Japanese Small Pany Fund Market Value
| DFJSX Fund | USD 23.78 0.20 0.85% |
| Symbol | Japanese |
Japanese Small '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 Japanese Small'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 Japanese Small.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Japanese Small on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Japanese Small Pany or generate 0.0% return on investment in Japanese Small over 90 days. Japanese Small is related to or competes with Fidelity Advisor, John Hancock, Financial Services, 1919 Financial, Vanguard Financials, Mesirow Financial, and Prudential Financial. The Portfolio is a Feeder Portfolio and pursues its objective by investing substantially all of its assets in its corres... More
Japanese Small 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 Japanese Small'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 Japanese Small Pany upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7132 | |||
| Information Ratio | 0.1975 | |||
| Maximum Drawdown | 3.03 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.42 |
Japanese Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Japanese Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Japanese Small's standard deviation. In reality, there are many statistical measures that can use Japanese Small historical prices to predict the future Japanese Small's volatility.| Risk Adjusted Performance | 0.0573 | |||
| Jensen Alpha | 0.0872 | |||
| Total Risk Alpha | 0.1368 | |||
| Sortino Ratio | 0.211 | |||
| Treynor Ratio | 0.0987 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Japanese Small'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.
Japanese Small Pany Backtested Returns
At this stage we consider Japanese Mutual Fund to be very steady. Japanese Small Pany holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Japanese Small Pany, which you can use to evaluate the volatility of the entity. Please check out Japanese Small's Market Risk Adjusted Performance of 0.1087, risk adjusted performance of 0.0573, and Downside Deviation of 0.7132 to validate if the risk estimate we provide is consistent with the expected return of 0.0959%. The fund retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Japanese Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Japanese Small is expected to be smaller as well.
Auto-correlation | 0.44 |
Average predictability
Japanese Small Pany has average predictability. Overlapping area represents the amount of predictability between Japanese Small time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Japanese Small Pany price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Japanese Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Japanese Small Pany lagged returns against current returns
Autocorrelation, which is Japanese Small 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 Japanese Small's mutual fund expected returns. We can calculate the autocorrelation of Japanese Small returns to help us make a trade decision. For example, suppose you find that Japanese Small 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 |
Japanese Small 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 Japanese Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Japanese Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Japanese Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Japanese Small Lagged Returns
When evaluating Japanese Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Japanese Small mutual fund have on its future price. Japanese Small 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, Japanese Small autocorrelation shows the relationship between Japanese Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Japanese Small 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 Japanese Mutual Fund
Japanese Small financial ratios help investors to determine whether Japanese 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 Japanese with respect to the benefits of owning Japanese Small security.
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