Technology Munications Portfolio Fund Market Value

STPCX Fund  USD 11.44  0.16  1.42%   
Technology Communications' market value is the price at which a share of Technology Communications trades on a public exchange. It measures the collective expectations of Technology Munications Portfolio investors about its performance. Technology Communications is trading at 11.44 as of the 2nd of March 2025; that is 1.42 percent increase since the beginning of the trading day. The fund's open price was 11.28.
With this module, you can estimate the performance of a buy and hold strategy of Technology Munications Portfolio and determine expected loss or profit from investing in Technology Communications over a given investment horizon. Check out Technology Communications Correlation, Technology Communications Volatility and Technology Communications Alpha and Beta module to complement your research on Technology Communications.
Symbol

Please note, there is a significant difference between Technology Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Technology Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Technology Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Technology Communications '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 Technology Communications' 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 Technology Communications.
0.00
03/13/2023
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/02/2025
0.00
If you would invest  0.00  in Technology Communications on March 13, 2023 and sell it all today you would earn a total of 0.00 from holding Technology Munications Portfolio or generate 0.0% return on investment in Technology Communications over 720 days. Technology Communications is related to or competes with Voya Government. The fund will normally invest at least 80 percent of its total assets in equity securities issued by technology and comm... More

Technology Communications 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 Technology Communications' 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 Technology Munications Portfolio upside and downside potential and time the market with a certain degree of confidence.

Technology Communications Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Technology Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Technology Communications' standard deviation. In reality, there are many statistical measures that can use Technology Communications historical prices to predict the future Technology Communications' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Technology Communications' 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.
Hype
Prediction
LowEstimatedHigh
8.6311.4414.25
Details
Intrinsic
Valuation
LowRealHigh
9.0511.8614.67
Details

Technology Communications Backtested Returns

Technology Communications owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the fund had a -0.13 % return per unit of risk over the last 3 months. Technology Munications Portfolio exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Technology Communications' Risk Adjusted Performance of (0.09), coefficient of variation of (766.86), and Variance of 7.89 to confirm the risk estimate we provide. The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. Technology Communications returns are very sensitive to returns on the market. As the market goes up or down, Technology Communications is expected to follow.

Auto-correlation

    
  -0.04  

Very weak reverse predictability

Technology Munications Portfolio has very weak reverse predictability. Overlapping area represents the amount of predictability between Technology Communications time series from 13th of March 2023 to 7th of March 2024 and 7th of March 2024 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Technology Communications price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Technology Communications price fluctuation can be explain by its past prices.
Correlation Coefficient-0.04
Spearman Rank Test-0.32
Residual Average0.0
Price Variance0.77

Technology Communications lagged returns against current returns

Autocorrelation, which is Technology Communications 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 Technology Communications' mutual fund expected returns. We can calculate the autocorrelation of Technology Communications returns to help us make a trade decision. For example, suppose you find that Technology Communications 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  

Technology Communications 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 Technology Communications mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Technology Communications mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Technology Communications mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Technology Communications Lagged Returns

When evaluating Technology Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Technology Communications mutual fund have on its future price. Technology Communications 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, Technology Communications autocorrelation shows the relationship between Technology Communications mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Technology Munications Portfolio.
   Regressed Prices   
       Timeline  

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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 Technology Mutual Fund

Technology Communications financial ratios help investors to determine whether Technology 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 Technology with respect to the benefits of owning Technology Communications security.
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