The Cushing Mlp Fund Market Value
| XSRVX Fund | USD 43.67 0.58 1.31% |
| Symbol | Cushing |
Please note, there is a significant difference between Cushing Mlp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cushing Mlp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cushing Mlp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cushing Mlp '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 Cushing Mlp'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 Cushing Mlp.
| 01/08/2023 |
| 12/28/2024 |
If you would invest 0.00 in Cushing Mlp on January 8, 2023 and sell it all today you would earn a total of 0.00 from holding The Cushing Mlp or generate 0.0% return on investment in Cushing Mlp over 720 days. Cushing Mlp is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Cushing Mlp is entity of United States. It is traded as Fund on NMFQS exchange. More
Cushing Mlp 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 Cushing Mlp'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 Cushing Mlp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.88 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.35 |
Cushing Mlp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cushing Mlp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cushing Mlp's standard deviation. In reality, there are many statistical measures that can use Cushing Mlp historical prices to predict the future Cushing Mlp's volatility.| Risk Adjusted Performance | 0.0167 | |||
| Jensen Alpha | 0.0047 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0342 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cushing Mlp'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.
Cushing Mlp Backtested Returns
At this stage we consider Cushing Mutual Fund to be very steady. Cushing Mlp secures Sharpe Ratio (or Efficiency) of 0.0336, which signifies that the fund had a 0.0336% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for The Cushing Mlp, which you can use to evaluate the volatility of the entity. Please confirm Cushing Mlp's Mean Deviation of 1.22, risk adjusted performance of 0.0167, and Semi Deviation of 1.71 to double-check if the risk estimate we provide is consistent with the expected return of 0.0533%. The fund shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cushing Mlp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cushing Mlp is expected to be smaller as well.
Auto-correlation | -0.26 |
Weak reverse predictability
The Cushing Mlp has weak reverse predictability. Overlapping area represents the amount of predictability between Cushing Mlp time series from 8th of January 2023 to 3rd of January 2024 and 3rd of January 2024 to 28th 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 Cushing Mlp price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Cushing Mlp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 9.74 |
Cushing Mlp lagged returns against current returns
Autocorrelation, which is Cushing Mlp 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 Cushing Mlp's mutual fund expected returns. We can calculate the autocorrelation of Cushing Mlp returns to help us make a trade decision. For example, suppose you find that Cushing Mlp 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 |
Cushing Mlp 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 Cushing Mlp mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cushing Mlp mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cushing Mlp mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cushing Mlp Lagged Returns
When evaluating Cushing Mlp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cushing Mlp mutual fund have on its future price. Cushing Mlp 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, Cushing Mlp autocorrelation shows the relationship between Cushing Mlp mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Cushing Mlp.
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 Cushing Mutual Fund
Cushing Mlp financial ratios help investors to determine whether Cushing 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 Cushing with respect to the benefits of owning Cushing Mlp security.
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