Large Pany Value Fund Market Value
| ALVDX Fund | USD 10.28 0.09 0.88% |
| Symbol | Large |
Large Company '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 Large Company'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 Large Company.
| 01/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Large Company on January 25, 2024 and sell it all today you would earn a total of 0.00 from holding Large Pany Value or generate 0.0% return on investment in Large Company over 90 days. Large Company is related to or competes with Mid Cap, Equity Growth, Diversified Bond, Emerging Markets, Short Term, Ultra Fund, and Select Fund. Under normal market conditions, the portfolio managers will invest at least 80 percent of the funds assets in securities... More
Large Company 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 Large Company'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 Large Pany Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6499 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.1 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 1.01 |
Large Company Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Large Company's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Large Company's standard deviation. In reality, there are many statistical measures that can use Large Company historical prices to predict the future Large Company's volatility.| Risk Adjusted Performance | 0.061 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0649 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Large Company'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.
Large Pany Value Backtested Returns
We consider Large Company very steady. Large Pany Value has Sharpe Ratio of 0.0708, which conveys that the entity had a 0.0708% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Large Company, which you can use to evaluate the volatility of the fund. Please verify Large Company's Mean Deviation of 0.4582, downside deviation of 0.6499, and Risk Adjusted Performance of 0.061 to check out if the risk estimate we provide is consistent with the expected return of 0.0414%. The fund secures a Beta (Market Risk) of 0.75, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Large Company's returns are expected to increase less than the market. However, during the bear market, the loss of holding Large Company is expected to be smaller as well.
Auto-correlation | -0.48 |
Modest reverse predictability
Large Pany Value has modest reverse predictability. Overlapping area represents the amount of predictability between Large Company time series from 25th of January 2024 to 10th of March 2024 and 10th of March 2024 to 24th of April 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 Large Pany Value price movement. The serial correlation of -0.48 indicates that about 48.0% of current Large Company price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Large Pany Value lagged returns against current returns
Autocorrelation, which is Large Company 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 Large Company's mutual fund expected returns. We can calculate the autocorrelation of Large Company returns to help us make a trade decision. For example, suppose you find that Large Company 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 |
Large Company 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 Large Company mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Large Company mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Large Company mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Large Company Lagged Returns
When evaluating Large Company's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Large Company mutual fund have on its future price. Large Company 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, Large Company autocorrelation shows the relationship between Large Company mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Large Pany Value.
Regressed Prices |
| Timeline |
Pair Trading with Large Company
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Large Company position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Large Company will appreciate offsetting losses from the drop in the long position's value.Moving together with Large Mutual Fund
| 0.76 | TWCCX | Ultra Fund C | PairCorr |
| 0.74 | TWCAX | Select Fund A | PairCorr |
| 0.74 | TWCGX | Growth Fund Investor | PairCorr |
The ability to find closely correlated positions to Large Company could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Large Company when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Large Company - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Large Pany Value to buy it.
The correlation of Large Company is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Large Company moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Large Pany Value moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Large Company can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Large Company Correlation, Large Company Volatility and Large Company Alpha and Beta module to complement your research on Large Company. Note that the Large Pany Value information on this page should be used as a complementary analysis to other Large Company's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Large Company technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.