Income Fund Institutional Fund Market Value
| FOINX Fund | USD 9.21 0.02 0.22% |
| Symbol | INCOME |
Income Fund '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 Income Fund'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 Income Fund.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Income Fund on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Income Fund Institutional or generate 0.0% return on investment in Income Fund over 540 days. Income Fund is related to or competes with Goldman Sachs, Inverse Government, Us Government, Aig Government, and Franklin Adjustable. Under normal market conditions, the Advisor intends to invest primarily all, but must invest at least 80, of its net ass... More
Income Fund 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 Income Fund'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 Income Fund Institutional upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.45) | |||
| Maximum Drawdown | 1.31 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.4381 |
Income Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Income Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Income Fund's standard deviation. In reality, there are many statistical measures that can use Income Fund historical prices to predict the future Income Fund's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.4008 |
Income Fund Institutional Backtested Returns
Income Fund Institutional holds Efficiency (Sharpe) Ratio of -0.0588, which attests that the entity had a -0.0588% return per unit of risk over the last 3 months. Income Fund Institutional exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Income Fund's Standard Deviation of 0.3133, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of 0.4108 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0605, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Income Fund are expected to decrease at a much lower rate. During the bear market, Income Fund is likely to outperform the market.
Auto-correlation | 0.46 |
Average predictability
Income Fund Institutional has average predictability. Overlapping area represents the amount of predictability between Income Fund time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Income Fund Institutional price movement. The serial correlation of 0.46 indicates that about 46.0% of current Income Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Income Fund Institutional lagged returns against current returns
Autocorrelation, which is Income Fund 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 Income Fund's mutual fund expected returns. We can calculate the autocorrelation of Income Fund returns to help us make a trade decision. For example, suppose you find that Income Fund 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 |
Income Fund 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 Income Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Income Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Income Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Income Fund Lagged Returns
When evaluating Income Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Income Fund mutual fund have on its future price. Income Fund 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, Income Fund autocorrelation shows the relationship between Income Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Income Fund Institutional.
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 INCOME Mutual Fund
Income Fund financial ratios help investors to determine whether INCOME 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 INCOME with respect to the benefits of owning Income Fund security.
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