The Tocqueville International Fund Market Value
| TIVFX Fund | USD 17.94 0.15 0.83% |
| Symbol | Tocqueville |
Tocqueville International '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 Tocqueville International'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 Tocqueville International.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Tocqueville International on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding The Tocqueville International or generate 0.0% return on investment in Tocqueville International over 390 days. Tocqueville International is related to or competes with Tocqueville Fund, Lazard International, Driehaus Emerging, Columbia Emerging, and Oakmark International. Under normal circumstances, at least 80 percent of the funds net assets are invested in equity securities of small marke... More
Tocqueville International 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 Tocqueville International'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 The Tocqueville International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 3.29 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.24 |
Tocqueville International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tocqueville International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tocqueville International's standard deviation. In reality, there are many statistical measures that can use Tocqueville International historical prices to predict the future Tocqueville International's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.05) |
Tocqueville International Backtested Returns
Tocqueville International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0505, which indicates the fund had a -0.0505% return per unit of risk over the last 3 months. The Tocqueville International exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tocqueville International's Coefficient Of Variation of (4,766), risk adjusted performance of (0.02), and Variance of 0.4751 to confirm the risk estimate we provide. The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tocqueville International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tocqueville International is expected to be smaller as well.
Auto-correlation | -0.09 |
Very weak reverse predictability
The Tocqueville International has very weak reverse predictability. Overlapping area represents the amount of predictability between Tocqueville International time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Tocqueville International price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Tocqueville International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Tocqueville International lagged returns against current returns
Autocorrelation, which is Tocqueville International 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 Tocqueville International's mutual fund expected returns. We can calculate the autocorrelation of Tocqueville International returns to help us make a trade decision. For example, suppose you find that Tocqueville International 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 |
Tocqueville International 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 Tocqueville International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tocqueville International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tocqueville International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tocqueville International Lagged Returns
When evaluating Tocqueville International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tocqueville International mutual fund have on its future price. Tocqueville International 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, Tocqueville International autocorrelation shows the relationship between Tocqueville International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Tocqueville International.
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 Tocqueville Mutual Fund
Tocqueville International financial ratios help investors to determine whether Tocqueville 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 Tocqueville with respect to the benefits of owning Tocqueville International security.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |