The Jensen Portfolio Fund Market Value
| JENSX Fund | USD 60.62 0.19 0.31% |
| Symbol | The |
The Jensen '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 The Jensen'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 The Jensen.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in The Jensen on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding The Jensen Portfolio or generate 0.0% return on investment in The Jensen over 90 days. The Jensen is related to or competes with Clipper Fund, Parnassus Core, Mairs Power, and Sound Shore. To achieve its objective, the fund invests in equity securities of approximately 25 to 30 companies More
The Jensen 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 The Jensen'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 The Jensen Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 11.42 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.07 |
The Jensen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for The Jensen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as The Jensen's standard deviation. In reality, there are many statistical measures that can use The Jensen historical prices to predict the future The Jensen's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of The Jensen'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.
Jensen Portfolio Backtested Returns
Jensen Portfolio owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0704, which indicates the fund had a -0.0704% return per unit of risk over the last 3 months. The Jensen Portfolio exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate The Jensen's Coefficient Of Variation of (1,402), risk adjusted performance of (0.05), and Variance of 1.99 to confirm the risk estimate we provide. The entity has a beta of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, the Jensen's returns are expected to increase less than the market. However, during the bear market, the loss of holding the Jensen is expected to be smaller as well.
Auto-correlation | -0.37 |
Poor reverse predictability
The Jensen Portfolio has poor reverse predictability. Overlapping area represents the amount of predictability between The Jensen time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 Jensen Portfolio price movement. The serial correlation of -0.37 indicates that just about 37.0% of current The Jensen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 9.28 |
Jensen Portfolio lagged returns against current returns
Autocorrelation, which is The Jensen 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 The Jensen's mutual fund expected returns. We can calculate the autocorrelation of The Jensen returns to help us make a trade decision. For example, suppose you find that The Jensen 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 |
The Jensen 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 The Jensen mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if The Jensen mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in The Jensen mutual fund over time.
Current vs Lagged Prices |
| Timeline |
The Jensen Lagged Returns
When evaluating The Jensen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of The Jensen mutual fund have on its future price. The Jensen 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, The Jensen autocorrelation shows the relationship between The Jensen mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Jensen Portfolio.
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 The Mutual Fund
The Jensen financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Jensen security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |