Dearborn Partners Rising Fund Market Value
| DRDCX Fund | USD 25.00 0.09 0.36% |
| Symbol | Dearborn |
Dearborn Partners '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 Dearborn Partners' 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 Dearborn Partners.
| 02/01/2023 |
| 01/21/2025 |
If you would invest 0.00 in Dearborn Partners on February 1, 2023 and sell it all today you would earn a total of 0.00 from holding Dearborn Partners Rising or generate 0.0% return on investment in Dearborn Partners over 720 days. Dearborn Partners is related to or competes with Artisan High, Virtus High, Lord Abbett, Guggenheim High, Multi-manager High, Buffalo High, and Transamerica High. The fund invests at least 80 percent of its net assets in the equity securities of companies that pay current dividends ... More
Dearborn Partners 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 Dearborn Partners' 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 Dearborn Partners Rising upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 0.9308 |
Dearborn Partners Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dearborn Partners' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dearborn Partners' standard deviation. In reality, there are many statistical measures that can use Dearborn Partners historical prices to predict the future Dearborn Partners' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.31) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dearborn Partners' 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.
Dearborn Partners Rising Backtested Returns
Dearborn Partners Rising secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the fund had a -0.1 % return per unit of standard deviation over the last 3 months. Dearborn Partners Rising exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dearborn Partners' Coefficient Of Variation of (871.90), mean deviation of 0.5387, and Standard Deviation of 0.8564 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.35, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dearborn Partners' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dearborn Partners is expected to be smaller as well.
Auto-correlation | 0.24 |
Weak predictability
Dearborn Partners Rising has weak predictability. Overlapping area represents the amount of predictability between Dearborn Partners time series from 1st of February 2023 to 27th of January 2024 and 27th of January 2024 to 21st of January 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 Dearborn Partners Rising price movement. The serial correlation of 0.24 indicates that over 24.0% of current Dearborn Partners price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 1.46 |
Dearborn Partners Rising lagged returns against current returns
Autocorrelation, which is Dearborn Partners 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 Dearborn Partners' mutual fund expected returns. We can calculate the autocorrelation of Dearborn Partners returns to help us make a trade decision. For example, suppose you find that Dearborn Partners 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 |
Dearborn Partners 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 Dearborn Partners mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dearborn Partners mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dearborn Partners mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dearborn Partners Lagged Returns
When evaluating Dearborn Partners' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dearborn Partners mutual fund have on its future price. Dearborn Partners 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, Dearborn Partners autocorrelation shows the relationship between Dearborn Partners mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dearborn Partners Rising.
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 Dearborn Mutual Fund
Dearborn Partners financial ratios help investors to determine whether Dearborn 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 Dearborn with respect to the benefits of owning Dearborn Partners security.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |