Enterprise Portfolio Institutional Fund Market Value
| JAAGX Fund | USD 89.03 0.04 0.04% |
| Symbol | Enterprise |
Enterprise Portfolio '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 Enterprise Portfolio'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 Enterprise Portfolio.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Enterprise Portfolio on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Enterprise Portfolio Institutional or generate 0.0% return on investment in Enterprise Portfolio over 30 days. Enterprise Portfolio is related to or competes with Janus Research, Janus Global, Janus Global, Janus Global, and Janus Growth. The Portfolio pursues its investment objective by investing primarily in common stocks selected for their growth potenti... More
Enterprise Portfolio 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 Enterprise Portfolio'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 Enterprise Portfolio Institutional upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8092 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.64 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.28 |
Enterprise Portfolio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enterprise Portfolio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enterprise Portfolio's standard deviation. In reality, there are many statistical measures that can use Enterprise Portfolio historical prices to predict the future Enterprise Portfolio's volatility.| Risk Adjusted Performance | 0.1068 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1103 |
Enterprise Portfolio Backtested Returns
At this stage we consider Enterprise Mutual Fund to be very steady. Enterprise Portfolio secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Enterprise Portfolio Institutional, which you can use to evaluate the volatility of the entity. Please confirm Enterprise Portfolio's Mean Deviation of 0.6082, downside deviation of 0.8092, and Coefficient Of Variation of 719.59 to check if the risk estimate we provide is consistent with the expected return of 0.0979%. The fund shows a Beta (market volatility) of 0.91, which means possible diversification benefits within a given portfolio. Enterprise Portfolio returns are very sensitive to returns on the market. As the market goes up or down, Enterprise Portfolio is expected to follow.
Auto-correlation | 0.97 |
Excellent predictability
Enterprise Portfolio Institutional has excellent predictability. Overlapping area represents the amount of predictability between Enterprise Portfolio time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Enterprise Portfolio price movement. The serial correlation of 0.97 indicates that 97.0% of current Enterprise Portfolio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.97 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 2.53 |
Enterprise Portfolio lagged returns against current returns
Autocorrelation, which is Enterprise Portfolio 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 Enterprise Portfolio's mutual fund expected returns. We can calculate the autocorrelation of Enterprise Portfolio returns to help us make a trade decision. For example, suppose you find that Enterprise Portfolio 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 |
Enterprise Portfolio 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 Enterprise Portfolio mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enterprise Portfolio mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enterprise Portfolio mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Enterprise Portfolio Lagged Returns
When evaluating Enterprise Portfolio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enterprise Portfolio mutual fund have on its future price. Enterprise Portfolio 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, Enterprise Portfolio autocorrelation shows the relationship between Enterprise Portfolio mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Enterprise Portfolio Institutional.
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 Enterprise Mutual Fund
Enterprise Portfolio financial ratios help investors to determine whether Enterprise 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 Enterprise with respect to the benefits of owning Enterprise Portfolio security.
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