Medium Duration Bond Institutional Fund Market Value
| GMDYX Fund | USD 12.75 0.03 0.24% |
| Symbol | Medium |
Medium Duration '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 Medium Duration'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 Medium Duration.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Medium Duration on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Medium Duration Bond Institutional or generate 0.0% return on investment in Medium Duration over 30 days. Medium Duration is related to or competes with Pioneer High, Metropolitan West, Msift High, Virtus High, Pace High, and Alpine High. The fund invests mainly in investment grade fixed-income instruments More
Medium Duration 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 Medium Duration'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 Medium Duration Bond Institutional upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.319 | |||
| Information Ratio | 0.0345 | |||
| Maximum Drawdown | 1.45 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.5609 |
Medium Duration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medium Duration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Medium Duration's standard deviation. In reality, there are many statistical measures that can use Medium Duration historical prices to predict the future Medium Duration's volatility.| Risk Adjusted Performance | 0.0194 | |||
| Jensen Alpha | 0.0045 | |||
| Total Risk Alpha | 0.0064 | |||
| Sortino Ratio | 0.0321 | |||
| Treynor Ratio | 0.035 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Medium Duration'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.
Medium Duration Bond Backtested Returns
At this stage we consider Medium Mutual Fund to be very steady. Medium Duration Bond has Sharpe Ratio of 0.0464, which conveys that the entity had a 0.0464 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Medium Duration, which you can use to evaluate the volatility of the fund. Please verify Medium Duration's Mean Deviation of 0.2204, risk adjusted performance of 0.0194, and Downside Deviation of 0.319 to check out if the risk estimate we provide is consistent with the expected return of 0.0138%. The fund secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Medium Duration's returns are expected to increase less than the market. However, during the bear market, the loss of holding Medium Duration is expected to be smaller as well.
Auto-correlation | 0.58 |
Modest predictability
Medium Duration Bond Institutional has modest predictability. Overlapping area represents the amount of predictability between Medium Duration time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Medium Duration Bond price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Medium Duration price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Medium Duration Bond lagged returns against current returns
Autocorrelation, which is Medium Duration 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 Medium Duration's mutual fund expected returns. We can calculate the autocorrelation of Medium Duration returns to help us make a trade decision. For example, suppose you find that Medium Duration 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 |
Medium Duration 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 Medium Duration mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Medium Duration mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Medium Duration mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Medium Duration Lagged Returns
When evaluating Medium Duration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Medium Duration mutual fund have on its future price. Medium Duration 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, Medium Duration autocorrelation shows the relationship between Medium Duration mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Medium Duration Bond 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 Medium Mutual Fund
Medium Duration financial ratios help investors to determine whether Medium 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 Medium with respect to the benefits of owning Medium Duration security.
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