Valic Company I Fund Market Value
| VCBDX Fund | USD 9.52 0.01 0.11% |
| Symbol | Valic |
Valic Company '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 Valic Company'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 Valic Company.
| 11/30/2023 |
| 05/28/2024 |
If you would invest 0.00 in Valic Company on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Valic Company I or generate 0.0% return on investment in Valic Company over 180 days. Valic Company is related to or competes with Alternative Asset, Growth Fund, Rbb Fund, Artisan Thematic, Ab Global, Semiconductor Ultrasector, and Auer Growth. The fund invests, under normal circumstances, at least 80 percent of net assets in medium- to high-quality fixed-income ... More
Valic Company 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 Valic Company'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 Valic Company I upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8062 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.29 | |||
| Value At Risk | (0.73) | |||
| Potential Upside | 0.5302 |
Valic Company Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Valic Company's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Valic Company's standard deviation. In reality, there are many statistical measures that can use Valic Company historical prices to predict the future Valic Company's volatility.| Risk Adjusted Performance | 0.0094 | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0065 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Valic Company'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.
Valic Company I Backtested Returns
We consider Valic Company very steady. Valic Company I owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0127, which indicates the fund had a 0.0127% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Valic Company I, which you can use to evaluate the volatility of the fund. Please validate Valic Company's Coefficient Of Variation of 7862.94, semi deviation of 0.6913, and Risk Adjusted Performance of 0.0094 to confirm if the risk estimate we provide is consistent with the expected return of 0.0093%. The entity has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Valic Company are expected to decrease at a much lower rate. During the bear market, Valic Company is likely to outperform the market.
Auto-correlation | -0.23 |
Weak reverse predictability
Valic Company I has weak reverse predictability. Overlapping area represents the amount of predictability between Valic Company time series from 30th of November 2023 to 28th of February 2024 and 28th of February 2024 to 28th of May 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 Valic Company I price movement. The serial correlation of -0.23 indicates that over 23.0% of current Valic Company price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Valic Company I lagged returns against current returns
Autocorrelation, which is Valic Company 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 Valic Company's mutual fund expected returns. We can calculate the autocorrelation of Valic Company returns to help us make a trade decision. For example, suppose you find that Valic Company 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 |
Valic Company 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 Valic Company mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Valic Company mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Valic Company mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Valic Company Lagged Returns
When evaluating Valic Company's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Valic Company mutual fund have on its future price. Valic Company 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, Valic Company autocorrelation shows the relationship between Valic Company mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Valic Company I.
Regressed Prices |
| Timeline |
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 Valic Company Correlation, Valic Company Volatility and Valic Company Alpha and Beta module to complement your research on Valic Company. Note that the Valic Company I information on this page should be used as a complementary analysis to other Valic Company'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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Valic Company 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.