Leland Thomson Reuters Fund Market Value

LDVAX Fund  USD 25.46  0.45  1.80%   
Leland Thomson's market value is the price at which a share of Leland Thomson trades on a public exchange. It measures the collective expectations of Leland Thomson Reuters investors about its performance. Leland Thomson is trading at 25.46 as of the 24th of December 2024; that is 1.80 percent up since the beginning of the trading day. The fund's open price was 25.01.
With this module, you can estimate the performance of a buy and hold strategy of Leland Thomson Reuters and determine expected loss or profit from investing in Leland Thomson over a given investment horizon. Check out Leland Thomson Correlation, Leland Thomson Volatility and Leland Thomson Alpha and Beta module to complement your research on Leland Thomson.
Symbol

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

Leland Thomson '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 Leland Thomson'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 Leland Thomson.
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11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Leland Thomson on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Leland Thomson Reuters or generate 0.0% return on investment in Leland Thomson over 30 days. Leland Thomson is related to or competes with Direxion Monthly, Nasdaq 100, Nasdaq 100, Ultranasdaq 100, and Internet Ultrasector. Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus any borrowings for investme... More

Leland Thomson 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 Leland Thomson'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 Leland Thomson Reuters upside and downside potential and time the market with a certain degree of confidence.

Leland Thomson Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Leland Thomson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leland Thomson's standard deviation. In reality, there are many statistical measures that can use Leland Thomson historical prices to predict the future Leland Thomson's volatility.
Hype
Prediction
LowEstimatedHigh
23.8925.4627.03
Details
Intrinsic
Valuation
LowRealHigh
23.7425.3126.88
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Leland Thomson. Your research has to be compared to or analyzed against Leland Thomson's peers to derive any actionable benefits. When done correctly, Leland Thomson's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Leland Thomson Reuters.

Leland Thomson Reuters Backtested Returns

At this stage we consider Leland Mutual Fund to be very steady. Leland Thomson Reuters has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Leland Thomson, which you can use to evaluate the volatility of the fund. Please verify Leland Thomson's Downside Deviation of 1.82, mean deviation of 1.09, and Risk Adjusted Performance of 0.094 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. The fund secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Leland Thomson's returns are expected to increase less than the market. However, during the bear market, the loss of holding Leland Thomson is expected to be smaller as well.

Auto-correlation

    
  -0.72  

Almost perfect reverse predictability

Leland Thomson Reuters has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Leland Thomson time series from 24th of November 2024 to 9th of December 2024 and 9th of December 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 Leland Thomson Reuters price movement. The serial correlation of -0.72 indicates that around 72.0% of current Leland Thomson price fluctuation can be explain by its past prices.
Correlation Coefficient-0.72
Spearman Rank Test-0.79
Residual Average0.0
Price Variance0.41

Leland Thomson Reuters lagged returns against current returns

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

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

Leland Thomson Lagged Returns

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

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Other Information on Investing in Leland Mutual Fund

Leland Thomson financial ratios help investors to determine whether Leland 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 Leland with respect to the benefits of owning Leland Thomson security.
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