Buffalo Flexible Income Fund Market Value
| BUFBX Fund | USD 21.79 0.04 0.18% |
| Symbol | Buffalo |
Buffalo Flexible '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 Buffalo Flexible'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 Buffalo Flexible.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Buffalo Flexible on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Buffalo Flexible Income or generate 0.0% return on investment in Buffalo Flexible over 30 days. Buffalo Flexible is related to or competes with Villere Balanced, Buffalo High, Buffalo Growth, James Balanced, and Buffalo Mid. The fund invests in both debt and equity securities More
Buffalo Flexible 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 Buffalo Flexible'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 Buffalo Flexible Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4993 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 2.21 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 0.878 |
Buffalo Flexible Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Buffalo Flexible's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Buffalo Flexible's standard deviation. In reality, there are many statistical measures that can use Buffalo Flexible historical prices to predict the future Buffalo Flexible's volatility.| Risk Adjusted Performance | 0.0264 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.0213 |
Buffalo Flexible Income Backtested Returns
At this stage we consider Buffalo Mutual Fund to be very steady. Buffalo Flexible Income secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the fund had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Buffalo Flexible Income, which you can use to evaluate the volatility of the entity. Please confirm Buffalo Flexible's risk adjusted performance of 0.0264, and Mean Deviation of 0.4048 to double-check if the risk estimate we provide is consistent with the expected return of 0.0522%. The fund shows a Beta (market volatility) of 0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Buffalo Flexible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Buffalo Flexible is expected to be smaller as well.
Auto-correlation | 0.72 |
Good predictability
Buffalo Flexible Income has good predictability. Overlapping area represents the amount of predictability between Buffalo Flexible time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Buffalo Flexible Income price movement. The serial correlation of 0.72 indicates that around 72.0% of current Buffalo Flexible price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Buffalo Flexible Income lagged returns against current returns
Autocorrelation, which is Buffalo Flexible 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 Buffalo Flexible's mutual fund expected returns. We can calculate the autocorrelation of Buffalo Flexible returns to help us make a trade decision. For example, suppose you find that Buffalo Flexible 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 |
Buffalo Flexible 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 Buffalo Flexible mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Buffalo Flexible mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Buffalo Flexible mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Buffalo Flexible Lagged Returns
When evaluating Buffalo Flexible's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Buffalo Flexible mutual fund have on its future price. Buffalo Flexible 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, Buffalo Flexible autocorrelation shows the relationship between Buffalo Flexible mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Buffalo Flexible Income.
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 Buffalo Mutual Fund
Buffalo Flexible financial ratios help investors to determine whether Buffalo 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 Buffalo with respect to the benefits of owning Buffalo Flexible security.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |