Villere Balanced Fund Market Value
| VILLX Fund | USD 19.87 0.14 0.70% |
| Symbol | Villere |
Villere Balanced '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 Villere Balanced'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 Villere Balanced.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in Villere Balanced on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding Villere Balanced Fund or generate 0.0% return on investment in Villere Balanced over 30 days. Villere Balanced is related to or competes with Buffalo Flexible, James Balanced, Mairs Power, Amg Yacktman, and Hennessy Gas. The fund invests in a combination of common stocks of domestic companies with a minimum market capitalization of 150 mil... More
Villere Balanced 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 Villere Balanced'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 Villere Balanced Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.655 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.21 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 1.17 |
Villere Balanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Villere Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Villere Balanced's standard deviation. In reality, there are many statistical measures that can use Villere Balanced historical prices to predict the future Villere Balanced's volatility.| Risk Adjusted Performance | 0.0164 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0077 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Villere Balanced'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.
Villere Balanced Backtested Returns
We consider Villere Balanced very steady. Villere Balanced owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0377, which indicates the fund had a 0.0377% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Villere Balanced Fund, which you can use to evaluate the volatility of the fund. Please validate Villere Balanced's Risk Adjusted Performance of 0.0164, semi deviation of 0.6096, and Coefficient Of Variation of 3902.55 to confirm if the risk estimate we provide is consistent with the expected return of 0.0246%. The entity has a beta of 0.86, which indicates possible diversification benefits within a given portfolio. Villere Balanced returns are very sensitive to returns on the market. As the market goes up or down, Villere Balanced is expected to follow.
Auto-correlation | 0.07 |
Virtually no predictability
Villere Balanced Fund has virtually no predictability. Overlapping area represents the amount of predictability between Villere Balanced 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 Villere Balanced price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Villere Balanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Villere Balanced lagged returns against current returns
Autocorrelation, which is Villere Balanced 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 Villere Balanced's mutual fund expected returns. We can calculate the autocorrelation of Villere Balanced returns to help us make a trade decision. For example, suppose you find that Villere Balanced 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 |
Villere Balanced 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 Villere Balanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Villere Balanced mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Villere Balanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Villere Balanced Lagged Returns
When evaluating Villere Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Villere Balanced mutual fund have on its future price. Villere Balanced 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, Villere Balanced autocorrelation shows the relationship between Villere Balanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Villere Balanced Fund.
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 Villere Balanced 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, Villere Balanced's short interest history, or implied volatility extrapolated from Villere Balanced 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 Villere Balanced Correlation, Villere Balanced Volatility and Villere Balanced Alpha and Beta module to complement your research on Villere Balanced. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Villere Balanced 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.