Ivy Global Bond Fund Market Value
| IVBDX Fund | USD 9.14 0.03 0.33% |
| Symbol | Ivy |
Ivy Global '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 Global'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 Ivy Global.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Ivy Global on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Ivy Global Bond or generate 0.0% return on investment in Ivy Global over 30 days. Ivy Global is related to or competes with Cardinal Small, Eagle Small, Small Pany, Ab Small, Champlain Small, Scout Small, and Sp Smallcap. The fund invests at least 80 percent of its net assets in a diversified portfolio of bonds of foreign and U.S More
Ivy Global 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 Global'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 Ivy Global Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 1.41 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.4315 |
Ivy Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ivy Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ivy Global's standard deviation. In reality, there are many statistical measures that can use Ivy Global historical prices to predict the future Ivy Global's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.87) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ivy Global'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.
Ivy Global Bond Backtested Returns
Ivy Global Bond holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Ivy Global Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ivy Global's Market Risk Adjusted Performance of (0.86), standard deviation of 0.2385, and Risk Adjusted Performance of (0.13) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.047, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ivy Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ivy Global is expected to be smaller as well.
Auto-correlation | -0.98 |
Near perfect reversele predictability
Ivy Global Bond has near perfect reversele predictability. Overlapping area represents the amount of predictability between Ivy Global time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Global Bond price movement. The serial correlation of -0.98 indicates that 98.0% of current Ivy Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.98 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ivy Global Bond lagged returns against current returns
Autocorrelation, which is Ivy Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Ivy Global returns to help us make a trade decision. For example, suppose you find that Ivy Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ivy Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ivy Global Lagged Returns
When evaluating Ivy Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ivy Global mutual fund have on its future price. Ivy Global 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 Global autocorrelation shows the relationship between Ivy Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ivy Global Bond.
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 Global 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 Global security.
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