The E Fixed Fund Market Value
| HCIIX Fund | USD 8.44 0.01 0.12% |
| Symbol | HCIIX |
Please note, there is a significant difference between E Fixed's value and its price as these two are different measures arrived at by different means. Investors typically determine if E Fixed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E Fixed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
E Fixed '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 E Fixed'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 E Fixed.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in E Fixed on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding The E Fixed or generate 0.0% return on investment in E Fixed over 30 days. E Fixed is related to or competes with Americafirst Large, Large Cap, Touchstone Large, American Mutual, and Dunham Large. E Fixed is entity of United States. It is traded as Fund on NMFQS exchange. More
E Fixed 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 E Fixed'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 The E Fixed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.53 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.3513 |
E Fixed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for E Fixed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as E Fixed's standard deviation. In reality, there are many statistical measures that can use E Fixed historical prices to predict the future E Fixed's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (2.95) |
E Fixed Backtested Returns
E Fixed secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the fund had a -0.21% return per unit of risk over the last 3 months. The E Fixed exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm E Fixed's Coefficient Of Variation of (477.59), standard deviation of 0.2838, and Risk Adjusted Performance of (0.18) to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0235, which means not very significant fluctuations relative to the market. As returns on the market increase, E Fixed's returns are expected to increase less than the market. However, during the bear market, the loss of holding E Fixed is expected to be smaller as well.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
The E Fixed has almost perfect reverse predictability. Overlapping area represents the amount of predictability between E Fixed time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th of December 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 E Fixed price movement. The serial correlation of -0.78 indicates that around 78.0% of current E Fixed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
E Fixed lagged returns against current returns
Autocorrelation, which is E Fixed 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 E Fixed's mutual fund expected returns. We can calculate the autocorrelation of E Fixed returns to help us make a trade decision. For example, suppose you find that E Fixed 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 |
E Fixed 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 E Fixed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if E Fixed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in E Fixed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
E Fixed Lagged Returns
When evaluating E Fixed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of E Fixed mutual fund have on its future price. E Fixed 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, E Fixed autocorrelation shows the relationship between E Fixed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The E 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 HCIIX Mutual Fund
E Fixed financial ratios help investors to determine whether HCIIX 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 HCIIX with respect to the benefits of owning E Fixed security.
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