It Services Portfolio Fund Market Value
| FBSOX Fund | USD 59.58 1.10 1.88% |
| Symbol | FBSOX |
It Services '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 It Services' 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 It Services.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in It Services on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding It Services Portfolio or generate 0.0% return on investment in It Services over 90 days. It Services is related to or competes with Retailing Portfolio, Software And, Multimedia Portfolio, Chemicals Portfolio, and Leisure Portfolio. It normally invests at least 80 percent of assets in securities of companies principally engaged in providing informatio... More
It Services 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 It Services' 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 It Services Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.73 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 1.38 |
It Services Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for It Services' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as It Services' standard deviation. In reality, there are many statistical measures that can use It Services historical prices to predict the future It Services' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (1.80) |
It Services Portfolio Backtested Returns
It Services Portfolio retains Efficiency (Sharpe Ratio) of -0.13, which attests that the entity had a -0.13 % return per unit of price deviation over the last 3 months. It Services exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out It Services' Coefficient Of Variation of (744.06), information ratio of (0.08), and Market Risk Adjusted Performance of (1.79) to validate the risk estimate we provide. The fund owns a Beta (Systematic Risk) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, It Services' returns are expected to increase less than the market. However, during the bear market, the loss of holding It Services is expected to be smaller as well.
Auto-correlation | 0.05 |
Virtually no predictability
It Services Portfolio has virtually no predictability. Overlapping area represents the amount of predictability between It Services time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 It Services Portfolio price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current It Services price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 3.62 |
It Services Portfolio lagged returns against current returns
Autocorrelation, which is It Services 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 It Services' mutual fund expected returns. We can calculate the autocorrelation of It Services returns to help us make a trade decision. For example, suppose you find that It Services 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 |
It Services 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 It Services mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if It Services mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in It Services mutual fund over time.
Current vs Lagged Prices |
| Timeline |
It Services Lagged Returns
When evaluating It Services' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of It Services mutual fund have on its future price. It Services 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, It Services autocorrelation shows the relationship between It Services mutual fund current value and its past values and can show if there is a momentum factor associated with investing in It Services Portfolio.
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 FBSOX Mutual Fund
It Services financial ratios help investors to determine whether FBSOX 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 FBSOX with respect to the benefits of owning It Services security.
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