The Porate Fixed Fund Market Value
| HCXSX Fund | USD 8.72 0.01 0.11% |
| Symbol | Porate |
Please note, there is a significant difference between Porate Fixed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Porate Fixed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Porate 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.
Porate 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 Porate 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 Porate Fixed.
| 10/22/2024 |
| 01/20/2025 |
If you would invest 0.00 in Porate Fixed on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding The Porate Fixed or generate 0.0% return on investment in Porate Fixed over 90 days. Porate Fixed is related to or competes with First Trust, Fidelity Advisor, Putnam Global, and Hennessy Small. More
Porate 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 Porate 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 Porate Fixed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 1.58 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.454 |
Porate Fixed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Porate Fixed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Porate Fixed's standard deviation. In reality, there are many statistical measures that can use Porate Fixed historical prices to predict the future Porate Fixed's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.80) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Porate Fixed'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.
Porate Fixed Backtested Returns
Porate Fixed maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the entity had a -0.11 % return per unit of risk over the last 3 months. Porate Fixed exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Porate Fixed's Coefficient Of Variation of (874.26), variance of 0.1027, and Market Risk Adjusted Performance of (0.79) to confirm the risk estimate we provide. The fund holds a Beta of 0.0586, which implies not very significant fluctuations relative to the market. As returns on the market increase, Porate Fixed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Porate Fixed is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
The Porate Fixed has below average predictability. Overlapping area represents the amount of predictability between Porate Fixed time series from 22nd of October 2024 to 6th of December 2024 and 6th of December 2024 to 20th of January 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 Porate Fixed price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Porate Fixed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Porate Fixed lagged returns against current returns
Autocorrelation, which is Porate 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 Porate Fixed's mutual fund expected returns. We can calculate the autocorrelation of Porate Fixed returns to help us make a trade decision. For example, suppose you find that Porate 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 |
Porate 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 Porate Fixed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Porate 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 Porate Fixed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Porate Fixed Lagged Returns
When evaluating Porate Fixed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Porate Fixed mutual fund have on its future price. Porate 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, Porate Fixed autocorrelation shows the relationship between Porate Fixed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Porate 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 Porate Mutual Fund
Porate Fixed financial ratios help investors to determine whether Porate 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 Porate with respect to the benefits of owning Porate Fixed security.
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