Enhanced Large Pany Fund Market Value
| DFELX Fund | USD 15.65 0.11 0.71% |
| Symbol | Enhanced |
Enhanced '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 Enhanced'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 Enhanced.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Enhanced on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Enhanced Large Pany or generate 0.0% return on investment in Enhanced over 30 days. Enhanced is related to or competes with Us Micro, Dfa Short-term, Emerging Markets, Dfa One-year, and Dfa Two-year. The fund seeks to outperform the SP 500 Index primarily through investment in SP 500 Index futures and short-term fixed ... More
Enhanced 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 Enhanced'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 Enhanced Large Pany upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9066 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.9 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.15 |
Enhanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enhanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enhanced's standard deviation. In reality, there are many statistical measures that can use Enhanced historical prices to predict the future Enhanced's volatility.| Risk Adjusted Performance | 0.1211 | |||
| Jensen Alpha | 0.0057 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1343 |
Enhanced Large Pany Backtested Returns
At this stage we consider Enhanced Mutual Fund to be very steady. Enhanced Large Pany secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Enhanced Large Pany, which you can use to evaluate the volatility of the entity. Please confirm Enhanced's Mean Deviation of 0.5595, downside deviation of 0.9066, and Coefficient Of Variation of 632.64 to check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of 0.85, which means possible diversification benefits within a given portfolio. As returns on the market increase, Enhanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Enhanced is expected to be smaller as well.
Auto-correlation | 0.85 |
Very good predictability
Enhanced Large Pany has very good predictability. Overlapping area represents the amount of predictability between Enhanced time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Enhanced Large Pany price movement. The serial correlation of 0.85 indicates that around 85.0% of current Enhanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Enhanced Large Pany lagged returns against current returns
Autocorrelation, which is Enhanced 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 Enhanced's mutual fund expected returns. We can calculate the autocorrelation of Enhanced returns to help us make a trade decision. For example, suppose you find that Enhanced 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 |
Enhanced 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 Enhanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enhanced mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enhanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Enhanced Lagged Returns
When evaluating Enhanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enhanced mutual fund have on its future price. Enhanced 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, Enhanced autocorrelation shows the relationship between Enhanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Enhanced Large Pany.
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 Enhanced Mutual Fund
Enhanced financial ratios help investors to determine whether Enhanced 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 Enhanced with respect to the benefits of owning Enhanced security.
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