Monteagle Enhanced Equity Fund Market Value
| EEIFX Fund | 10.06 0.10 1.00% |
| Symbol | Monteagle |
Monteagle 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 Monteagle 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 Monteagle Enhanced.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in Monteagle Enhanced on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Monteagle Enhanced Equity or generate 0.0% return on investment in Monteagle Enhanced over 30 days. Monteagle Enhanced is related to or competes with Monteagle Select, T Rowe, Fidelity 500, Vanguard 500, Locorr Market, and Oppenheimer Senior. Under normal market conditions, the fund will invest at least 80 percent of its net assets in equity securities More
Monteagle 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 Monteagle 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 Monteagle Enhanced Equity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 4.12 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 0.7519 |
Monteagle Enhanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monteagle Enhanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monteagle Enhanced's standard deviation. In reality, there are many statistical measures that can use Monteagle Enhanced historical prices to predict the future Monteagle Enhanced's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.53) |
Monteagle Enhanced Equity Backtested Returns
Monteagle Enhanced Equity has Sharpe Ratio of -0.0957, which conveys that the entity had a -0.0957% return per unit of risk over the last 3 months. Monteagle Enhanced exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Monteagle Enhanced's Standard Deviation of 0.7062, mean deviation of 0.465, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Monteagle Enhanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Monteagle Enhanced is expected to be smaller as well.
Auto-correlation | 0.46 |
Average predictability
Monteagle Enhanced Equity has average predictability. Overlapping area represents the amount of predictability between Monteagle Enhanced time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th 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 Monteagle Enhanced Equity price movement. The serial correlation of 0.46 indicates that about 46.0% of current Monteagle Enhanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Monteagle Enhanced Equity lagged returns against current returns
Autocorrelation, which is Monteagle 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 Monteagle Enhanced's mutual fund expected returns. We can calculate the autocorrelation of Monteagle Enhanced returns to help us make a trade decision. For example, suppose you find that Monteagle 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 |
Monteagle 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 Monteagle Enhanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monteagle 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 Monteagle Enhanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Monteagle Enhanced Lagged Returns
When evaluating Monteagle Enhanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monteagle Enhanced mutual fund have on its future price. Monteagle 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, Monteagle Enhanced autocorrelation shows the relationship between Monteagle Enhanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Monteagle Enhanced Equity.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Monteagle Mutual Fund
Monteagle Enhanced financial ratios help investors to determine whether Monteagle 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 Monteagle with respect to the benefits of owning Monteagle Enhanced security.
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