Dnp Selectome Fund Market Value
| XDNPX Fund | USD 9.01 0.02 0.22% |
| Symbol | Dnp |
Please note, there is a significant difference between Dnp Selectome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dnp Selectome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dnp Selectome'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.
Dnp Selectome '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 Dnp Selectome'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 Dnp Selectome.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in Dnp Selectome on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Dnp Selectome or generate 0.0% return on investment in Dnp Selectome over 90 days. Dnp Selectome is related to or competes with Transamerica Cleartrack, Retirement Living, Pgim Conservative, Saat Moderate, Target Retirement, and Voya Target. Dnp Selectome is entity of United States More
Dnp Selectome 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 Dnp Selectome'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 Dnp Selectome upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0589 | |||
| Maximum Drawdown | 4.81 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 1.46 |
Dnp Selectome Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dnp Selectome's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dnp Selectome's standard deviation. In reality, there are many statistical measures that can use Dnp Selectome historical prices to predict the future Dnp Selectome's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.0985 | |||
| Treynor Ratio | 0.258 |
Dnp Selectome Backtested Returns
At this stage we consider Dnp Mutual Fund to be not too volatile. Dnp Selectome secures Sharpe Ratio (or Efficiency) of 0.0286, which denotes the fund had a 0.0286 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Dnp Selectome, which you can use to evaluate the volatility of the entity. Please confirm Dnp Selectome's Mean Deviation of 0.7942, variance of 1.12, and Standard Deviation of 1.06 to check if the risk estimate we provide is consistent with the expected return of 0.0297%. The fund shows a Beta (market volatility) of -0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dnp Selectome are expected to decrease at a much lower rate. During the bear market, Dnp Selectome is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Dnp Selectome has no correlation between past and present. Overlapping area represents the amount of predictability between Dnp Selectome time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th of March 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 Dnp Selectome price movement. The serial correlation of 0.0 indicates that just 0.0% of current Dnp Selectome price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Dnp Selectome lagged returns against current returns
Autocorrelation, which is Dnp Selectome 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 Dnp Selectome's mutual fund expected returns. We can calculate the autocorrelation of Dnp Selectome returns to help us make a trade decision. For example, suppose you find that Dnp Selectome 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 |
Dnp Selectome 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 Dnp Selectome mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dnp Selectome mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dnp Selectome mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dnp Selectome Lagged Returns
When evaluating Dnp Selectome's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dnp Selectome mutual fund have on its future price. Dnp Selectome 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, Dnp Selectome autocorrelation shows the relationship between Dnp Selectome mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dnp Selectome.
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 Dnp Mutual Fund
Dnp Selectome financial ratios help investors to determine whether Dnp 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 Dnp with respect to the benefits of owning Dnp Selectome security.
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