Tomorrows Scholar College Fund Market Value
| VWTKX Fund | USD 60.11 1.11 1.88% |
| Symbol | Tomorrows |
Please note, there is a significant difference between Tomorrows Scholar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tomorrows Scholar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tomorrows Scholar'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.
Tomorrows Scholar '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 Tomorrows Scholar'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 Tomorrows Scholar.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Tomorrows Scholar on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Tomorrows Scholar College or generate 0.0% return on investment in Tomorrows Scholar over 30 days. Tomorrows Scholar is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Tomorrows Scholar is entity of United States More
Tomorrows Scholar 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 Tomorrows Scholar'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 Tomorrows Scholar College upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.2162 | |||
| Maximum Drawdown | 4.88 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.93 |
Tomorrows Scholar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tomorrows Scholar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tomorrows Scholar's standard deviation. In reality, there are many statistical measures that can use Tomorrows Scholar historical prices to predict the future Tomorrows Scholar's volatility.| Risk Adjusted Performance | 0.1979 | |||
| Jensen Alpha | 0.2226 | |||
| Total Risk Alpha | 0.2017 | |||
| Sortino Ratio | 0.177 | |||
| Treynor Ratio | 2.21 |
Tomorrows Scholar College Backtested Returns
Tomorrows Scholar appears to be very steady, given 3 months investment horizon. Tomorrows Scholar College owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the fund had a 0.23% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tomorrows Scholar College, which you can use to evaluate the volatility of the fund. Please review Tomorrows Scholar's Coefficient Of Variation of 405.06, risk adjusted performance of 0.1979, and Semi Deviation of 0.5184 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tomorrows Scholar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tomorrows Scholar is expected to be smaller as well.
Auto-correlation | 0.86 |
Very good predictability
Tomorrows Scholar College has very good predictability. Overlapping area represents the amount of predictability between Tomorrows Scholar time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 Tomorrows Scholar College price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Tomorrows Scholar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
Tomorrows Scholar College lagged returns against current returns
Autocorrelation, which is Tomorrows Scholar 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 Tomorrows Scholar's mutual fund expected returns. We can calculate the autocorrelation of Tomorrows Scholar returns to help us make a trade decision. For example, suppose you find that Tomorrows Scholar 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 |
Tomorrows Scholar 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 Tomorrows Scholar mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tomorrows Scholar mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tomorrows Scholar mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tomorrows Scholar Lagged Returns
When evaluating Tomorrows Scholar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tomorrows Scholar mutual fund have on its future price. Tomorrows Scholar 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, Tomorrows Scholar autocorrelation shows the relationship between Tomorrows Scholar mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tomorrows Scholar College.
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 Tomorrows Mutual Fund
Tomorrows Scholar financial ratios help investors to determine whether Tomorrows 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 Tomorrows with respect to the benefits of owning Tomorrows Scholar security.
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