Vy Jpmorgan Small Fund Market Value
| IJSIX Fund | USD 17.20 0.21 1.21% |
| Symbol | IJSIX |
Vy Jpmorgan '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 Jpmorgan'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 Jpmorgan.
| 06/21/2024 |
| 12/18/2024 |
If you would invest 0.00 in Vy Jpmorgan on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding Vy Jpmorgan Small or generate 0.0% return on investment in Vy Jpmorgan over 180 days. Vy Jpmorgan is related to or competes with Barings Global, Jhancock Global, Legg Mason, Ab Global, Ab Global, and Investec Global. The fund invests at least 80 percent of its net assets in equity securities of small-capitalization companies More
Vy Jpmorgan 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 Jpmorgan'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 Jpmorgan Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8922 | |||
| Information Ratio | 0.0152 | |||
| Maximum Drawdown | 7.38 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.72 |
Vy Jpmorgan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vy Jpmorgan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vy Jpmorgan's standard deviation. In reality, there are many statistical measures that can use Vy Jpmorgan historical prices to predict the future Vy Jpmorgan's volatility.| Risk Adjusted Performance | 0.0582 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0192 | |||
| Treynor Ratio | 0.0544 |
Vy Jpmorgan Small Backtested Returns
At this stage we consider IJSIX Mutual Fund to be very steady. Vy Jpmorgan Small retains Efficiency (Sharpe Ratio) of 0.0419, which indicates the fund had a 0.0419% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Vy Jpmorgan, which you can use to evaluate the volatility of the fund. Please validate Vy Jpmorgan's Risk Adjusted Performance of 0.0582, downside deviation of 0.8922, and Mean Deviation of 0.7751 to confirm if the risk estimate we provide is consistent with the expected return of 0.0473%. The entity owns a Beta (Systematic Risk) of 1.38, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Vy Jpmorgan will likely underperform.
Auto-correlation | 0.28 |
Poor predictability
Vy Jpmorgan Small has poor predictability. Overlapping area represents the amount of predictability between Vy Jpmorgan time series from 21st of June 2024 to 19th of September 2024 and 19th of September 2024 to 18th 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 Jpmorgan Small price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Vy Jpmorgan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Vy Jpmorgan Small lagged returns against current returns
Autocorrelation, which is Vy Jpmorgan 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 Jpmorgan's mutual fund expected returns. We can calculate the autocorrelation of Vy Jpmorgan returns to help us make a trade decision. For example, suppose you find that Vy Jpmorgan 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 Jpmorgan 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 Jpmorgan mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vy Jpmorgan 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 Jpmorgan mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vy Jpmorgan Lagged Returns
When evaluating Vy Jpmorgan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vy Jpmorgan mutual fund have on its future price. Vy Jpmorgan 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 Jpmorgan autocorrelation shows the relationship between Vy Jpmorgan mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vy Jpmorgan Small.
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 IJSIX Mutual Fund
Vy Jpmorgan financial ratios help investors to determine whether IJSIX 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 IJSIX with respect to the benefits of owning Vy Jpmorgan security.
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |