Navigator Tactical Investment Fund Market Value
| NTIIX Fund | USD 9.32 0.02 0.21% |
| Symbol | Navigator |
Navigator Tactical '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 Navigator Tactical'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 Navigator Tactical.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Navigator Tactical on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Navigator Tactical Investment or generate 0.0% return on investment in Navigator Tactical over 480 days. Navigator Tactical is related to or competes with Lord Abbett, Jhancock Disciplined, Dunham Large, Qs Large, Large Cap, Transamerica Large, and Virtus Nfj. The fund will invest, under normal circumstances, at least 80 percent of its assets, defined as net assets plus the amou... More
Navigator Tactical 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 Navigator Tactical'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 Navigator Tactical Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.71) | |||
| Maximum Drawdown | 1.49 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.3158 |
Navigator Tactical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Navigator Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Navigator Tactical's standard deviation. In reality, there are many statistical measures that can use Navigator Tactical historical prices to predict the future Navigator Tactical's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (1.42) |
Navigator Tactical Backtested Returns
Navigator Tactical has Sharpe Ratio of -0.13, which conveys that the entity had a -0.13% return per unit of risk over the last 3 months. Navigator Tactical exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Navigator Tactical's Standard Deviation of 0.2104, risk adjusted performance of (0.11), and Mean Deviation of 0.1296 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.0251, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Navigator Tactical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Navigator Tactical is expected to be smaller as well.
Auto-correlation | 0.93 |
Excellent predictability
Navigator Tactical Investment has excellent predictability. Overlapping area represents the amount of predictability between Navigator Tactical time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Navigator Tactical price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Navigator Tactical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Navigator Tactical lagged returns against current returns
Autocorrelation, which is Navigator Tactical 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 Navigator Tactical's mutual fund expected returns. We can calculate the autocorrelation of Navigator Tactical returns to help us make a trade decision. For example, suppose you find that Navigator Tactical 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 |
Navigator Tactical 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 Navigator Tactical mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Navigator Tactical mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Navigator Tactical mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Navigator Tactical Lagged Returns
When evaluating Navigator Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Navigator Tactical mutual fund have on its future price. Navigator Tactical 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, Navigator Tactical autocorrelation shows the relationship between Navigator Tactical mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Navigator Tactical Investment.
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 Navigator Mutual Fund
Navigator Tactical financial ratios help investors to determine whether Navigator 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 Navigator with respect to the benefits of owning Navigator Tactical security.
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