Jacob Internet Fund Market Value
| JAMFX Fund | USD 6.13 0.06 0.97% |
| Symbol | Jacob |
Jacob Internet '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 Jacob Internet'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 Jacob Internet.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Jacob Internet on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Jacob Internet Fund or generate 0.0% return on investment in Jacob Internet over 30 days. Jacob Internet is related to or competes with Kinetics Internet, Internet Ultrasector, Firsthand Technology, Berkshire Focus, and Red Oak. Under normal circumstances, at least 80 percent of its assets in securities of companies in Internet and Internet-relate... More
Jacob Internet 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 Jacob Internet'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 Jacob Internet Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.2307 | |||
| Maximum Drawdown | 6.71 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 3.29 |
Jacob Internet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jacob Internet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jacob Internet's standard deviation. In reality, there are many statistical measures that can use Jacob Internet historical prices to predict the future Jacob Internet's volatility.| Risk Adjusted Performance | 0.2181 | |||
| Jensen Alpha | 0.3299 | |||
| Total Risk Alpha | 0.26 | |||
| Sortino Ratio | 0.2538 | |||
| Treynor Ratio | 0.3213 |
Jacob Internet Backtested Returns
Jacob Internet appears to be not too volatile, given 3 months investment horizon. Jacob Internet holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had a 0.27% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jacob Internet, which you can use to evaluate the volatility of the entity. Please utilize Jacob Internet's Downside Deviation of 1.45, risk adjusted performance of 0.2181, and Market Risk Adjusted Performance of 0.3313 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 1.43, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jacob Internet will likely underperform.
Auto-correlation | -0.04 |
Very weak reverse predictability
Jacob Internet Fund has very weak reverse predictability. Overlapping area represents the amount of predictability between Jacob Internet time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Jacob Internet price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Jacob Internet price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Jacob Internet lagged returns against current returns
Autocorrelation, which is Jacob Internet 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 Jacob Internet's mutual fund expected returns. We can calculate the autocorrelation of Jacob Internet returns to help us make a trade decision. For example, suppose you find that Jacob Internet 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 |
Jacob Internet 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 Jacob Internet mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jacob Internet mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jacob Internet mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Jacob Internet Lagged Returns
When evaluating Jacob Internet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jacob Internet mutual fund have on its future price. Jacob Internet 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, Jacob Internet autocorrelation shows the relationship between Jacob Internet mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Jacob Internet Fund.
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 Jacob Mutual Fund
Jacob Internet financial ratios help investors to determine whether Jacob 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 Jacob with respect to the benefits of owning Jacob Internet security.
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