Future Scholar 529 Fund Market Value
| CLGCX Fund | USD 11.36 0.03 0.26% |
| Symbol | Future |
Future Scholar '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 Future Scholar'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 Future Scholar.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Future Scholar on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Future Scholar 529 or generate 0.0% return on investment in Future Scholar over 30 days. Future Scholar is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Future Scholar is entity of United States More
Future Scholar 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 Future Scholar'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 Future Scholar 529 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.61) | |||
| Maximum Drawdown | 0.7863 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.2618 |
Future Scholar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Future Scholar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Future Scholar's standard deviation. In reality, there are many statistical measures that can use Future Scholar historical prices to predict the future Future Scholar's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (1.70) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Future Scholar'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.
Future Scholar 529 Backtested Returns
Future Scholar 529 secures Sharpe Ratio (or Efficiency) of -0.0968, which denotes the fund had a -0.0968% return per unit of risk over the last 3 months. Future Scholar 529 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Future Scholar's Standard Deviation of 0.155, variance of 0.024, and Mean Deviation of 0.1002 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0113, which means not very significant fluctuations relative to the market. As returns on the market increase, Future Scholar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Future Scholar is expected to be smaller as well.
Auto-correlation | -0.33 |
Poor reverse predictability
Future Scholar 529 has poor reverse predictability. Overlapping area represents the amount of predictability between Future Scholar time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 Future Scholar 529 price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Future Scholar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Future Scholar 529 lagged returns against current returns
Autocorrelation, which is Future Scholar 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 Future Scholar's mutual fund expected returns. We can calculate the autocorrelation of Future Scholar returns to help us make a trade decision. For example, suppose you find that Future Scholar 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 |
Future Scholar 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 Future Scholar mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Future Scholar mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Future Scholar mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Future Scholar Lagged Returns
When evaluating Future Scholar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Future Scholar mutual fund have on its future price. Future Scholar 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, Future Scholar autocorrelation shows the relationship between Future Scholar mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Future Scholar 529.
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 Future Mutual Fund
Future Scholar financial ratios help investors to determine whether Future 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 Future with respect to the benefits of owning Future Scholar security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
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