First Investors Opportunity Fund Market Value
| FIVUX Fund | USD 34.05 0.39 1.16% |
| Symbol | First |
First Investors '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 First Investors' 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 First Investors.
| 01/02/2025 |
| 03/03/2025 |
If you would invest 0.00 in First Investors on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding First Investors Opportunity or generate 0.0% return on investment in First Investors over 60 days. First Investors is related to or competes with Aqr Diversified, Massmutual Premier, Massmutual Premier, Prudential Core, Global Diversified, Blackrock Conservative, and Delaware Limited-term. The fund invests primarily in mid-size companies that the Manager believes offer attractive valuation and quality charac... More
First Investors 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 First Investors' 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 First Investors Opportunity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 10.08 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.38 |
First Investors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Investors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Investors' standard deviation. In reality, there are many statistical measures that can use First Investors historical prices to predict the future First Investors' volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Investors' 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.
First Investors Oppo Backtested Returns
First Investors Oppo secures Sharpe Ratio (or Efficiency) of -0.18, which denotes the fund had a -0.18 % return per unit of risk over the last 3 months. First Investors Opportunity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Investors' Standard Deviation of 1.54, variance of 2.37, and Mean Deviation of 0.8021 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.59, which means possible diversification benefits within a given portfolio. As returns on the market increase, First Investors' returns are expected to increase less than the market. However, during the bear market, the loss of holding First Investors is expected to be smaller as well.
Auto-correlation | -0.68 |
Very good reverse predictability
First Investors Opportunity has very good reverse predictability. Overlapping area represents the amount of predictability between First Investors time series from 2nd of January 2025 to 1st of February 2025 and 1st of February 2025 to 3rd 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 First Investors Oppo price movement. The serial correlation of -0.68 indicates that around 68.0% of current First Investors price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
First Investors Oppo lagged returns against current returns
Autocorrelation, which is First Investors 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 First Investors' mutual fund expected returns. We can calculate the autocorrelation of First Investors returns to help us make a trade decision. For example, suppose you find that First Investors 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 |
First Investors 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 First Investors mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Investors mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Investors mutual fund over time.
Current vs Lagged Prices |
| Timeline |
First Investors Lagged Returns
When evaluating First Investors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Investors mutual fund have on its future price. First Investors 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, First Investors autocorrelation shows the relationship between First Investors mutual fund current value and its past values and can show if there is a momentum factor associated with investing in First Investors Opportunity.
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 First Mutual Fund
First Investors financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Investors security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |