Electronics Fund Investor Fund Market Value
| RYSIX Fund | USD 422.44 6.44 1.55% |
| Symbol | Electronics |
Electronics Fund '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 Electronics Fund'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 Electronics Fund.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Electronics Fund on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Electronics Fund Investor or generate 0.0% return on investment in Electronics Fund over 180 days. Electronics Fund is related to or competes with Technology Fund, Financial Services, Telecommunications, Health Care, and Banking Fund. Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Electronics Com... More
Electronics Fund 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 Electronics Fund'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 Electronics Fund Investor upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 10.02 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 2.42 |
Electronics Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electronics Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Electronics Fund's standard deviation. In reality, there are many statistical measures that can use Electronics Fund historical prices to predict the future Electronics Fund's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.05) |
Electronics Fund Investor Backtested Returns
At this stage we consider Electronics Mutual Fund to be very steady. Electronics Fund Investor secures Sharpe Ratio (or Efficiency) of 0.044, which denotes the fund had a 0.044% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Electronics Fund Investor, which you can use to evaluate the volatility of the entity. Please confirm Electronics Fund's Standard Deviation of 2.07, mean deviation of 1.49, and Variance of 4.27 to check if the risk estimate we provide is consistent with the expected return of 0.0807%. The fund shows a Beta (market volatility) of 1.52, which means 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, Electronics Fund will likely underperform.
Auto-correlation | 0.09 |
Virtually no predictability
Electronics Fund Investor has virtually no predictability. Overlapping area represents the amount of predictability between Electronics Fund time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th 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 Electronics Fund Investor price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Electronics Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 229.73 |
Electronics Fund Investor lagged returns against current returns
Autocorrelation, which is Electronics Fund 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 Electronics Fund's mutual fund expected returns. We can calculate the autocorrelation of Electronics Fund returns to help us make a trade decision. For example, suppose you find that Electronics Fund 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 |
Electronics Fund 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 Electronics Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Electronics Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Electronics Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Electronics Fund Lagged Returns
When evaluating Electronics Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Electronics Fund mutual fund have on its future price. Electronics Fund 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, Electronics Fund autocorrelation shows the relationship between Electronics Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Electronics Fund Investor.
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 Electronics Mutual Fund
Electronics Fund financial ratios help investors to determine whether Electronics 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 Electronics with respect to the benefits of owning Electronics Fund security.
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