Fundvantage Trust Fund Market Value
| PBBIX Fund | USD 10.34 0.01 0.1% |
| Symbol | Fundvantage |
Fundvantage Trust '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 Fundvantage Trust'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 Fundvantage Trust.
| 01/12/2024 |
| 12/07/2024 |
If you would invest 0.00 in Fundvantage Trust on January 12, 2024 and sell it all today you would earn a total of 0.00 from holding Fundvantage Trust or generate 0.0% return on investment in Fundvantage Trust over 330 days. Fundvantage Trust is related to or competes with Artisan High, Siit High, Ab Global, Intal High, T Rowe, Metropolitan West, and Needham Aggressive. The fund pursues its investment objective by seeking to outperform the broader high yield market over a complete credit ... More
Fundvantage Trust 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 Fundvantage Trust'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 Fundvantage Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.164 | |||
| Information Ratio | (0.79) | |||
| Maximum Drawdown | 0.8792 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.1959 |
Fundvantage Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fundvantage Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fundvantage Trust's standard deviation. In reality, there are many statistical measures that can use Fundvantage Trust historical prices to predict the future Fundvantage Trust's volatility.| Risk Adjusted Performance | 0.0547 | |||
| Jensen Alpha | 0.0107 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.74) | |||
| Treynor Ratio | (0.87) |
Fundvantage Trust Backtested Returns
At this stage we consider Fundvantage Mutual Fund to be very steady. Fundvantage Trust secures Sharpe Ratio (or Efficiency) of 0.099, which denotes the fund had a 0.099% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Fundvantage Trust , which you can use to evaluate the volatility of the entity. Please confirm Fundvantage Trust's Standard Deviation of 0.1541, coefficient of variation of 798.82, and Mean Deviation of 0.1119 to check if the risk estimate we provide is consistent with the expected return of 0.0153%. The fund shows a Beta (market volatility) of -0.0107, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fundvantage Trust are expected to decrease at a much lower rate. During the bear market, Fundvantage Trust is likely to outperform the market.
Auto-correlation | 0.72 |
Good predictability
Fundvantage Trust has good predictability. Overlapping area represents the amount of predictability between Fundvantage Trust time series from 12th of January 2024 to 25th of June 2024 and 25th of June 2024 to 7th 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 Fundvantage Trust price movement. The serial correlation of 0.72 indicates that around 72.0% of current Fundvantage Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Fundvantage Trust lagged returns against current returns
Autocorrelation, which is Fundvantage Trust 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 Fundvantage Trust's mutual fund expected returns. We can calculate the autocorrelation of Fundvantage Trust returns to help us make a trade decision. For example, suppose you find that Fundvantage Trust 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 |
Fundvantage Trust 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 Fundvantage Trust mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fundvantage Trust mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fundvantage Trust mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fundvantage Trust Lagged Returns
When evaluating Fundvantage Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fundvantage Trust mutual fund have on its future price. Fundvantage Trust 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, Fundvantage Trust autocorrelation shows the relationship between Fundvantage Trust mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fundvantage Trust .
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 Fundvantage Mutual Fund
Fundvantage Trust financial ratios help investors to determine whether Fundvantage 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 Fundvantage with respect to the benefits of owning Fundvantage Trust security.
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