Unconstrained Bond Series Fund Market Value
| EXCPX Fund | USD 9.90 0.01 0.10% |
| Symbol | Unconstrained |
Unconstrained Bond '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 Unconstrained Bond'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 Unconstrained Bond.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Unconstrained Bond on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Unconstrained Bond Series or generate 0.0% return on investment in Unconstrained Bond over 720 days. Unconstrained Bond is related to or competes with Pro-blend(r) Conservative, Tcw Emerging, Pro-blend(r) Moderate, Pro-blend(r) Maximum, and High Yield. The fund will invest, under normal circumstances, at least 80 percent of its assets in bonds and other financial instrum... More
Unconstrained Bond 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 Unconstrained Bond'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 Unconstrained Bond Series upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1854 | |||
| Information Ratio | (0.79) | |||
| Maximum Drawdown | 0.8043 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.2022 |
Unconstrained Bond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unconstrained Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unconstrained Bond's standard deviation. In reality, there are many statistical measures that can use Unconstrained Bond historical prices to predict the future Unconstrained Bond's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.60) | |||
| Treynor Ratio | 0.6341 |
Unconstrained Bond Series Backtested Returns
Unconstrained Bond Series owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0335, which indicates the fund had a -0.0335% return per unit of risk over the last 3 months. Unconstrained Bond Series exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Unconstrained Bond's Coefficient Of Variation of 8701.97, risk adjusted performance of (0.04), and Semi Deviation of 0.1182 to confirm the risk estimate we provide. The entity has a beta of -0.0132, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Unconstrained Bond are expected to decrease at a much lower rate. During the bear market, Unconstrained Bond is likely to outperform the market.
Auto-correlation | 0.46 |
Average predictability
Unconstrained Bond Series has average predictability. Overlapping area represents the amount of predictability between Unconstrained Bond time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th of December 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 Unconstrained Bond Series price movement. The serial correlation of 0.46 indicates that about 46.0% of current Unconstrained Bond price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Unconstrained Bond Series lagged returns against current returns
Autocorrelation, which is Unconstrained Bond 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 Unconstrained Bond's mutual fund expected returns. We can calculate the autocorrelation of Unconstrained Bond returns to help us make a trade decision. For example, suppose you find that Unconstrained Bond 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 |
Unconstrained Bond 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 Unconstrained Bond mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unconstrained Bond mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unconstrained Bond mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Unconstrained Bond Lagged Returns
When evaluating Unconstrained Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unconstrained Bond mutual fund have on its future price. Unconstrained Bond 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, Unconstrained Bond autocorrelation shows the relationship between Unconstrained Bond mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Unconstrained Bond Series.
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 Unconstrained Mutual Fund
Unconstrained Bond financial ratios help investors to determine whether Unconstrained 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 Unconstrained with respect to the benefits of owning Unconstrained Bond security.
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