Zacks Dividend Fund Market Value

ZDIIX Fund  USD 27.45  0.13  0.47%   
Zacks Dividend's market value is the price at which a share of Zacks Dividend trades on a public exchange. It measures the collective expectations of Zacks Dividend Fund investors about its performance. Zacks Dividend is trading at 27.45 as of the 5th of December 2024; that is 0.47 percent down since the beginning of the trading day. The fund's open price was 27.58.
With this module, you can estimate the performance of a buy and hold strategy of Zacks Dividend Fund and determine expected loss or profit from investing in Zacks Dividend over a given investment horizon. Check out Zacks Dividend Correlation, Zacks Dividend Volatility and Zacks Dividend Alpha and Beta module to complement your research on Zacks Dividend.
Symbol

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

Zacks Dividend '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 Zacks Dividend'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 Zacks Dividend.
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 Zacks Dividend on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Zacks Dividend Fund or generate 0.0% return on investment in Zacks Dividend over 30 days. Zacks Dividend is related to or competes with Champlain Small, Ab Small, Touchstone Small, Massmutual Select, Fisher Investments, and Glg Intl. The fund will invest at least 80 percent of its net assets plus borrowings for investment purposes in equity securities ... More

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

Zacks Dividend Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Zacks Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zacks Dividend's standard deviation. In reality, there are many statistical measures that can use Zacks Dividend historical prices to predict the future Zacks Dividend's volatility.
Hype
Prediction
LowEstimatedHigh
26.8327.4528.07
Details
Intrinsic
Valuation
LowRealHigh
26.6827.3027.92
Details

Zacks Dividend Backtested Returns

At this stage we consider Zacks Mutual Fund to be very steady. Zacks Dividend shows Sharpe Ratio of 0.18, which attests that the fund had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Zacks Dividend, which you can use to evaluate the volatility of the fund. Please check out Zacks Dividend's Mean Deviation of 0.4848, downside deviation of 0.49, and Market Risk Adjusted Performance of 0.1037 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. The entity maintains a market beta of 0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Zacks Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zacks Dividend is expected to be smaller as well.

Auto-correlation

    
  0.66  

Good predictability

Zacks Dividend Fund has good predictability. Overlapping area represents the amount of predictability between Zacks Dividend 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 Zacks Dividend price movement. The serial correlation of 0.66 indicates that around 66.0% of current Zacks Dividend price fluctuation can be explain by its past prices.
Correlation Coefficient0.66
Spearman Rank Test0.25
Residual Average0.0
Price Variance0.06

Zacks Dividend lagged returns against current returns

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

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

Zacks Dividend Lagged Returns

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

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Other Information on Investing in Zacks Mutual Fund

Zacks Dividend financial ratios help investors to determine whether Zacks 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 Zacks with respect to the benefits of owning Zacks Dividend security.
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