International Fund International Fund Market Value
| UIIFX Fund | USD 26.28 0.01 0.04% |
| Symbol | International |
International 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 International 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 International Fund.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in International Fund on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding International Fund International or generate 0.0% return on investment in International Fund over 30 days. International Fund is related to or competes with Vanguard Total, Vanguard Developed, and Fidelity International. The fund normally invests at least 80 percent of its assets in equity securities of foreign companies More
International 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 International 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 International Fund International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7695 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 2.85 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.09 |
International Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Fund's standard deviation. In reality, there are many statistical measures that can use International Fund historical prices to predict the future International Fund's volatility.| Risk Adjusted Performance | 0.0449 | |||
| Jensen Alpha | 0.0323 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.3903 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International 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.
International Fund Backtested Returns
We consider International Fund very steady. International Fund holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for International Fund, which you can use to evaluate the volatility of the entity. Please check out International Fund's Market Risk Adjusted Performance of 0.4003, risk adjusted performance of 0.0449, and Downside Deviation of 0.7695 to validate if the risk estimate we provide is consistent with the expected return of 0.0652%. The fund retains a Market Volatility (i.e., Beta) of 0.0938, which attests to not very significant fluctuations relative to the market. As returns on the market increase, International Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding International Fund is expected to be smaller as well.
Auto-correlation | 0.11 |
Insignificant predictability
International Fund International has insignificant predictability. Overlapping area represents the amount of predictability between International 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 International Fund price movement. The serial correlation of 0.11 indicates that less than 11.0% of current International Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
International Fund lagged returns against current returns
Autocorrelation, which is International 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 International Fund's mutual fund expected returns. We can calculate the autocorrelation of International Fund returns to help us make a trade decision. For example, suppose you find that International 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 |
International 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 International Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International 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 International Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
International Fund Lagged Returns
When evaluating International Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Fund mutual fund have on its future price. International 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, International Fund autocorrelation shows the relationship between International Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in International Fund International.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards International Fund in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, International Fund's short interest history, or implied volatility extrapolated from International Fund options trading.
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.Check out International Fund Correlation, International Fund Volatility and International Fund Alpha and Beta module to complement your research on International Fund. Note that the International Fund information on this page should be used as a complementary analysis to other International Fund'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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
International 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.