The Teberg Fund Market Value
| TEBRX Fund | USD 21.93 0.34 1.53% |
| Symbol | Teberg |
Teberg Fund '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 Teberg Fund'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 Teberg Fund.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in Teberg Fund on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding The Teberg Fund or generate 0.0% return on investment in Teberg Fund over 30 days. Teberg Fund is related to or competes with Pimco All, All Asset, All Asset, All Asset, Pimco All, Pimco All, and Invesco Balanced. The fund invests its assets primarily in shares of any number of other no-load and load-waived mutual funds, which may i... More
Teberg Fund 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 Teberg Fund'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 Teberg Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.23 | |||
| Information Ratio | 0.0647 | |||
| Maximum Drawdown | 5.94 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.83 |
Teberg Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Teberg Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teberg Fund's standard deviation. In reality, there are many statistical measures that can use Teberg Fund historical prices to predict the future Teberg Fund's volatility.| Risk Adjusted Performance | 0.0765 | |||
| Jensen Alpha | 0.0602 | |||
| Total Risk Alpha | 0.0372 | |||
| Sortino Ratio | 0.0586 | |||
| Treynor Ratio | 0.0932 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Teberg Fund'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.
Teberg Fund Backtested Returns
We consider Teberg Fund very steady. Teberg Fund owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.072, which indicates the fund had a 0.072% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Teberg Fund, which you can use to evaluate the volatility of the fund. Please validate Teberg Fund's Risk Adjusted Performance of 0.0765, coefficient of variation of 873.59, and Semi Deviation of 1.04 to confirm if the risk estimate we provide is consistent with the expected return of 0.0784%. The entity has a beta of 1.26, 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, Teberg Fund will likely underperform.
Auto-correlation | -0.28 |
Weak reverse predictability
The Teberg Fund has weak reverse predictability. Overlapping area represents the amount of predictability between Teberg Fund time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th 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 Teberg Fund price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Teberg Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Teberg Fund lagged returns against current returns
Autocorrelation, which is Teberg Fund 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 Teberg Fund's mutual fund expected returns. We can calculate the autocorrelation of Teberg Fund returns to help us make a trade decision. For example, suppose you find that Teberg Fund 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 |
Teberg Fund 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 Teberg Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teberg Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teberg Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Teberg Fund Lagged Returns
When evaluating Teberg Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teberg Fund mutual fund have on its future price. Teberg Fund 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, Teberg Fund autocorrelation shows the relationship between Teberg Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Teberg Fund.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Teberg Fund Correlation, Teberg Fund Volatility and Teberg Fund Alpha and Beta module to complement your research on Teberg Fund. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Teberg Fund 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.