Ninety One International Fund Market Value
| ZIFIX Fund | USD 11.29 0.05 0.44% |
| Symbol | Ninety |
Ninety One '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 Ninety One'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 Ninety One.
| 03/09/2024 |
| 03/04/2025 |
If you would invest 0.00 in Ninety One on March 9, 2024 and sell it all today you would earn a total of 0.00 from holding Ninety One International or generate 0.0% return on investment in Ninety One over 360 days. Ninety One is related to or competes with Franklin Adjustable, Us Government, Us Government, Lord Abbett, Ab Municipal, Us Government, and Virtus Seix. Under normal circumstances, the adviser seeks to achieve the funds investment objective by investing primarily in intern... More
Ninety One 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 Ninety One'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 Ninety One International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7792 | |||
| Information Ratio | 0.2384 | |||
| Maximum Drawdown | 3.47 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.25 |
Ninety One Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ninety One's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ninety One's standard deviation. In reality, there are many statistical measures that can use Ninety One historical prices to predict the future Ninety One's volatility.| Risk Adjusted Performance | 0.1254 | |||
| Jensen Alpha | 0.1003 | |||
| Total Risk Alpha | 0.1695 | |||
| Sortino Ratio | 0.2204 | |||
| Treynor Ratio | (0.62) |
Ninety One International Backtested Returns
At this stage we consider Ninety Mutual Fund to be very steady. Ninety One International has Sharpe Ratio of 0.11, which conveys that the entity had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ninety One, which you can use to evaluate the volatility of the fund. Please verify Ninety One's Mean Deviation of 0.5301, risk adjusted performance of 0.1254, and Downside Deviation of 0.7792 to check out if the risk estimate we provide is consistent with the expected return of 0.0827%. The fund secures a Beta (Market Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ninety One are expected to decrease at a much lower rate. During the bear market, Ninety One is likely to outperform the market.
Auto-correlation | 0.20 |
Weak predictability
Ninety One International has weak predictability. Overlapping area represents the amount of predictability between Ninety One time series from 9th of March 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 Ninety One International price movement. The serial correlation of 0.2 indicates that over 20.0% of current Ninety One price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Ninety One International lagged returns against current returns
Autocorrelation, which is Ninety One 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 Ninety One's mutual fund expected returns. We can calculate the autocorrelation of Ninety One returns to help us make a trade decision. For example, suppose you find that Ninety One 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 |
Ninety One 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 Ninety One mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ninety One mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ninety One mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ninety One Lagged Returns
When evaluating Ninety One's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ninety One mutual fund have on its future price. Ninety One 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, Ninety One autocorrelation shows the relationship between Ninety One mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ninety One International.
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 Ninety Mutual Fund
Ninety One financial ratios help investors to determine whether Ninety 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 Ninety with respect to the benefits of owning Ninety One security.
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