Madison Diversified Income Fund Market Value
| MBLCX Fund | USD 13.30 0.01 0.08% |
| Symbol | Madison |
Madison Diversified '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 Madison Diversified'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 Madison Diversified.
| 12/17/2023 |
| 12/11/2024 |
If you would invest 0.00 in Madison Diversified on December 17, 2023 and sell it all today you would earn a total of 0.00 from holding Madison Diversified Income or generate 0.0% return on investment in Madison Diversified over 360 days. Madison Diversified is related to or competes with Strategic Allocation, Strategic Allocation, Value Fund, International Growth, and Balanced Fund. The fund invests primarily in shares of other registered investment companies More
Madison Diversified 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 Madison Diversified'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 Madison Diversified Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2493 | |||
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 1.06 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 0.3837 |
Madison Diversified Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Madison Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Madison Diversified's standard deviation. In reality, there are many statistical measures that can use Madison Diversified historical prices to predict the future Madison Diversified's volatility.| Risk Adjusted Performance | 0.085 | |||
| Jensen Alpha | 0.0192 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | 0.5056 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Madison Diversified's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Madison Diversified Backtested Returns
At this stage we consider Madison Mutual Fund to be very steady. Madison Diversified has Sharpe Ratio of 0.0961, which conveys that the entity had a 0.0961% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Madison Diversified, which you can use to evaluate the volatility of the fund. Please verify Madison Diversified's Downside Deviation of 0.2493, risk adjusted performance of 0.085, and Mean Deviation of 0.1913 to check out if the risk estimate we provide is consistent with the expected return of 0.0231%. The fund secures a Beta (Market Risk) of 0.049, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Madison Diversified's returns are expected to increase less than the market. However, during the bear market, the loss of holding Madison Diversified is expected to be smaller as well.
Auto-correlation | 0.46 |
Average predictability
Madison Diversified Income has average predictability. Overlapping area represents the amount of predictability between Madison Diversified time series from 17th of December 2023 to 14th of June 2024 and 14th of June 2024 to 11th 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 Madison Diversified price movement. The serial correlation of 0.46 indicates that about 46.0% of current Madison Diversified price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Madison Diversified lagged returns against current returns
Autocorrelation, which is Madison Diversified 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 Madison Diversified's mutual fund expected returns. We can calculate the autocorrelation of Madison Diversified returns to help us make a trade decision. For example, suppose you find that Madison Diversified 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 |
Madison Diversified 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 Madison Diversified mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Madison Diversified mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Madison Diversified mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Madison Diversified Lagged Returns
When evaluating Madison Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Madison Diversified mutual fund have on its future price. Madison Diversified 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, Madison Diversified autocorrelation shows the relationship between Madison Diversified mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Madison Diversified 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 Madison Mutual Fund
Madison Diversified financial ratios help investors to determine whether Madison 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 Madison with respect to the benefits of owning Madison Diversified security.
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