Falling Dollar Profund Fund Market Value
| FDPSX Fund | USD 11.87 0.12 1.00% |
| Symbol | Falling |
Falling Dollar '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 Falling Dollar'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 Falling Dollar.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Falling Dollar on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Falling Dollar Profund or generate 0.0% return on investment in Falling Dollar over 30 days. Falling Dollar is related to or competes with Short Real, Short Real, Ultrashort Mid, Ultrashort Mid, Technology Ultrasector, Technology Ultrasector, and Large Cap. The fund invests in financial instruments that the fund advisors believes, in combination, should track the performance ... More
Falling Dollar 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 Falling Dollar'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 Falling Dollar Profund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 2.16 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.5029 |
Falling Dollar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Falling Dollar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Falling Dollar's standard deviation. In reality, there are many statistical measures that can use Falling Dollar historical prices to predict the future Falling Dollar's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 1.6 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Falling Dollar'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.
Falling Dollar Profund Backtested Returns
Falling Dollar Profund secures Sharpe Ratio (or Efficiency) of -0.27, which denotes the fund had a -0.27% return per unit of risk over the last 3 months. Falling Dollar Profund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Falling Dollar's Standard Deviation of 0.4067, variance of 0.1654, and Mean Deviation of 0.3097 to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0703, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Falling Dollar are expected to decrease at a much lower rate. During the bear market, Falling Dollar is likely to outperform the market.
Auto-correlation | -0.6 |
Good reverse predictability
Falling Dollar Profund has good reverse predictability. Overlapping area represents the amount of predictability between Falling Dollar time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 Falling Dollar Profund price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Falling Dollar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Falling Dollar Profund lagged returns against current returns
Autocorrelation, which is Falling Dollar 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 Falling Dollar's mutual fund expected returns. We can calculate the autocorrelation of Falling Dollar returns to help us make a trade decision. For example, suppose you find that Falling Dollar 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 |
Falling Dollar 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 Falling Dollar mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Falling Dollar mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Falling Dollar mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Falling Dollar Lagged Returns
When evaluating Falling Dollar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Falling Dollar mutual fund have on its future price. Falling Dollar 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, Falling Dollar autocorrelation shows the relationship between Falling Dollar mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Falling Dollar Profund.
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 Falling Mutual Fund
Falling Dollar financial ratios help investors to determine whether Falling 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 Falling with respect to the benefits of owning Falling Dollar security.
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