Us Global Investors Fund Market Value
| USLUX Fund | USD 21.85 0.15 0.69% |
| Symbol | USLUX |
Us Global '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 Us Global'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 Us Global.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Us Global on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Us Global Investors or generate 0.0% return on investment in Us Global over 180 days. Us Global is related to or competes with International Paper, O I, Smurfit WestRock, Driven Brands, Virco Manufacturing, Energy Focu, and Ford. Under normal market conditions, the fund will invest at least 80 percent of its net assets in the securities of companie... More
Us Global 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 Us Global'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 Us Global Investors upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9607 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.91 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.79 |
Us Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Us Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Us Global's standard deviation. In reality, there are many statistical measures that can use Us Global historical prices to predict the future Us Global's volatility.| Risk Adjusted Performance | 0.0725 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1044 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Us Global's 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.
Us Global Investors Backtested Returns
At this stage we consider USLUX Mutual Fund to be very steady. Us Global Investors retains Efficiency (Sharpe Ratio) of 0.11, which indicates the fund had a 0.11% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Us Global, which you can use to evaluate the volatility of the fund. Please validate Us Global's Mean Deviation of 0.7435, downside deviation of 0.9607, and Risk Adjusted Performance of 0.0725 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The entity owns a Beta (Systematic Risk) of 0.81, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Us Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Us Global is expected to be smaller as well.
Auto-correlation | -0.29 |
Weak reverse predictability
Us Global Investors has weak reverse predictability. Overlapping area represents the amount of predictability between Us Global time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Us Global Investors price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Us Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Us Global Investors lagged returns against current returns
Autocorrelation, which is Us Global 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 Us Global's mutual fund expected returns. We can calculate the autocorrelation of Us Global returns to help us make a trade decision. For example, suppose you find that Us Global 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 |
Us Global 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 Us Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Us Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Us Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Us Global Lagged Returns
When evaluating Us Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Us Global mutual fund have on its future price. Us Global 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, Us Global autocorrelation shows the relationship between Us Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Us Global Investors.
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 USLUX Mutual Fund
Us Global financial ratios help investors to determine whether USLUX 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 USLUX with respect to the benefits of owning Us Global security.
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