Munivest Fund Market Value

Symbol

Munivest

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 Munivest Fund's 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 Munivest Fund.

Munivest Fund Upside/Downside Indicators

Munivest Fund Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Munivest Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Munivest Fund's standard deviation. In reality, there are many statistical measures that can use Munivest Fund historical prices to predict the future Munivest Fund's volatility.

Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Munivest Fund'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.

Autocorrelation, which is Munivest Fund 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 Munivest Fund's fund expected returns. We can calculate the autocorrelation of Munivest Fund returns to help us make a trade decision. For example, suppose you find that Munivest Fund has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Munivest Fund fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Munivest Fund fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Munivest Fund fund over time.

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

Munivest Fund financial ratios help investors to determine whether Munivest 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 Munivest with respect to the benefits of owning Munivest Fund security.