Core Bond Series Fund Market Value
| EXCRX Fund | USD 9.24 0.02 0.22% |
| Symbol | Core |
Core 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 Core 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 Core Bond.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Core Bond on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Core Bond Series or generate 0.0% return on investment in Core Bond over 90 days. Core Bond is related to or competes with Unconstrained Bond, Pro-blend(r) Moderate, High Yield, Overseas Series, and Pro-blend(r) Maximum. The Series will invest, under normal circumstances, at least 80 percent of its net assets in investment grade bonds and ... More
Core 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 Core 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 Core Bond Series upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3067 | |||
| Information Ratio | 0.3788 | |||
| Maximum Drawdown | 1.44 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.5525 |
Core Bond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Core Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Core Bond's standard deviation. In reality, there are many statistical measures that can use Core Bond historical prices to predict the future Core Bond's volatility.| Risk Adjusted Performance | 0.0425 | |||
| Jensen Alpha | 0.0237 | |||
| Total Risk Alpha | 0.0519 | |||
| Sortino Ratio | 0.3944 | |||
| Treynor Ratio | 0.1105 |
Core Bond Series Backtested Returns
At this stage we consider Core Mutual Fund to be very steady. Core Bond Series secures Sharpe Ratio (or Efficiency) of 0.0687, which signifies that the fund had a 0.0687 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Core Bond Series, which you can use to evaluate the volatility of the entity. Please confirm Core Bond's Risk Adjusted Performance of 0.0425, mean deviation of 0.2491, and Downside Deviation of 0.3067 to double-check if the risk estimate we provide is consistent with the expected return of 0.0219%. The fund shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Core Bond's returns are expected to increase less than the market. However, during the bear market, the loss of holding Core Bond is expected to be smaller as well.
Auto-correlation | -0.05 |
Very weak reverse predictability
Core Bond Series has very weak reverse predictability. Overlapping area represents the amount of predictability between Core Bond 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 Core Bond Series price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Core Bond price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Core Bond Series lagged returns against current returns
Autocorrelation, which is Core 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 Core Bond's mutual fund expected returns. We can calculate the autocorrelation of Core Bond returns to help us make a trade decision. For example, suppose you find that Core 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 |
Core 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 Core Bond mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Core 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 Core Bond mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Core Bond Lagged Returns
When evaluating Core Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Core Bond mutual fund have on its future price. Core 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, Core Bond autocorrelation shows the relationship between Core Bond mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Core 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 Core Mutual Fund
Core Bond financial ratios help investors to determine whether Core 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 Core with respect to the benefits of owning Core Bond security.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |