Free Market Fixed Fund Market Value
| FMFIX Fund | USD 9.90 0.02 0.20% |
| Symbol | Free |
Free Market '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 Free Market'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 Free Market.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Free Market on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Free Market Fixed or generate 0.0% return on investment in Free Market over 30 days. Free Market is related to or competes with Lord Abbett, Queens Road, Valic Company, Victory Rs, Fpa Queens, and Fidelity Small. The fund normally invests at least 80 percent of its net assets, including any borrowings for investment purposes, in sh... More
Free Market 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 Free Market'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 Free Market Fixed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1528 | |||
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 0.6086 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.2028 |
Free Market Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Free Market's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Free Market's standard deviation. In reality, there are many statistical measures that can use Free Market historical prices to predict the future Free Market's volatility.| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | (0.09) |
Free Market Fixed Backtested Returns
At this stage we consider Free Mutual Fund to be very steady. Free Market Fixed secures Sharpe Ratio (or Efficiency) of 0.0678, which denotes the fund had a 0.0678 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Free Market Fixed, which you can use to evaluate the volatility of the entity. Please confirm Free Market's Mean Deviation of 0.0952, coefficient of variation of 1474.74, and Downside Deviation of 0.1528 to check if the risk estimate we provide is consistent with the expected return of 0.0085%. The fund shows a Beta (market volatility) of 0.017, which means not very significant fluctuations relative to the market. As returns on the market increase, Free Market's returns are expected to increase less than the market. However, during the bear market, the loss of holding Free Market is expected to be smaller as well.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Free Market Fixed has insignificant reverse predictability. Overlapping area represents the amount of predictability between Free Market time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd 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 Free Market Fixed price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Free Market price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Free Market Fixed lagged returns against current returns
Autocorrelation, which is Free Market 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 Free Market's mutual fund expected returns. We can calculate the autocorrelation of Free Market returns to help us make a trade decision. For example, suppose you find that Free Market 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 |
Free Market 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 Free Market mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Free Market mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Free Market mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Free Market Lagged Returns
When evaluating Free Market's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Free Market mutual fund have on its future price. Free Market 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, Free Market autocorrelation shows the relationship between Free Market mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Free Market Fixed.
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 Free Mutual Fund
Free Market financial ratios help investors to determine whether Free 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 Free with respect to the benefits of owning Free Market security.
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