Mai Managed Volatility Fund Market Value
| DIVPX Fund | USD 16.08 0.07 0.43% |
| Symbol | Mai |
Mai Managed '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 Mai Managed'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 Mai Managed.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Mai Managed on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Mai Managed Volatility or generate 0.0% return on investment in Mai Managed over 180 days. Mai Managed is related to or competes with Mai Managed, Vanguard Growth, Dunham Focused, Angel Oak, Jpmorgan Hedged, Amg Timessquare, and Hartford Growth. The fund will seek to achieve its investment objective principally by investing in a diversified portfolio of equity sec... More
Mai Managed 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 Mai Managed'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 Mai Managed Volatility upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2848 | |||
| Information Ratio | 0.0135 | |||
| Maximum Drawdown | 1.75 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.3731 |
Mai Managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mai Managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mai Managed's standard deviation. In reality, there are many statistical measures that can use Mai Managed historical prices to predict the future Mai Managed's volatility.| Risk Adjusted Performance | 0.095 | |||
| Jensen Alpha | 0.0258 | |||
| Total Risk Alpha | 0.0188 | |||
| Sortino Ratio | 0.0113 | |||
| Treynor Ratio | (1.39) |
Mai Managed Volatility Backtested Returns
At this stage we consider Mai Mutual Fund to be very steady. Mai Managed Volatility has Sharpe Ratio of 0.11, which conveys that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mai Managed, which you can use to evaluate the volatility of the fund. Please verify Mai Managed's Downside Deviation of 0.2848, risk adjusted performance of 0.095, and Mean Deviation of 0.1623 to check out if the risk estimate we provide is consistent with the expected return of 0.0262%. The fund secures a Beta (Market Risk) of -0.0183, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mai Managed are expected to decrease at a much lower rate. During the bear market, Mai Managed is likely to outperform the market.
Auto-correlation | 0.77 |
Good predictability
Mai Managed Volatility has good predictability. Overlapping area represents the amount of predictability between Mai Managed time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Mai Managed Volatility price movement. The serial correlation of 0.77 indicates that around 77.0% of current Mai Managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Mai Managed Volatility lagged returns against current returns
Autocorrelation, which is Mai Managed 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 Mai Managed's mutual fund expected returns. We can calculate the autocorrelation of Mai Managed returns to help us make a trade decision. For example, suppose you find that Mai Managed 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 |
Mai Managed 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 Mai Managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mai Managed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mai Managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Mai Managed Lagged Returns
When evaluating Mai Managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mai Managed mutual fund have on its future price. Mai Managed 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, Mai Managed autocorrelation shows the relationship between Mai Managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Mai Managed Volatility.
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 Mai Mutual Fund
Mai Managed financial ratios help investors to determine whether Mai 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 Mai with respect to the benefits of owning Mai Managed security.
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