Forum Funds Fund Market Value
| FLXIX Fund | USD 10.34 0.02 0.19% |
| Symbol | Forum |
Forum Funds '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 Forum Funds' 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 Forum Funds.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Forum Funds on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Forum Funds or generate 0.0% return on investment in Forum Funds over 60 days. Forum Funds is related to or competes with Needham Aggressive, Barings High, Rbc Bluebay, Lgm Risk, Artisan High, and Transamerica High. The fund invests primarily in a diversified portfolio of convertible securities issued by both U.S More
Forum Funds 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 Forum Funds' 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 Forum Funds upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 2.38 | |||
| Value At Risk | (0.19) | |||
| Potential Upside | 0.1921 |
Forum Funds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forum Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Forum Funds' standard deviation. In reality, there are many statistical measures that can use Forum Funds historical prices to predict the future Forum Funds' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.47) |
Forum Funds Backtested Returns
Forum Funds secures Sharpe Ratio (or Efficiency) of -0.0395, which denotes the fund had a -0.0395% return per unit of risk over the last 3 months. Forum Funds exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Forum Funds' Mean Deviation of 0.1413, standard deviation of 0.2924, and Variance of 0.0855 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0422, which means not very significant fluctuations relative to the market. As returns on the market increase, Forum Funds' returns are expected to increase less than the market. However, during the bear market, the loss of holding Forum Funds is expected to be smaller as well.
Auto-correlation | -0.67 |
Very good reverse predictability
Forum Funds has very good reverse predictability. Overlapping area represents the amount of predictability between Forum Funds time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Forum Funds price movement. The serial correlation of -0.67 indicates that around 67.0% of current Forum Funds price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Forum Funds lagged returns against current returns
Autocorrelation, which is Forum Funds 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 Forum Funds' mutual fund expected returns. We can calculate the autocorrelation of Forum Funds returns to help us make a trade decision. For example, suppose you find that Forum Funds 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 |
Forum Funds 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 Forum Funds mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Forum Funds mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Forum Funds mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Forum Funds Lagged Returns
When evaluating Forum Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Forum Funds mutual fund have on its future price. Forum Funds 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, Forum Funds autocorrelation shows the relationship between Forum Funds mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Forum Funds .
Regressed Prices |
| Timeline |
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Other Information on Investing in Forum Mutual Fund
Forum Funds financial ratios help investors to determine whether Forum 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 Forum with respect to the benefits of owning Forum Funds security.
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