Intal High Relative Fund Market Value
| DIHRX Fund | USD 12.95 0.17 1.33% |
| Symbol | Intal |
Intal High '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 Intal High'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 Intal High.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Intal High on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Intal High Relative or generate 0.0% return on investment in Intal High over 30 days. Intal High is related to or competes with Dfa International, Dfa Inflation, Dfa International, Dfa International, Dfa Mn, Dfa Municipal, and Dfa Ny. Under normal circumstances, the portfolio will invest at least 80 percent of its net assets in securities of companies i... More
Intal High 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 Intal High'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 Intal High Relative upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 4.35 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.33 |
Intal High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intal High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intal High's standard deviation. In reality, there are many statistical measures that can use Intal High historical prices to predict the future Intal High's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.17) |
Intal High Relative Backtested Returns
Intal High Relative holds Efficiency (Sharpe) Ratio of -0.0648, which attests that the entity had a -0.0648% return per unit of risk over the last 3 months. Intal High Relative exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intal High's Standard Deviation of 0.8699, market risk adjusted performance of (0.16), and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Intal High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Intal High is expected to be smaller as well.
Auto-correlation | -0.84 |
Excellent reverse predictability
Intal High Relative has excellent reverse predictability. Overlapping area represents the amount of predictability between Intal High 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 Intal High Relative price movement. The serial correlation of -0.84 indicates that around 84.0% of current Intal High price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Intal High Relative lagged returns against current returns
Autocorrelation, which is Intal High 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 Intal High's mutual fund expected returns. We can calculate the autocorrelation of Intal High returns to help us make a trade decision. For example, suppose you find that Intal High 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 |
Intal High 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 Intal High mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intal High mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intal High mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Intal High Lagged Returns
When evaluating Intal High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intal High mutual fund have on its future price. Intal High 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, Intal High autocorrelation shows the relationship between Intal High mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Intal High Relative.
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 Intal Mutual Fund
Intal High financial ratios help investors to determine whether Intal 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 Intal with respect to the benefits of owning Intal High security.
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