The Diplomat Fund Market Value
| EMWIX Fund | USD 9.36 0.02 0.21% |
| Symbol | Diplomat |
Diplomat Fund '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 Diplomat Fund'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 Diplomat Fund.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in Diplomat Fund on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding The Diplomat or generate 0.0% return on investment in Diplomat Fund over 30 days. Diplomat Fund is related to or competes with Principal Lifetime, Madison Diversified, Fulcrum Diversified, and Lord Abbett. Under normal circumstances, the fund pursues its investment objective by investing primarily in debt securities of the U... More
Diplomat Fund 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 Diplomat Fund'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 The Diplomat upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 2.18 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 0.6459 |
Diplomat Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diplomat Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diplomat Fund's standard deviation. In reality, there are many statistical measures that can use Diplomat Fund historical prices to predict the future Diplomat Fund's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.86) |
Diplomat Fund Backtested Returns
Diplomat Fund secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the fund had a -0.17 % return per unit of standard deviation over the last 3 months. The Diplomat exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diplomat Fund's Mean Deviation of 0.323, risk adjusted performance of (0.16), and Coefficient Of Variation of (572.13) to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0989, which means not very significant fluctuations relative to the market. As returns on the market increase, Diplomat Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Diplomat Fund is expected to be smaller as well.
Auto-correlation | -0.27 |
Weak reverse predictability
The Diplomat has weak reverse predictability. Overlapping area represents the amount of predictability between Diplomat Fund time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th 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 Diplomat Fund price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Diplomat Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Diplomat Fund lagged returns against current returns
Autocorrelation, which is Diplomat Fund 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 Diplomat Fund's mutual fund expected returns. We can calculate the autocorrelation of Diplomat Fund returns to help us make a trade decision. For example, suppose you find that Diplomat Fund 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 |
Diplomat Fund 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 Diplomat Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diplomat Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diplomat Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Diplomat Fund Lagged Returns
When evaluating Diplomat Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diplomat Fund mutual fund have on its future price. Diplomat Fund 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, Diplomat Fund autocorrelation shows the relationship between Diplomat Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Diplomat.
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 Diplomat Mutual Fund
Diplomat Fund financial ratios help investors to determine whether Diplomat 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 Diplomat with respect to the benefits of owning Diplomat Fund security.
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