Science Technology Fund Market Value

VCSTX Fund  USD 34.02  0.81  2.44%   
Science Technology's market value is the price at which a share of Science Technology trades on a public exchange. It measures the collective expectations of Science Technology Fund investors about its performance. Science Technology is trading at 34.02 as of the 5th of December 2024; that is 2.44 percent increase since the beginning of the trading day. The fund's open price was 33.21.
With this module, you can estimate the performance of a buy and hold strategy of Science Technology Fund and determine expected loss or profit from investing in Science Technology over a given investment horizon. Check out Science Technology Correlation, Science Technology Volatility and Science Technology Alpha and Beta module to complement your research on Science Technology.
Symbol

Please note, there is a significant difference between Science Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Science Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Science Technology's 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.

Science Technology '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 Science Technology'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 Science Technology.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in Science Technology on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Science Technology Fund or generate 0.0% return on investment in Science Technology over 30 days. Science Technology is related to or competes with Fidelity Advisor, Franklin Gold, Global Gold, James Balanced, Gold And, Great-west Goldman, and First Eagle. The fund normally invests at least 80 percent of net assets in the common stocks of companies that are expected to benef... More

Science Technology 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 Science Technology'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 Science Technology Fund upside and downside potential and time the market with a certain degree of confidence.

Science Technology Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Science Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Science Technology's standard deviation. In reality, there are many statistical measures that can use Science Technology historical prices to predict the future Science Technology's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Science Technology'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.
Hype
Prediction
LowEstimatedHigh
32.8534.0235.19
Details
Intrinsic
Valuation
LowRealHigh
33.8935.0636.23
Details
Naive
Forecast
LowNextHigh
32.9334.1035.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
32.5033.0833.67
Details

Science Technology Backtested Returns

Science Technology appears to be very steady, given 3 months investment horizon. Science Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the fund had a 0.28% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Science Technology Fund, which you can use to evaluate the volatility of the fund. Please review Science Technology's Risk Adjusted Performance of 0.1659, semi deviation of 1.06, and Coefficient Of Variation of 456.2 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.95, which indicates possible diversification benefits within a given portfolio. Science Technology returns are very sensitive to returns on the market. As the market goes up or down, Science Technology is expected to follow.

Auto-correlation

    
  -0.25  

Weak reverse predictability

Science Technology Fund has weak reverse predictability. Overlapping area represents the amount of predictability between Science Technology time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Science Technology price movement. The serial correlation of -0.25 indicates that over 25.0% of current Science Technology price fluctuation can be explain by its past prices.
Correlation Coefficient-0.25
Spearman Rank Test-0.09
Residual Average0.0
Price Variance0.36

Science Technology lagged returns against current returns

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

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

Science Technology Lagged Returns

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

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