The Henssler Equity Fund Market Value
| HEQCX Fund | USD 5.24 0.07 1.35% |
| Symbol | The |
The Henssler '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 The Henssler'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 The Henssler.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in The Henssler on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding The Henssler Equity or generate 0.0% return on investment in The Henssler over 30 days. The Henssler is related to or competes with Government Street, Federated Mdt, Janus Enterprise, Victory Integrity, and Virtus Kar. The fund seeks to achieve its objective by investing substantially all its assets in securities listed on a national sec... More
The Henssler 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 The Henssler'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 The Henssler Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.84 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.35 |
The Henssler Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for The Henssler's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as The Henssler's standard deviation. In reality, there are many statistical measures that can use The Henssler historical prices to predict the future The Henssler's volatility.| Risk Adjusted Performance | 0.0281 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.02 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of The Henssler'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.
Henssler Equity Backtested Returns
We consider The Henssler not too volatile. Henssler Equity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0283, which indicates the fund had a 0.0283% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Henssler Equity, which you can use to evaluate the volatility of the fund. Please validate The Henssler's Coefficient Of Variation of 2487.55, semi deviation of 0.9149, and Risk Adjusted Performance of 0.0281 to confirm if the risk estimate we provide is consistent with the expected return of 0.0258%. The entity has a beta of 1.31, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, the Henssler will likely underperform.
Auto-correlation | 0.17 |
Very weak predictability
The Henssler Equity has very weak predictability. Overlapping area represents the amount of predictability between The Henssler time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Henssler Equity price movement. The serial correlation of 0.17 indicates that over 17.0% of current The Henssler price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Henssler Equity lagged returns against current returns
Autocorrelation, which is The Henssler 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 The Henssler's mutual fund expected returns. We can calculate the autocorrelation of The Henssler returns to help us make a trade decision. For example, suppose you find that The Henssler 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 |
The Henssler 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 The Henssler mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if The Henssler mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in The Henssler mutual fund over time.
Current vs Lagged Prices |
| Timeline |
The Henssler Lagged Returns
When evaluating The Henssler's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of The Henssler mutual fund have on its future price. The Henssler 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, The Henssler autocorrelation shows the relationship between The Henssler mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Henssler Equity.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out The Henssler Correlation, The Henssler Volatility and The Henssler Alpha and Beta module to complement your research on The Henssler. Note that the Henssler Equity information on this page should be used as a complementary analysis to other The Henssler'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The Henssler 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.