual Fund
Arga Value financial ratios help investors to determine whether Arga 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 Arga with respect to the benefits of owning Arga Value security.
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