Colorado Bondshares A Fund Market Value
| HICOX Fund | USD 8.94 0.01 0.11% |
| Symbol | Colorado |
Colorado Bondshares '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 Colorado Bondshares' 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 Colorado Bondshares.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Colorado Bondshares on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Colorado Bondshares A or generate 0.0% return on investment in Colorado Bondshares over 90 days. Colorado Bondshares is related to or competes with Prudential Jennison, and Fidelity New. The manager will attempt to invest up to 100 percent and, except for temporary investments, will invest at least 80 perc... More
Colorado Bondshares 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 Colorado Bondshares' 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 Colorado Bondshares A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2628 | |||
| Information Ratio | 0.5262 | |||
| Maximum Drawdown | 1.02 | |||
| Value At Risk | (0.33) | |||
| Potential Upside | 0.2255 |
Colorado Bondshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Colorado Bondshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Colorado Bondshares' standard deviation. In reality, there are many statistical measures that can use Colorado Bondshares historical prices to predict the future Colorado Bondshares' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.0184 | |||
| Sortino Ratio | 0.3917 | |||
| Treynor Ratio | (0.20) |
Colorado Bondshares Backtested Returns
At this stage we consider Colorado Mutual Fund to be very steady. Colorado Bondshares secures Sharpe Ratio (or Efficiency) of 0.02, which signifies that the fund had a 0.02 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Colorado Bondshares A, which you can use to evaluate the volatility of the entity. Please confirm Colorado Bondshares' Mean Deviation of 0.1283, risk adjusted performance of (0.02), and Downside Deviation of 0.2628 to double-check if the risk estimate we provide is consistent with the expected return of 0.0039%. The fund shows a Beta (market volatility) of 0.0309, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Colorado Bondshares' returns are expected to increase less than the market. However, during the bear market, the loss of holding Colorado Bondshares is expected to be smaller as well.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Colorado Bondshares A has insignificant reverse predictability. Overlapping area represents the amount of predictability between Colorado Bondshares time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Colorado Bondshares price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Colorado Bondshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Colorado Bondshares lagged returns against current returns
Autocorrelation, which is Colorado Bondshares 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 Colorado Bondshares' mutual fund expected returns. We can calculate the autocorrelation of Colorado Bondshares returns to help us make a trade decision. For example, suppose you find that Colorado Bondshares 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 |
Colorado Bondshares 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 Colorado Bondshares mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Colorado Bondshares mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Colorado Bondshares mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Colorado Bondshares Lagged Returns
When evaluating Colorado Bondshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Colorado Bondshares mutual fund have on its future price. Colorado Bondshares 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, Colorado Bondshares autocorrelation shows the relationship between Colorado Bondshares mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Colorado Bondshares A.
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 Colorado Mutual Fund
Colorado Bondshares financial ratios help investors to determine whether Colorado 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 Colorado with respect to the benefits of owning Colorado Bondshares security.
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