Leland Thomson Reuters Fund Market Value
| LDVCX Fund | USD 23.93 0.08 0.33% |
| Symbol | Leland |
Leland Thomson '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 Leland Thomson'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 Leland Thomson.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Leland Thomson on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Leland Thomson Reuters or generate 0.0% return on investment in Leland Thomson over 30 days. Leland Thomson is related to or competes with Direxion Monthly, Nasdaq 100, Nasdaq 100, Ultranasdaq 100, and Internet Ultrasector. Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus any borrowings for investme... More
Leland Thomson 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 Leland Thomson'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 Leland Thomson Reuters upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.0867 | |||
| Maximum Drawdown | 10.44 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 2.13 |
Leland Thomson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leland Thomson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leland Thomson's standard deviation. In reality, there are many statistical measures that can use Leland Thomson historical prices to predict the future Leland Thomson's volatility.| Risk Adjusted Performance | 0.101 | |||
| Jensen Alpha | 0.1716 | |||
| Total Risk Alpha | 0.0932 | |||
| Sortino Ratio | 0.0738 | |||
| Treynor Ratio | 1.27 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Leland Thomson'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.
Leland Thomson Reuters Backtested Returns
At this stage we consider Leland Mutual Fund to be very steady. Leland Thomson Reuters has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Leland Thomson, which you can use to evaluate the volatility of the fund. Please verify Leland Thomson's Downside Deviation of 1.82, mean deviation of 1.11, and Risk Adjusted Performance of 0.101 to check out if the risk estimate we provide is consistent with the expected return of 0.19%. The fund secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Leland Thomson's returns are expected to increase less than the market. However, during the bear market, the loss of holding Leland Thomson is expected to be smaller as well.
Auto-correlation | -0.83 |
Excellent reverse predictability
Leland Thomson Reuters has excellent reverse predictability. Overlapping area represents the amount of predictability between Leland Thomson time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 Leland Thomson Reuters price movement. The serial correlation of -0.83 indicates that around 83.0% of current Leland Thomson price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Leland Thomson Reuters lagged returns against current returns
Autocorrelation, which is Leland Thomson 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 Leland Thomson's mutual fund expected returns. We can calculate the autocorrelation of Leland Thomson returns to help us make a trade decision. For example, suppose you find that Leland Thomson 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 |
Leland Thomson 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 Leland Thomson mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leland Thomson mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leland Thomson mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Leland Thomson Lagged Returns
When evaluating Leland Thomson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leland Thomson mutual fund have on its future price. Leland Thomson 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, Leland Thomson autocorrelation shows the relationship between Leland Thomson mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Leland Thomson Reuters.
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 Leland Mutual Fund
Leland Thomson financial ratios help investors to determine whether Leland 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 Leland with respect to the benefits of owning Leland Thomson security.
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