Us High Relative Fund Market Value
| DURPX Fund | USD 24.77 0.25 1.00% |
| Symbol | DURPX |
Us High '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 Us High'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 Us High.
| 07/02/2024 |
| 12/29/2024 |
If you would invest 0.00 in Us High on July 2, 2024 and sell it all today you would earn a total of 0.00 from holding Us High Relative or generate 0.0% return on investment in Us High over 180 days. Us High is related to or competes with International, Emerging Markets, Dfa Five, Us Vector, and Dfa Real. Under normal circumstances, the portfolio will invest at least 80 percent of its net assets in securities of U.S More
Us High 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 Us High'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 Us High Relative upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7191 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 4.75 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.07 |
Us High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Us High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Us High's standard deviation. In reality, there are many statistical measures that can use Us High historical prices to predict the future Us High's volatility.| Risk Adjusted Performance | 0.032 | |||
| Jensen Alpha | 0.0155 | |||
| Total Risk Alpha | (0.0002) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.104 |
Us High Relative Backtested Returns
At this stage we consider DURPX Mutual Fund to be very steady. Us High Relative retains Efficiency (Sharpe Ratio) of 0.0282, which indicates the fund had a 0.0282% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Us High, which you can use to evaluate the volatility of the fund. Please validate Us High's Mean Deviation of 0.5332, downside deviation of 0.7191, and Risk Adjusted Performance of 0.032 to confirm if the risk estimate we provide is consistent with the expected return of 0.0203%. The entity owns a Beta (Systematic Risk) of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Us High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Us High is expected to be smaller as well.
Auto-correlation | 0.32 |
Below average predictability
Us High Relative has below average predictability. Overlapping area represents the amount of predictability between Us High time series from 2nd of July 2024 to 30th of September 2024 and 30th of September 2024 to 29th 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 Us High Relative price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Us High price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Us High Relative lagged returns against current returns
Autocorrelation, which is Us High 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 Us High's mutual fund expected returns. We can calculate the autocorrelation of Us High returns to help us make a trade decision. For example, suppose you find that Us High 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 |
Us High 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 Us High mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Us High mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Us High mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Us High Lagged Returns
When evaluating Us High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Us High mutual fund have on its future price. Us High 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, Us High autocorrelation shows the relationship between Us High mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Us High Relative.
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.Other Information on Investing in DURPX Mutual Fund
Us High financial ratios help investors to determine whether DURPX 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 DURPX with respect to the benefits of owning Us High security.
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