Ivy Advantus Real Fund Market Value
| IRSEX Fund | USD 15.15 0.22 1.47% |
| Symbol | Ivy |
Ivy Advantus '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 Ivy Advantus' 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 Ivy Advantus.
| 10/30/2023 |
| 12/23/2024 |
If you would invest 0.00 in Ivy Advantus on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding Ivy Advantus Real or generate 0.0% return on investment in Ivy Advantus over 420 days. Ivy Advantus is related to or competes with Realty Income, Dynex Capital, First Industrial, Healthcare Realty, Kennedy Wilson, Belpointe PREP, and Park Hotels. The fund to achieve its objective by investing, under normal circumstances, at least 80 percent of its net assets, plus ... More
Ivy Advantus 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 Ivy Advantus' 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 Ivy Advantus Real upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 12.7 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 1.21 |
Ivy Advantus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ivy Advantus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ivy Advantus' standard deviation. In reality, there are many statistical measures that can use Ivy Advantus historical prices to predict the future Ivy Advantus' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.51) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ivy Advantus' 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.
Ivy Advantus Real Backtested Returns
Ivy Advantus Real holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Ivy Advantus Real exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ivy Advantus' Market Risk Adjusted Performance of (0.50), risk adjusted performance of (0.11), and Standard Deviation of 1.66 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.51, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Ivy Advantus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ivy Advantus is expected to be smaller as well.
Auto-correlation | 0.41 |
Average predictability
Ivy Advantus Real has average predictability. Overlapping area represents the amount of predictability between Ivy Advantus time series from 30th of October 2023 to 27th of May 2024 and 27th of May 2024 to 23rd 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 Ivy Advantus Real price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Ivy Advantus price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 1.18 |
Ivy Advantus Real lagged returns against current returns
Autocorrelation, which is Ivy Advantus 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 Ivy Advantus' mutual fund expected returns. We can calculate the autocorrelation of Ivy Advantus returns to help us make a trade decision. For example, suppose you find that Ivy Advantus 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 |
Ivy Advantus 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 Ivy Advantus mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ivy Advantus mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ivy Advantus mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ivy Advantus Lagged Returns
When evaluating Ivy Advantus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ivy Advantus mutual fund have on its future price. Ivy Advantus 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, Ivy Advantus autocorrelation shows the relationship between Ivy Advantus mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ivy Advantus Real.
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 Ivy Mutual Fund
Ivy Advantus financial ratios help investors to determine whether Ivy 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 Ivy with respect to the benefits of owning Ivy Advantus security.
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