Dynamic International Opportunity Fund Market Value

ICCNX Fund  USD 12.86  0.01  0.08%   
Dynamic International's market value is the price at which a share of Dynamic International trades on a public exchange. It measures the collective expectations of Dynamic International Opportunity investors about its performance. Dynamic International is trading at 12.86 as of the 4th of December 2024; that is 0.08% increase since the beginning of the trading day. The fund's open price was 12.85.
With this module, you can estimate the performance of a buy and hold strategy of Dynamic International Opportunity and determine expected loss or profit from investing in Dynamic International over a given investment horizon. Check out Dynamic International Correlation, Dynamic International Volatility and Dynamic International Alpha and Beta module to complement your research on Dynamic International.
Symbol

Please note, there is a significant difference between Dynamic International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynamic International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynamic International'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.

Dynamic International '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 Dynamic International'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 Dynamic International.
0.00
10/05/2024
No Change 0.00  0.0 
In 2 months and 2 days
12/04/2024
0.00
If you would invest  0.00  in Dynamic International on October 5, 2024 and sell it all today you would earn a total of 0.00 from holding Dynamic International Opportunity or generate 0.0% return on investment in Dynamic International over 60 days. Dynamic International is related to or competes with Dynamic Us, Dynamic Us, Acclivity Mid, Acclivity Mid, Acclivity Small, and Acclivity Small. The fund invests primarily in ETFs that offer exposure to companies domiciled in developed, emerging, and frontier inter... More

Dynamic International 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 Dynamic International'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 Dynamic International Opportunity upside and downside potential and time the market with a certain degree of confidence.

Dynamic International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynamic International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynamic International's standard deviation. In reality, there are many statistical measures that can use Dynamic International historical prices to predict the future Dynamic International's volatility.
Hype
Prediction
LowEstimatedHigh
12.1112.8513.59
Details
Intrinsic
Valuation
LowRealHigh
12.1612.9013.64
Details
Naive
Forecast
LowNextHigh
12.2012.9413.69
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.6812.7612.85
Details

Dynamic International Backtested Returns

Dynamic International secures Sharpe Ratio (or Efficiency) of -0.0029, which denotes the fund had a -0.0029% return per unit of risk over the last 3 months. Dynamic International Opportunity exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dynamic International's Mean Deviation of 0.5785, variance of 0.5794, and Standard Deviation of 0.7612 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.39, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dynamic International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dynamic International is expected to be smaller as well.

Auto-correlation

    
  0.32  

Below average predictability

Dynamic International Opportunity has below average predictability. Overlapping area represents the amount of predictability between Dynamic International time series from 5th of October 2024 to 4th of November 2024 and 4th of November 2024 to 4th 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 Dynamic International price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Dynamic International price fluctuation can be explain by its past prices.
Correlation Coefficient0.32
Spearman Rank Test0.15
Residual Average0.0
Price Variance0.02

Dynamic International lagged returns against current returns

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

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

Dynamic International Lagged Returns

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

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Other Information on Investing in Dynamic Mutual Fund

Dynamic International financial ratios help investors to determine whether Dynamic 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 Dynamic with respect to the benefits of owning Dynamic International security.
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