Foreign Value Fund Market Value
| VCFVX Fund | USD 10.96 0.13 1.20% |
| Symbol | Foreign |
Foreign Value '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 Foreign Value'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 Foreign Value.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Foreign Value on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Foreign Value Fund or generate 0.0% return on investment in Foreign Value over 180 days. Foreign Value is related to or competes with Mid Cap, Mid Cap, Valic Company, Valic Company, Stock Index, Small Cap, and Broad Cap. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of foreign i... More
Foreign Value 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 Foreign Value'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 Foreign Value Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 3.36 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.2 |
Foreign Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Foreign Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Foreign Value's standard deviation. In reality, there are many statistical measures that can use Foreign Value historical prices to predict the future Foreign Value's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Foreign Value'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.
Foreign Value Backtested Returns
Foreign Value secures Sharpe Ratio (or Efficiency) of -0.0229, which denotes the fund had a -0.0229% return per unit of risk over the last 3 months. Foreign Value Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Foreign Value's Mean Deviation of 0.6164, standard deviation of 0.7625, and Variance of 0.5815 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.38, which means possible diversification benefits within a given portfolio. As returns on the market increase, Foreign Value's returns are expected to increase less than the market. However, during the bear market, the loss of holding Foreign Value is expected to be smaller as well.
Auto-correlation | -0.5 |
Modest reverse predictability
Foreign Value Fund has modest reverse predictability. Overlapping area represents the amount of predictability between Foreign Value time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Foreign Value price movement. The serial correlation of -0.5 indicates that about 50.0% of current Foreign Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Foreign Value lagged returns against current returns
Autocorrelation, which is Foreign Value 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 Foreign Value's mutual fund expected returns. We can calculate the autocorrelation of Foreign Value returns to help us make a trade decision. For example, suppose you find that Foreign Value 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 |
Foreign Value 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 Foreign Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Foreign Value mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Foreign Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Foreign Value Lagged Returns
When evaluating Foreign Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Foreign Value mutual fund have on its future price. Foreign Value 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, Foreign Value autocorrelation shows the relationship between Foreign Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Foreign Value Fund.
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 Foreign Mutual Fund
Foreign Value financial ratios help investors to determine whether Foreign 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 Foreign with respect to the benefits of owning Foreign Value security.
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