Buffalo Large Cap Fund Market Value
| BUFEX Fund | USD 56.08 0.37 0.66% |
| Symbol | Buffalo |
Buffalo Large '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 Large'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 Large.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Buffalo Large on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Buffalo Large Cap or generate 0.0% return on investment in Buffalo Large over 90 days. Buffalo Large is related to or competes with Buffalo Growth, Buffalo Mid, Buffalo High, Buffalo Flexible, and Buffalo Emerging. The fund normally invests at least 80 percent of its net assets in equity securities, consisting of common stocks, prefe... More
Buffalo Large 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 Large'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 Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.67 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.54 |
Buffalo Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Buffalo Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Buffalo Large's standard deviation. In reality, there are many statistical measures that can use Buffalo Large historical prices to predict the future Buffalo Large's volatility.| Risk Adjusted Performance | 0.0922 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1236 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Buffalo Large's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Buffalo Large Cap Backtested Returns
At this stage we consider Buffalo Mutual Fund to be very steady. Buffalo Large Cap secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Buffalo Large Cap, which you can use to evaluate the volatility of the entity. Please confirm Buffalo Large's mean deviation of 0.6577, and Risk Adjusted Performance of 0.0922 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Buffalo Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Buffalo Large is expected to be smaller as well.
Auto-correlation | 0.64 |
Good predictability
Buffalo Large Cap has good predictability. Overlapping area represents the amount of predictability between Buffalo Large time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 Large Cap price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Buffalo Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.73 |
Buffalo Large Cap lagged returns against current returns
Autocorrelation, which is Buffalo Large 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 Large's mutual fund expected returns. We can calculate the autocorrelation of Buffalo Large returns to help us make a trade decision. For example, suppose you find that Buffalo Large 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 Large 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 Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Buffalo Large 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 Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Buffalo Large Lagged Returns
When evaluating Buffalo Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Buffalo Large mutual fund have on its future price. Buffalo Large 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 Large autocorrelation shows the relationship between Buffalo Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Buffalo Large Cap.
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 Large 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 Large security.
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