Consumer Staples Portfolio Fund Market Value
FIJCX Fund | USD 87.41 0.36 0.41% |
Symbol | Consumer |
Consumer Staples '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 Consumer Staples' 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 Consumer Staples.
01/19/2023 |
| 01/08/2025 |
If you would invest 0.00 in Consumer Staples on January 19, 2023 and sell it all today you would earn a total of 0.00 from holding Consumer Staples Portfolio or generate 0.0% return on investment in Consumer Staples over 720 days. Consumer Staples is related to or competes with Kellanova, Bunge, BJs Wholesale, Colgate Palmolive, Dollar General, Estee Lauder, and Franklin Covey. The fund invests at least 80 percent of assets in securities of companies principally engaged in the manufacture, sale, ... More
Consumer Staples 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 Consumer Staples' 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 Consumer Staples Portfolio upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.23) | |||
Maximum Drawdown | 6.88 | |||
Value At Risk | (1.48) | |||
Potential Upside | 0.8084 |
Consumer Staples Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Consumer Staples' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Consumer Staples' standard deviation. In reality, there are many statistical measures that can use Consumer Staples historical prices to predict the future Consumer Staples' volatility.Risk Adjusted Performance | (0.16) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | (2.23) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Consumer Staples' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Consumer Staples Por Backtested Returns
Consumer Staples Por secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the fund had a -0.19% return per unit of risk over the last 3 months. Consumer Staples Portfolio exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Consumer Staples' Risk Adjusted Performance of (0.16), standard deviation of 0.9539, and Mean Deviation of 0.6194 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0905, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Consumer Staples' returns are expected to increase less than the market. However, during the bear market, the loss of holding Consumer Staples is expected to be smaller as well.
Auto-correlation | -0.25 |
Weak reverse predictability
Consumer Staples Portfolio has weak reverse predictability. Overlapping area represents the amount of predictability between Consumer Staples time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th 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 Consumer Staples Por price movement. The serial correlation of -0.25 indicates that over 25.0% of current Consumer Staples price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.25 | |
Spearman Rank Test | 0.16 | |
Residual Average | 0.0 | |
Price Variance | 12.01 |
Consumer Staples Por lagged returns against current returns
Autocorrelation, which is Consumer Staples 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 Consumer Staples' mutual fund expected returns. We can calculate the autocorrelation of Consumer Staples returns to help us make a trade decision. For example, suppose you find that Consumer Staples 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 |
Consumer Staples 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 Consumer Staples mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Consumer Staples mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Consumer Staples mutual fund over time.
Current vs Lagged Prices |
Timeline |
Consumer Staples Lagged Returns
When evaluating Consumer Staples' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Consumer Staples mutual fund have on its future price. Consumer Staples 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, Consumer Staples autocorrelation shows the relationship between Consumer Staples mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Consumer Staples Portfolio.
Regressed Prices |
Timeline |
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Other Information on Investing in Consumer Mutual Fund
Consumer Staples financial ratios help investors to determine whether Consumer 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 Consumer with respect to the benefits of owning Consumer Staples security.
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