Usa Mutuals Navigator Fund Market Value
| UNAVX Fund | USD 26.87 0.02 0.07% |
| Symbol | Usa |
Usa Mutuals '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 Usa Mutuals' 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 Usa Mutuals.
| 01/20/2023 |
| 01/09/2025 |
If you would invest 0.00 in Usa Mutuals on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding Usa Mutuals Navigator or generate 0.0% return on investment in Usa Mutuals over 720 days. Usa Mutuals is related to or competes with Tiaa-cref High-yield, Voya High, Fidelity Capital, Guggenheim High, Calvert High, Simt High, and Siit High. The fund, a diversified investment company, pursues its investment objective by employing a discretionary trading strate... More
Usa Mutuals 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 Usa Mutuals' 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 Usa Mutuals Navigator upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2473 | |||
| Information Ratio | 0.045 | |||
| Maximum Drawdown | 1.42 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.4851 |
Usa Mutuals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Usa Mutuals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Usa Mutuals' standard deviation. In reality, there are many statistical measures that can use Usa Mutuals historical prices to predict the future Usa Mutuals' volatility.| Risk Adjusted Performance | 0.0443 | |||
| Jensen Alpha | 0.0102 | |||
| Total Risk Alpha | 0.0103 | |||
| Sortino Ratio | 0.0433 | |||
| Treynor Ratio | 0.0639 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Usa Mutuals' 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.
Usa Mutuals Navigator Backtested Returns
At this stage we consider Usa Mutual Fund to be very steady. Usa Mutuals Navigator owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0511, which indicates the fund had a 0.0511% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Usa Mutuals Navigator, which you can use to evaluate the volatility of the fund. Please validate Usa Mutuals' Semi Deviation of 0.1252, risk adjusted performance of 0.0443, and Coefficient Of Variation of 1181.01 to confirm if the risk estimate we provide is consistent with the expected return of 0.0123%. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Usa Mutuals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Usa Mutuals is expected to be smaller as well.
Auto-correlation | -0.08 |
Very weak reverse predictability
Usa Mutuals Navigator has very weak reverse predictability. Overlapping area represents the amount of predictability between Usa Mutuals time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th 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 Usa Mutuals Navigator price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Usa Mutuals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Usa Mutuals Navigator lagged returns against current returns
Autocorrelation, which is Usa Mutuals 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 Usa Mutuals' mutual fund expected returns. We can calculate the autocorrelation of Usa Mutuals returns to help us make a trade decision. For example, suppose you find that Usa Mutuals 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 |
Usa Mutuals 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 Usa Mutuals mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Usa Mutuals mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Usa Mutuals mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Usa Mutuals Lagged Returns
When evaluating Usa Mutuals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Usa Mutuals mutual fund have on its future price. Usa Mutuals 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, Usa Mutuals autocorrelation shows the relationship between Usa Mutuals mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Usa Mutuals Navigator.
Regressed Prices |
| Timeline |
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Other Information on Investing in Usa Mutual Fund
Usa Mutuals financial ratios help investors to determine whether Usa 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 Usa with respect to the benefits of owning Usa Mutuals security.
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