Ivy Core Backtesting

WCEAX -- USA Fund  

USD 13.70  0.36  2.56%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Ivy Core Equity Fund Class A and determine expected loss or profit from investing in Ivy Core over given investment horizon. See also Ivy Core Hype Analysis, Ivy Core Correlation, Portfolio Optimization, Ivy Core Volatility as well as analyze Ivy Core Alpha and Beta and Ivy Core Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Ivy Core 'What if' Analysis

June 26, 2019
0.00
No Change 0.00  0.0%
In 2 months and 2 days
August 25, 2019
0.00
If you would invest  0.00  in Ivy Core on June 26, 2019 and sell it all today you would earn a total of 0.00 from holding Ivy Core Equity Fund Class A or generate 0.0% return on investment in Ivy Core over 60 days. Ivy Core is related to or competes with AMCAP Fund, T Rowe, Harbor Capital, Fidelity Advisor, Vanguard U, MFS Growth, and New Economy. The fund seeks to achieve its objective by investing, under normal circumstances, at least 80 percent of its net assets ...

Ivy Core Upside/Downside Indicators

Downside Deviation2.08
Information Ratio0.06
Maximum Drawdown8.08
Value At Risk(2.29)
Potential Upside2.05

Ivy Core Market Premium Indicators

Risk Adjusted Performance0.0105
Jensen Alpha0.1506
Total Risk Alpha0.1735
Sortino Ratio0.0488
Treynor Ratio6.0E-4

Ivy Core Equity Backtested Returns

Macroaxis considers Ivy Core to be somewhat reliable. Ivy Core Equity holds Efficiency (Sharpe) Ratio of -0.0273 which attests that the entity had -0.0273% of return per unit of risk over the last 2 months. Macroaxis philosophy towards determining risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Ivy Core Equity exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Ivy Core Risk Adjusted Performance of 0.0105, Downside Deviation of 2.08 and Market Risk Adjusted Performance of 0.0106 to validate risk estimate we provide. The fund retains Market Volatility (i.e. Beta) of 1.4896 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Ivy Core will likely underperform. Even though it is essential to pay attention to Ivy Core Equity current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Ivy Core Equity exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.59) 
correlation synergy

Good reverse predictability

Ivy Core Equity Fund Class A has good reverse predictability. Overlapping area represents the amount of predictability between Ivy Core time series from June 26, 2019 to July 26, 2019 and July 26, 2019 to August 25, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ivy Core Equity price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Ivy Core price fluctuation can be explain by its past prices. Given that Ivy Core Equity Fund Class A has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Ivy Core for similar time interval.
Correlation Coefficient-0.59
Spearman Rank Test-0.37
Residual Average0.0
Price Variance0.1

Ivy Core Equity lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Ivy Core regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Ivy Core Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - WCEAX

Ivy Core Equity Investor Sentiment

Macroaxis portfolio users are unemotional in their outlook on investing in Ivy Core Equity Fund Class A. What is your judgment towards investing in Ivy Core Equity Fund Class A? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Also Currentnly Active

Purchased over 50 shares of
few hours ago
Traded for 1.0
Purchased over 50 shares of
few hours ago
Traded for 1.0
Purchased over 10K shares of
few hours ago
Traded for 1.0
See also Ivy Core Hype Analysis, Ivy Core Correlation, Portfolio Optimization, Ivy Core Volatility as well as analyze Ivy Core Alpha and Beta and Ivy Core Performance. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Search macroaxis.com