Usaa Virginia Bond Fund Market Value
| UVAIX Fund | USD 10.53 0.01 0.1% |
| Symbol | Usaa |
Usaa Virginia '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 Virginia'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 Virginia.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Usaa Virginia on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Usaa Virginia Bond or generate 0.0% return on investment in Usaa Virginia over 30 days. Usaa Virginia is related to or competes with Aqr Managed, Lord Abbett, The Hartford, and Ab Bond. The fund invests primarily in long-term investment-grade securities issued by the Commonwealth of Virginia, its politica... More
Usaa Virginia 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 Virginia'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 Virginia Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4848 | |||
| Information Ratio | 0.0088 | |||
| Maximum Drawdown | 1.53 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.3857 |
Usaa Virginia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Usaa Virginia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Usaa Virginia's standard deviation. In reality, there are many statistical measures that can use Usaa Virginia historical prices to predict the future Usaa Virginia's volatility.| Risk Adjusted Performance | 9.0E-4 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0056 | |||
| Treynor Ratio | (0.04) |
Usaa Virginia Bond Backtested Returns
Usaa Virginia Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0551, which indicates the fund had a -0.0551 % return per unit of risk over the last 3 months. Usaa Virginia Bond exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Usaa Virginia's Semi Deviation of 0.3386, coefficient of variation of 4909.35, and Risk Adjusted Performance of 9.0E-4 to confirm the risk estimate we provide. The entity has a beta of 0.0864, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Usaa Virginia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Usaa Virginia is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Usaa Virginia Bond has good predictability. Overlapping area represents the amount of predictability between Usaa Virginia time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Virginia Bond price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Usaa Virginia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Usaa Virginia Bond lagged returns against current returns
Autocorrelation, which is Usaa Virginia 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 Virginia's mutual fund expected returns. We can calculate the autocorrelation of Usaa Virginia returns to help us make a trade decision. For example, suppose you find that Usaa Virginia 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 Virginia 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 Virginia mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Usaa Virginia 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 Virginia mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Usaa Virginia Lagged Returns
When evaluating Usaa Virginia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Usaa Virginia mutual fund have on its future price. Usaa Virginia 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 Virginia autocorrelation shows the relationship between Usaa Virginia mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Usaa Virginia Bond.
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 Usaa Mutual Fund
Usaa Virginia 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 Virginia security.
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