Homestead Rural America Fund Market Value
| HRRLX Fund | USD 8.32 0.00 0.00% |
| Symbol | Homestead |
Homestead Rural '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 Homestead Rural'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 Homestead Rural.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Homestead Rural on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Homestead Rural America or generate 0.0% return on investment in Homestead Rural over 30 days. Homestead Rural is related to or competes with International Equity, Growth Fund, Homestead Intermediate, Short Term, Value Fund, Small Company, and Stock Index. Under normal circumstances, the advisor intends to invest at least 80 percent of its net assets in companies that are im... More
Homestead Rural 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 Homestead Rural'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 Homestead Rural America upside and downside potential and time the market with a certain degree of confidence.
Homestead Rural Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Homestead Rural's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Homestead Rural's standard deviation. In reality, there are many statistical measures that can use Homestead Rural historical prices to predict the future Homestead Rural's volatility.Homestead Rural America Backtested Returns
We have found three technical indicators for Homestead Rural America, which you can use to evaluate the volatility of the entity. The fund retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Homestead Rural are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Homestead Rural America has perfect predictability. Overlapping area represents the amount of predictability between Homestead Rural time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Homestead Rural America price movement. The serial correlation of 1.0 indicates that 100.0% of current Homestead Rural price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Homestead Rural America lagged returns against current returns
Autocorrelation, which is Homestead Rural 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 Homestead Rural's mutual fund expected returns. We can calculate the autocorrelation of Homestead Rural returns to help us make a trade decision. For example, suppose you find that Homestead Rural 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 |
Homestead Rural 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 Homestead Rural mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Homestead Rural mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Homestead Rural mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Homestead Rural Lagged Returns
When evaluating Homestead Rural's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Homestead Rural mutual fund have on its future price. Homestead Rural 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, Homestead Rural autocorrelation shows the relationship between Homestead Rural mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Homestead Rural America.
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 Homestead Mutual Fund
Homestead Rural financial ratios help investors to determine whether Homestead 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 Homestead with respect to the benefits of owning Homestead Rural security.
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