Gateway Fund Class Fund Market Value
| GTECX Fund | USD 41.27 0.01 0.02% |
| Symbol | Gateway |
Gateway 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 Gateway 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 Gateway Fund.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Gateway Fund on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Gateway Fund Class or generate 0.0% return on investment in Gateway Fund over 30 days. Gateway Fund is related to or competes with Jpmorgan Hedged, Gateway Fund, Jpmorgan Hedged, Jpmorgan Hedged, and Jpmorgan Hedged. The fund invests in a broadly diversified portfolio of common stocks, while also selling index call options and purchasi... More
Gateway 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 Gateway 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 Gateway Fund Class upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3768 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 1.64 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 0.6037 |
Gateway Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gateway Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gateway Fund's standard deviation. In reality, there are many statistical measures that can use Gateway Fund historical prices to predict the future Gateway Fund's volatility.| Risk Adjusted Performance | 0.0496 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.0495 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gateway 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.
Gateway Fund Class Backtested Returns
We consider Gateway Fund very steady. Gateway Fund Class holds Efficiency (Sharpe) Ratio of 0.0778, which attests that the entity had a 0.0778% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gateway Fund Class, which you can use to evaluate the volatility of the entity. Please check out Gateway Fund's Risk Adjusted Performance of 0.0496, downside deviation of 0.3768, and Market Risk Adjusted Performance of 0.0595 to validate if the risk estimate we provide is consistent with the expected return of 0.0282%. The fund retains a Market Volatility (i.e., Beta) of 0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gateway Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gateway Fund is expected to be smaller as well.
Auto-correlation | 0.41 |
Average predictability
Gateway Fund Class has average predictability. Overlapping area represents the amount of predictability between Gateway Fund time series from 25th of March 2024 to 9th of April 2024 and 9th of April 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 Gateway Fund Class price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Gateway Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Gateway Fund Class lagged returns against current returns
Autocorrelation, which is Gateway 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 Gateway Fund's mutual fund expected returns. We can calculate the autocorrelation of Gateway Fund returns to help us make a trade decision. For example, suppose you find that Gateway 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 |
Gateway 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 Gateway Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gateway 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 Gateway Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gateway Fund Lagged Returns
When evaluating Gateway Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gateway Fund mutual fund have on its future price. Gateway 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, Gateway Fund autocorrelation shows the relationship between Gateway Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gateway Fund Class.
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 Gateway 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, Gateway Fund's short interest history, or implied volatility extrapolated from Gateway Fund options trading.
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Try AI Portfolio ArchitectCheck out Gateway Fund Correlation, Gateway Fund Volatility and Gateway Fund Alpha and Beta module to complement your research on Gateway Fund. Note that the Gateway Fund Class information on this page should be used as a complementary analysis to other Gateway 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Gateway 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.