Banking Portfolio Banking Fund Market Value
| FSRBX Fund | USD 29.34 0.82 2.88% |
| Symbol | Banking |
Banking Portfolio '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 Banking Portfolio'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 Banking Portfolio.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Banking Portfolio on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Banking Portfolio Banking or generate 0.0% return on investment in Banking Portfolio over 90 days. Banking Portfolio is related to or competes with Consumer Finance, Financial Services, Insurance Portfolio, Brokerage, and Automotive Portfolio. The fund invests primarily in common stocks More
Banking Portfolio 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 Banking Portfolio'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 Banking Portfolio Banking upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.47 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 1.63 |
Banking Portfolio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banking Portfolio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banking Portfolio's standard deviation. In reality, there are many statistical measures that can use Banking Portfolio historical prices to predict the future Banking Portfolio's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.21) |
Banking Portfolio Banking Backtested Returns
Banking Portfolio Banking secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the fund had a -0.14 % return per unit of risk over the last 3 months. Banking Portfolio Banking exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banking Portfolio's Standard Deviation of 1.5, risk adjusted performance of (0.13), and Mean Deviation of 1.12 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.15, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Banking Portfolio will likely underperform.
Auto-correlation | -0.61 |
Very good reverse predictability
Banking Portfolio Banking has very good reverse predictability. Overlapping area represents the amount of predictability between Banking Portfolio time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Banking Portfolio Banking price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Banking Portfolio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 2.66 |
Banking Portfolio Banking lagged returns against current returns
Autocorrelation, which is Banking Portfolio 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 Banking Portfolio's mutual fund expected returns. We can calculate the autocorrelation of Banking Portfolio returns to help us make a trade decision. For example, suppose you find that Banking Portfolio 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 |
Banking Portfolio 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 Banking Portfolio mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banking Portfolio mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banking Portfolio mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Banking Portfolio Lagged Returns
When evaluating Banking Portfolio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banking Portfolio mutual fund have on its future price. Banking Portfolio 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, Banking Portfolio autocorrelation shows the relationship between Banking Portfolio mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Banking Portfolio Banking.
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 Banking Mutual Fund
Banking Portfolio financial ratios help investors to determine whether Banking 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 Banking with respect to the benefits of owning Banking Portfolio security.
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