Utilities Portfolio Utilities Fund Market Value
| FSUTX Fund | USD 123.47 2.38 1.97% |
| Symbol | Utilities |
Utilities 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 Utilities 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 Utilities Portfolio.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Utilities Portfolio on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Utilities Portfolio Utilities or generate 0.0% return on investment in Utilities Portfolio over 90 days. Utilities Portfolio is related to or competes with Consumer Discretionary, Telecommunications, Consumer Staples, Financial Services, and Transportation Portfolio. The fund invests primarily in common stocks More
Utilities 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 Utilities 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 Utilities Portfolio Utilities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0383 | |||
| Maximum Drawdown | 6.2 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 1.76 |
Utilities Portfolio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Utilities Portfolio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Utilities Portfolio's standard deviation. In reality, there are many statistical measures that can use Utilities Portfolio historical prices to predict the future Utilities Portfolio's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.0832 | |||
| Treynor Ratio | (0.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Utilities Portfolio's 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.
Utilities Portfolio Backtested Returns
At this stage we consider Utilities Mutual Fund to be very steady. Utilities Portfolio owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the fund had a close to zero % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Utilities Portfolio Utilities, which you can use to evaluate the volatility of the fund. Please validate Utilities Portfolio's Risk Adjusted Performance of (0.04), variance of 1.38, and Coefficient Of Variation of (2,176) to confirm if the risk estimate we provide is consistent with the expected return of 0.0077%. The entity has a beta of 0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Utilities Portfolio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Utilities Portfolio is expected to be smaller as well.
Auto-correlation | -0.39 |
Poor reverse predictability
Utilities Portfolio Utilities has poor reverse predictability. Overlapping area represents the amount of predictability between Utilities Portfolio time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Utilities Portfolio price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Utilities Portfolio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 4.03 |
Utilities Portfolio lagged returns against current returns
Autocorrelation, which is Utilities 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 Utilities Portfolio's mutual fund expected returns. We can calculate the autocorrelation of Utilities Portfolio returns to help us make a trade decision. For example, suppose you find that Utilities 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 |
Utilities 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 Utilities Portfolio mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Utilities 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 Utilities Portfolio mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Utilities Portfolio Lagged Returns
When evaluating Utilities Portfolio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Utilities Portfolio mutual fund have on its future price. Utilities 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, Utilities Portfolio autocorrelation shows the relationship between Utilities Portfolio mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Utilities Portfolio Utilities.
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 Utilities Mutual Fund
Utilities Portfolio financial ratios help investors to determine whether Utilities 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 Utilities with respect to the benefits of owning Utilities Portfolio security.
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