Fpa Queens Road Fund Market Value
| QRSIX Fund | USD 43.64 0.01 0.02% |
| Symbol | Fpa |
Fpa Queens '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 Fpa Queens' 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 Fpa Queens.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Fpa Queens on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Fpa Queens Road or generate 0.0% return on investment in Fpa Queens over 30 days. Fpa Queens is related to or competes with T Rowe, Adams Diversified, Tiaa Cref, The Gabelli, Tax-managed, and Blackrock. The fund seeks to achieve its investment objective by investing primarily in the equity securities of small capitalizati... More
Fpa Queens 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 Fpa Queens' 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 Fpa Queens Road upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9063 | |||
| Information Ratio | 0.0352 | |||
| Maximum Drawdown | 6.37 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.89 |
Fpa Queens Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fpa Queens' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fpa Queens' standard deviation. In reality, there are many statistical measures that can use Fpa Queens historical prices to predict the future Fpa Queens' volatility.| Risk Adjusted Performance | 0.1098 | |||
| Jensen Alpha | 0.132 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0421 | |||
| Treynor Ratio | 1.54 |
Fpa Queens Road Backtested Returns
Fpa Queens appears to be very steady, given 3 months investment horizon. Fpa Queens Road secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the fund had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Fpa Queens Road, which you can use to evaluate the volatility of the entity. Please utilize Fpa Queens' Downside Deviation of 0.9063, mean deviation of 0.7705, and Semi Deviation of 0.6716 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.0921, which means not very significant fluctuations relative to the market. As returns on the market increase, Fpa Queens' returns are expected to increase less than the market. However, during the bear market, the loss of holding Fpa Queens is expected to be smaller as well.
Auto-correlation | 0.73 |
Good predictability
Fpa Queens Road has good predictability. Overlapping area represents the amount of predictability between Fpa Queens time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Fpa Queens Road price movement. The serial correlation of 0.73 indicates that around 73.0% of current Fpa Queens price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.66 |
Fpa Queens Road lagged returns against current returns
Autocorrelation, which is Fpa Queens 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 Fpa Queens' mutual fund expected returns. We can calculate the autocorrelation of Fpa Queens returns to help us make a trade decision. For example, suppose you find that Fpa Queens 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 |
Fpa Queens 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 Fpa Queens mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fpa Queens mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fpa Queens mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fpa Queens Lagged Returns
When evaluating Fpa Queens' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fpa Queens mutual fund have on its future price. Fpa Queens 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, Fpa Queens autocorrelation shows the relationship between Fpa Queens mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fpa Queens Road.
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 Fpa Mutual Fund
Fpa Queens financial ratios help investors to determine whether Fpa 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 Fpa with respect to the benefits of owning Fpa Queens security.
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