Eic Value Fund Market Value
| EICVX Fund | USD 17.87 0.07 0.39% |
| Symbol | Eic |
Eic Value '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 Eic Value'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 Eic Value.
| 12/22/2024 |
| 03/22/2025 |
If you would invest 0.00 in Eic Value on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Eic Value Fund or generate 0.0% return on investment in Eic Value over 90 days. Eic Value is related to or competes with Ep Emerging, Victory Cemp, Siit Emerging, Franklin Emerging, Ab All, Aqr Equity, and Doubleline Emerging. The fund primarily invests in common stocks of U.S More
Eic Value 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 Eic Value'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 Eic Value Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7183 | |||
| Information Ratio | 0.2339 | |||
| Maximum Drawdown | 2.93 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 1.12 |
Eic Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eic Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eic Value's standard deviation. In reality, there are many statistical measures that can use Eic Value historical prices to predict the future Eic Value's volatility.| Risk Adjusted Performance | 0.1307 | |||
| Jensen Alpha | 0.0974 | |||
| Total Risk Alpha | 0.1459 | |||
| Sortino Ratio | 0.2241 | |||
| Treynor Ratio | 1.65 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eic Value'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.
Eic Value Fund Backtested Returns
At this stage we consider Eic Mutual Fund to be very steady. Eic Value Fund secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the fund had a 0.15 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Eic Value Fund, which you can use to evaluate the volatility of the entity. Please confirm Eic Value's Downside Deviation of 0.7183, semi deviation of 0.5499, and Mean Deviation of 0.5509 to check if the risk estimate we provide is consistent with the expected return of 0.1%. The fund shows a Beta (market volatility) of 0.0569, which means not very significant fluctuations relative to the market. As returns on the market increase, Eic Value's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eic Value is expected to be smaller as well.
Auto-correlation | 0.26 |
Poor predictability
Eic Value Fund has poor predictability. Overlapping area represents the amount of predictability between Eic Value time series from 22nd of December 2024 to 5th of February 2025 and 5th of February 2025 to 22nd 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 Eic Value Fund price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Eic Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Eic Value Fund lagged returns against current returns
Autocorrelation, which is Eic Value 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 Eic Value's mutual fund expected returns. We can calculate the autocorrelation of Eic Value returns to help us make a trade decision. For example, suppose you find that Eic Value 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 |
Eic Value 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 Eic Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eic Value mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eic Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Eic Value Lagged Returns
When evaluating Eic Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eic Value mutual fund have on its future price. Eic Value 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, Eic Value autocorrelation shows the relationship between Eic Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Eic Value Fund.
Regressed Prices |
| Timeline |
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Other Information on Investing in Eic Mutual Fund
Eic Value financial ratios help investors to determine whether Eic 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 Eic with respect to the benefits of owning Eic Value security.
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