Largecap Sp 500 Fund Market Value
| PLFIX Fund | USD 25.01 0.25 1.01% |
| Symbol | Largecap |
Largecap '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 Largecap'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 Largecap.
| 03/29/2024 |
| 04/28/2024 |
If you would invest 0.00 in Largecap on March 29, 2024 and sell it all today you would earn a total of 0.00 from holding Largecap Sp 500 or generate 0.0% return on investment in Largecap over 30 days. Largecap is related to or competes with Calvert Equity, Calvert Small, Calvert Large, and Calvert Balanced. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Largecap 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 Largecap'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 Largecap Sp 500 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7011 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.12 |
Largecap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Largecap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Largecap's standard deviation. In reality, there are many statistical measures that can use Largecap historical prices to predict the future Largecap's volatility.| Risk Adjusted Performance | 0.0666 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0681 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Largecap'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.
Largecap Sp 500 Backtested Returns
We consider Largecap very steady. Largecap Sp 500 has Sharpe Ratio of 0.0815, which conveys that the entity had a 0.0815% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Largecap, which you can use to evaluate the volatility of the fund. Please verify Largecap's Mean Deviation of 0.5916, risk adjusted performance of 0.0666, and Downside Deviation of 0.7011 to check out if the risk estimate we provide is consistent with the expected return of 0.0614%. The fund secures a Beta (Market Risk) of 1.0, which conveys possible diversification benefits within a given portfolio. Largecap returns are very sensitive to returns on the market. As the market goes up or down, Largecap is expected to follow.
Auto-correlation | -0.48 |
Modest reverse predictability
Largecap Sp 500 has modest reverse predictability. Overlapping area represents the amount of predictability between Largecap time series from 29th of March 2024 to 13th of April 2024 and 13th of April 2024 to 28th 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 Largecap Sp 500 price movement. The serial correlation of -0.48 indicates that about 48.0% of current Largecap price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Largecap Sp 500 lagged returns against current returns
Autocorrelation, which is Largecap 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 Largecap's mutual fund expected returns. We can calculate the autocorrelation of Largecap returns to help us make a trade decision. For example, suppose you find that Largecap 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 |
Largecap 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 Largecap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Largecap mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Largecap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Largecap Lagged Returns
When evaluating Largecap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Largecap mutual fund have on its future price. Largecap 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, Largecap autocorrelation shows the relationship between Largecap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Largecap Sp 500.
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 Largecap 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, Largecap's short interest history, or implied volatility extrapolated from Largecap options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Largecap Sp 500 using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Largecap Correlation, Largecap Volatility and Largecap Alpha and Beta module to complement your research on Largecap. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Largecap 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.