Eip Growth And Fund Market Value
| EIPIX Fund | USD 19.94 0.08 0.40% |
| Symbol | Eip |
Eip Growth '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 Eip Growth'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 Eip Growth.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Eip Growth on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Eip Growth And or generate 0.0% return on investment in Eip Growth over 30 days. Eip Growth is related to or competes with Columbia Seligman, Jpmorgan Large, Virtus Select, and Oil Gas. Under normal market conditions, the fund pursues its objectives by investing primarily in a diversified portfolio of equ... More
Eip Growth 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 Eip Growth'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 Eip Growth And upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.729 | |||
| Information Ratio | 0.1019 | |||
| Maximum Drawdown | 2.96 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 1.26 |
Eip Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eip Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eip Growth's standard deviation. In reality, there are many statistical measures that can use Eip Growth historical prices to predict the future Eip Growth's volatility.| Risk Adjusted Performance | 0.2078 | |||
| Jensen Alpha | 0.1398 | |||
| Total Risk Alpha | 0.0794 | |||
| Sortino Ratio | 0.1033 | |||
| Treynor Ratio | 0.4326 |
Eip Growth And Backtested Returns
Eip Growth appears to be very steady, given 3 months investment horizon. Eip Growth And secures Sharpe Ratio (or Efficiency) of 0.29, which denotes the fund had a 0.29% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eip Growth And, which you can use to evaluate the volatility of the entity. Please utilize Eip Growth's Downside Deviation of 0.729, mean deviation of 0.5727, and Coefficient Of Variation of 368.12 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, Eip Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eip Growth is expected to be smaller as well.
Auto-correlation | 0.86 |
Very good predictability
Eip Growth And has very good predictability. Overlapping area represents the amount of predictability between Eip Growth time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Eip Growth And price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Eip Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Eip Growth And lagged returns against current returns
Autocorrelation, which is Eip Growth 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 Eip Growth's mutual fund expected returns. We can calculate the autocorrelation of Eip Growth returns to help us make a trade decision. For example, suppose you find that Eip Growth 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 |
Eip Growth 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 Eip Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eip Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eip Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Eip Growth Lagged Returns
When evaluating Eip Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eip Growth mutual fund have on its future price. Eip Growth 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, Eip Growth autocorrelation shows the relationship between Eip Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Eip Growth And.
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 Eip Mutual Fund
Eip Growth financial ratios help investors to determine whether Eip 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 Eip with respect to the benefits of owning Eip Growth security.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |