Ddj Opportunistic High Fund Market Value

DDJRX Fund  USD 7.27  0.01  0.14%   
Ddj Opportunistic's market value is the price at which a share of Ddj Opportunistic trades on a public exchange. It measures the collective expectations of Ddj Opportunistic High investors about its performance. Ddj Opportunistic is trading at 7.27 as of the 5th of December 2024; that is 0.14 percent increase since the beginning of the trading day. The fund's open price was 7.26.
With this module, you can estimate the performance of a buy and hold strategy of Ddj Opportunistic High and determine expected loss or profit from investing in Ddj Opportunistic over a given investment horizon. Check out Ddj Opportunistic Correlation, Ddj Opportunistic Volatility and Ddj Opportunistic Alpha and Beta module to complement your research on Ddj Opportunistic.
Symbol

Please note, there is a significant difference between Ddj Opportunistic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ddj Opportunistic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ddj Opportunistic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ddj Opportunistic '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 Ddj Opportunistic'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 Ddj Opportunistic.
0.00
12/16/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/05/2024
0.00
If you would invest  0.00  in Ddj Opportunistic on December 16, 2022 and sell it all today you would earn a total of 0.00 from holding Ddj Opportunistic High or generate 0.0% return on investment in Ddj Opportunistic over 720 days. Ddj Opportunistic is related to or competes with Prnpl Inv, Polen Global, Polen Global, Polen International, Polen International, Polen Growth, and Polen Growth. The fund invests in fixed- and floating-rate high yield fixed income securities with a focus on middle market issuers in... More

Ddj Opportunistic 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 Ddj Opportunistic'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 Ddj Opportunistic High upside and downside potential and time the market with a certain degree of confidence.

Ddj Opportunistic Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ddj Opportunistic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ddj Opportunistic's standard deviation. In reality, there are many statistical measures that can use Ddj Opportunistic historical prices to predict the future Ddj Opportunistic's volatility.
Hype
Prediction
LowEstimatedHigh
7.147.277.40
Details
Intrinsic
Valuation
LowRealHigh
6.556.688.00
Details
Naive
Forecast
LowNextHigh
7.117.257.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.267.277.28
Details

Ddj Opportunistic High Backtested Returns

At this stage we consider DDJ Mutual Fund to be very steady. Ddj Opportunistic High secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Ddj Opportunistic High, which you can use to evaluate the volatility of the entity. Please confirm Ddj Opportunistic's Coefficient Of Variation of 897.77, standard deviation of 0.1326, and Mean Deviation of 0.0905 to check if the risk estimate we provide is consistent with the expected return of 0.0154%. The fund shows a Beta (market volatility) of 0.0509, which means not very significant fluctuations relative to the market. As returns on the market increase, Ddj Opportunistic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ddj Opportunistic is expected to be smaller as well.

Auto-correlation

    
  0.91  

Excellent predictability

Ddj Opportunistic High has excellent predictability. Overlapping area represents the amount of predictability between Ddj Opportunistic time series from 16th of December 2022 to 11th of December 2023 and 11th of December 2023 to 5th of December 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 Ddj Opportunistic High price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Ddj Opportunistic price fluctuation can be explain by its past prices.
Correlation Coefficient0.91
Spearman Rank Test0.9
Residual Average0.0
Price Variance0.03

Ddj Opportunistic High lagged returns against current returns

Autocorrelation, which is Ddj Opportunistic 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 Ddj Opportunistic's mutual fund expected returns. We can calculate the autocorrelation of Ddj Opportunistic returns to help us make a trade decision. For example, suppose you find that Ddj Opportunistic 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  

Ddj Opportunistic 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 Ddj Opportunistic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ddj Opportunistic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ddj Opportunistic mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Ddj Opportunistic Lagged Returns

When evaluating Ddj Opportunistic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ddj Opportunistic mutual fund have on its future price. Ddj Opportunistic 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, Ddj Opportunistic autocorrelation shows the relationship between Ddj Opportunistic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ddj Opportunistic High.
   Regressed Prices   
       Timeline  

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Other Information on Investing in DDJ Mutual Fund

Ddj Opportunistic financial ratios help investors to determine whether DDJ Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DDJ with respect to the benefits of owning Ddj Opportunistic security.
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