Dividend Opportunities Fund Market Value
| DVOIX Fund | USD 13.18 0.01 0.08% |
| Symbol | Dividend |
Dividend Opportunities '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 Dividend Opportunities' 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 Dividend Opportunities.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Dividend Opportunities on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Dividend Opportunities Fund or generate 0.0% return on investment in Dividend Opportunities over 720 days. Dividend Opportunities is related to or competes with Spectrum Fund, Spectrum Fund, Quantex Fund, Quantex Fund, Infrastructure Fund, Infrastructure Fund, and Balanced Fund. The fund invests primarily in common and preferred stocks, as well as fixed income securities More
Dividend Opportunities 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 Dividend Opportunities' 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 Dividend Opportunities Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4576 | |||
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 1.92 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 0.6112 |
Dividend Opportunities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dividend Opportunities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dividend Opportunities' standard deviation. In reality, there are many statistical measures that can use Dividend Opportunities historical prices to predict the future Dividend Opportunities' volatility.| Risk Adjusted Performance | 0.0451 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.24) | |||
| Treynor Ratio | 0.0438 |
Dividend Opportunities Backtested Returns
At this stage we consider Dividend Mutual Fund to be very steady. Dividend Opportunities secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Dividend Opportunities Fund, which you can use to evaluate the volatility of the entity. Please confirm Dividend Opportunities' Coefficient Of Variation of 1418.37, downside deviation of 0.4576, and Mean Deviation of 0.3136 to check if the risk estimate we provide is consistent with the expected return of 0.0392%. The fund shows a Beta (market volatility) of 0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dividend Opportunities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dividend Opportunities is expected to be smaller as well.
Auto-correlation | 0.61 |
Good predictability
Dividend Opportunities Fund has good predictability. Overlapping area represents the amount of predictability between Dividend Opportunities time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Dividend Opportunities price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Dividend Opportunities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Dividend Opportunities lagged returns against current returns
Autocorrelation, which is Dividend Opportunities 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 Dividend Opportunities' mutual fund expected returns. We can calculate the autocorrelation of Dividend Opportunities returns to help us make a trade decision. For example, suppose you find that Dividend Opportunities 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 |
Dividend Opportunities 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 Dividend Opportunities mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dividend Opportunities mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dividend Opportunities mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dividend Opportunities Lagged Returns
When evaluating Dividend Opportunities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dividend Opportunities mutual fund have on its future price. Dividend Opportunities 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, Dividend Opportunities autocorrelation shows the relationship between Dividend Opportunities mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dividend Opportunities Fund.
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 Dividend Mutual Fund
Dividend Opportunities financial ratios help investors to determine whether Dividend 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 Dividend with respect to the benefits of owning Dividend Opportunities security.
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