Ing Senior Incm Fund Market Value
| XSIWX Fund | USD 9.61 0.01 0.10% |
| Symbol | Ing |
Ing Senior '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 Ing Senior'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 Ing Senior.
| 02/05/2023 |
| 12/26/2024 |
If you would invest 0.00 in Ing Senior on February 5, 2023 and sell it all today you would earn a total of 0.00 from holding Ing Senior Incm or generate 0.0% return on investment in Ing Senior over 690 days. Ing Senior is related to or competes with Transamerica Financial, Financials Ultrasector, Mesirow Financial, and 1919 Financial. Ing Senior is entity of United States. It is traded as Fund on NASDAQ exchange. More
Ing Senior 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 Ing Senior'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 Ing Senior Incm upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1832 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 1.15 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.2086 |
Ing Senior Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ing Senior's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ing Senior's standard deviation. In reality, there are many statistical measures that can use Ing Senior historical prices to predict the future Ing Senior's volatility.| Risk Adjusted Performance | 0.0223 | |||
| Jensen Alpha | 0.003 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | (0.81) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ing Senior'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.
Ing Senior Incm Backtested Returns
At this stage we consider Ing Mutual Fund to be very steady. Ing Senior Incm holds Efficiency (Sharpe) Ratio of 0.0894, which attests that the entity had a 0.0894% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ing Senior Incm, which you can use to evaluate the volatility of the entity. Please check out Ing Senior's Market Risk Adjusted Performance of (0.80), risk adjusted performance of 0.0223, and Coefficient Of Variation of 1437.25 to validate if the risk estimate we provide is consistent with the expected return of 0.0168%. The fund retains a Market Volatility (i.e., Beta) of -0.0035, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ing Senior are expected to decrease at a much lower rate. During the bear market, Ing Senior is likely to outperform the market.
Auto-correlation | 0.93 |
Excellent predictability
Ing Senior Incm has excellent predictability. Overlapping area represents the amount of predictability between Ing Senior time series from 5th of February 2023 to 16th of January 2024 and 16th of January 2024 to 26th 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 Ing Senior Incm price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Ing Senior price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Ing Senior Incm lagged returns against current returns
Autocorrelation, which is Ing Senior 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 Ing Senior's mutual fund expected returns. We can calculate the autocorrelation of Ing Senior returns to help us make a trade decision. For example, suppose you find that Ing Senior 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 |
Ing Senior 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 Ing Senior mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ing Senior mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ing Senior mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ing Senior Lagged Returns
When evaluating Ing Senior's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ing Senior mutual fund have on its future price. Ing Senior 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, Ing Senior autocorrelation shows the relationship between Ing Senior mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ing Senior Incm.
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 Ing Mutual Fund
Ing Senior financial ratios help investors to determine whether Ing 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 Ing with respect to the benefits of owning Ing Senior security.
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