Usaa Nasdaq 100 Fund Market Value
| UINQX Fund | USD 52.20 0.69 1.30% |
| Symbol | Usaa |
Usaa Nasdaq '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 Usaa Nasdaq'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 Usaa Nasdaq.
| 12/08/2023 |
| 01/01/2025 |
If you would invest 0.00 in Usaa Nasdaq on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Usaa Nasdaq 100 or generate 0.0% return on investment in Usaa Nasdaq over 390 days. Usaa Nasdaq is related to or competes with Income Fund, Victory Diversified, Intermediate-term, Usaa Intermediate, Usaa Tax, Victory Tax, and Victory Sycamore. The funds principal investment strategy is, under normal market conditions, to invest at least 80 percent of the funds a... More
Usaa Nasdaq 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 Usaa Nasdaq'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 Usaa Nasdaq 100 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | 0.041 | |||
| Maximum Drawdown | 6.71 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.55 |
Usaa Nasdaq Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Usaa Nasdaq's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Usaa Nasdaq's standard deviation. In reality, there are many statistical measures that can use Usaa Nasdaq historical prices to predict the future Usaa Nasdaq's volatility.| Risk Adjusted Performance | 0.0437 | |||
| Jensen Alpha | 0.0449 | |||
| Total Risk Alpha | 0.0439 | |||
| Sortino Ratio | 0.0338 | |||
| Treynor Ratio | 0.4075 |
Usaa Nasdaq 100 Backtested Returns
At this stage we consider Usaa Mutual Fund to be very steady. Usaa Nasdaq 100 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.077, which indicates the fund had a 0.077% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Usaa Nasdaq 100, which you can use to evaluate the volatility of the fund. Please validate Usaa Nasdaq's Semi Deviation of 1.19, risk adjusted performance of 0.0437, and Coefficient Of Variation of 1957.77 to confirm if the risk estimate we provide is consistent with the expected return of 0.0841%. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Usaa Nasdaq's returns are expected to increase less than the market. However, during the bear market, the loss of holding Usaa Nasdaq is expected to be smaller as well.
Auto-correlation | 0.50 |
Modest predictability
Usaa Nasdaq 100 has modest predictability. Overlapping area represents the amount of predictability between Usaa Nasdaq time series from 8th of December 2023 to 20th of June 2024 and 20th of June 2024 to 1st of January 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 Usaa Nasdaq 100 price movement. The serial correlation of 0.5 indicates that about 50.0% of current Usaa Nasdaq price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 4.73 |
Usaa Nasdaq 100 lagged returns against current returns
Autocorrelation, which is Usaa Nasdaq 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 Usaa Nasdaq's mutual fund expected returns. We can calculate the autocorrelation of Usaa Nasdaq returns to help us make a trade decision. For example, suppose you find that Usaa Nasdaq 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 |
Usaa Nasdaq 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 Usaa Nasdaq mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Usaa Nasdaq mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Usaa Nasdaq mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Usaa Nasdaq Lagged Returns
When evaluating Usaa Nasdaq's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Usaa Nasdaq mutual fund have on its future price. Usaa Nasdaq 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, Usaa Nasdaq autocorrelation shows the relationship between Usaa Nasdaq mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Usaa Nasdaq 100.
Regressed Prices |
| Timeline |
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Other Information on Investing in Usaa Mutual Fund
Usaa Nasdaq financial ratios help investors to determine whether Usaa 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 Usaa with respect to the benefits of owning Usaa Nasdaq security.
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