Vy Franklin Income Fund Market Value
| IIFIX Fund | USD 10.20 0.06 0.59% |
| Symbol | IIFIX |
Vy Franklin '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 Vy Franklin'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 Vy Franklin.
| 06/27/2024 |
| 12/24/2024 |
If you would invest 0.00 in Vy Franklin on June 27, 2024 and sell it all today you would earn a total of 0.00 from holding Vy Franklin Income or generate 0.0% return on investment in Vy Franklin over 180 days. Vy Franklin is related to or competes with Voya High, Inverse High, Alpine High, Guggenheim High, Jpmorgan High, Pax High, and Fidelity Capital. Under normal market conditions, the manager intends to invest approximately 60 percent of its assets in debt securities ... More
Vy Franklin 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 Vy Franklin'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 Vy Franklin Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4358 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 2.35 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.499 |
Vy Franklin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vy Franklin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vy Franklin's standard deviation. In reality, there are many statistical measures that can use Vy Franklin historical prices to predict the future Vy Franklin's volatility.| Risk Adjusted Performance | 0.0195 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0128 |
Vy Franklin Income Backtested Returns
At this stage we consider IIFIX Mutual Fund to be very steady. Vy Franklin Income retains Efficiency (Sharpe Ratio) of 0.0384, which indicates the fund had a 0.0384% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Vy Franklin, which you can use to evaluate the volatility of the fund. Please validate Vy Franklin's Mean Deviation of 0.2256, risk adjusted performance of 0.0195, and Downside Deviation of 0.4358 to confirm if the risk estimate we provide is consistent with the expected return of 0.0129%. The entity owns a Beta (Systematic Risk) of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vy Franklin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vy Franklin is expected to be smaller as well.
Auto-correlation | 0.70 |
Good predictability
Vy Franklin Income has good predictability. Overlapping area represents the amount of predictability between Vy Franklin time series from 27th of June 2024 to 25th of September 2024 and 25th of September 2024 to 24th 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 Vy Franklin Income price movement. The serial correlation of 0.7 indicates that around 70.0% of current Vy Franklin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Vy Franklin Income lagged returns against current returns
Autocorrelation, which is Vy Franklin 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 Vy Franklin's mutual fund expected returns. We can calculate the autocorrelation of Vy Franklin returns to help us make a trade decision. For example, suppose you find that Vy Franklin 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 |
Vy Franklin 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 Vy Franklin mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vy Franklin mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vy Franklin mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vy Franklin Lagged Returns
When evaluating Vy Franklin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vy Franklin mutual fund have on its future price. Vy Franklin 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, Vy Franklin autocorrelation shows the relationship between Vy Franklin mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vy Franklin Income.
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 IIFIX Mutual Fund
Vy Franklin financial ratios help investors to determine whether IIFIX 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 IIFIX with respect to the benefits of owning Vy Franklin security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |