Fundamental Large Cap Fund Market Value
| TAGRX Fund | USD 65.21 0.83 1.29% |
| Symbol | Fundamental |
Fundamental Large '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 Fundamental Large'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 Fundamental Large.
| 02/24/2024 |
| 04/24/2024 |
If you would invest 0.00 in Fundamental Large on February 24, 2024 and sell it all today you would earn a total of 0.00 from holding Fundamental Large Cap or generate 0.0% return on investment in Fundamental Large over 60 days. Fundamental Large is related to or competes with First Eagle, Precious Metals, The Gold, Goldman Sachs, and Wells Fargo. The fund normally invests at least 80 percent of its net assets in equity securities of large-capitalization companies More
Fundamental Large 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 Fundamental Large'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 Fundamental Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8616 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.15 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.15 |
Fundamental Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fundamental Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fundamental Large's standard deviation. In reality, there are many statistical measures that can use Fundamental Large historical prices to predict the future Fundamental Large's volatility.| Risk Adjusted Performance | 0.0355 | |||
| Jensen Alpha | 0.0262 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.5241 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fundamental Large'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.
Fundamental Large Cap Backtested Returns
We consider Fundamental Large very steady. Fundamental Large Cap secures Sharpe Ratio (or Efficiency) of 0.0539, which denotes the fund had a 0.0539% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fundamental Large Cap, which you can use to evaluate the volatility of the entity. Please confirm Fundamental Large's Downside Deviation of 0.8616, coefficient of variation of 1856.88, and Mean Deviation of 0.5995 to check if the risk estimate we provide is consistent with the expected return of 0.0413%. The fund shows a Beta (market volatility) of 0.0598, which means not very significant fluctuations relative to the market. As returns on the market increase, Fundamental Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fundamental Large is expected to be smaller as well.
Auto-correlation | -0.57 |
Good reverse predictability
Fundamental Large Cap has good reverse predictability. Overlapping area represents the amount of predictability between Fundamental Large time series from 24th of February 2024 to 25th of March 2024 and 25th 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 Fundamental Large Cap price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Fundamental Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.95 |
Fundamental Large Cap lagged returns against current returns
Autocorrelation, which is Fundamental Large 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 Fundamental Large's mutual fund expected returns. We can calculate the autocorrelation of Fundamental Large returns to help us make a trade decision. For example, suppose you find that Fundamental Large 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 |
Fundamental Large 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 Fundamental Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fundamental Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fundamental Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fundamental Large Lagged Returns
When evaluating Fundamental Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fundamental Large mutual fund have on its future price. Fundamental Large 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, Fundamental Large autocorrelation shows the relationship between Fundamental Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fundamental Large Cap.
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 Fundamental Large 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, Fundamental Large's short interest history, or implied volatility extrapolated from Fundamental Large options trading.
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Check out Fundamental Large Correlation, Fundamental Large Volatility and Fundamental Large Alpha and Beta module to complement your research on Fundamental Large. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Fundamental Large 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.