Dana Epiphany Esg Fund Market Value
| ESGIX Fund | USD 14.32 0.33 2.25% |
| Symbol | Dana |
Dana Epiphany '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 Dana Epiphany'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 Dana Epiphany.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Dana Epiphany on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Dana Epiphany Esg or generate 0.0% return on investment in Dana Epiphany over 90 days. Dana Epiphany is related to or competes with Shelton Emerging, Pnc Emerging, Transamerica Emerging, Investec Emerging, Ab All, Aqr Long-short, and Barings Emerging. The fund seeks to achieve its investment objective through investment in publicly traded equity securities using a disci... More
Dana Epiphany 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 Dana Epiphany'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 Dana Epiphany Esg upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 4.5 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 1.22 |
Dana Epiphany Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dana Epiphany's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dana Epiphany's standard deviation. In reality, there are many statistical measures that can use Dana Epiphany historical prices to predict the future Dana Epiphany's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 1.0 |
Dana Epiphany Esg Backtested Returns
Dana Epiphany Esg secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the fund had a -0.16 % return per unit of risk over the last 3 months. Dana Epiphany Esg exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dana Epiphany's Variance of 1.11, standard deviation of 1.06, and Mean Deviation of 0.8341 to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dana Epiphany are expected to decrease at a much lower rate. During the bear market, Dana Epiphany is likely to outperform the market.
Auto-correlation | -0.4 |
Poor reverse predictability
Dana Epiphany Esg has poor reverse predictability. Overlapping area represents the amount of predictability between Dana Epiphany time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Dana Epiphany Esg price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Dana Epiphany price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Dana Epiphany Esg lagged returns against current returns
Autocorrelation, which is Dana Epiphany 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 Dana Epiphany's mutual fund expected returns. We can calculate the autocorrelation of Dana Epiphany returns to help us make a trade decision. For example, suppose you find that Dana Epiphany 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 |
Dana Epiphany 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 Dana Epiphany mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dana Epiphany mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dana Epiphany mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dana Epiphany Lagged Returns
When evaluating Dana Epiphany's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dana Epiphany mutual fund have on its future price. Dana Epiphany 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, Dana Epiphany autocorrelation shows the relationship between Dana Epiphany mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dana Epiphany Esg.
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 Dana Mutual Fund
Dana Epiphany financial ratios help investors to determine whether Dana 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 Dana with respect to the benefits of owning Dana Epiphany security.
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