Ivy Global Equity Fund Market Value
IYGEX Fund | USD 8.93 0.02 0.22% |
Symbol | Ivy |
Ivy Global '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 Ivy Global'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 Ivy Global.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Ivy Global on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Ivy Global Equity or generate 0.0% return on investment in Ivy Global over 30 days. Ivy Global is related to or competes with Ivy International, Ivy E, Ivy Cundill, Ivy Cundill, Ivy E, Ivy Large, and Ivy Cundill. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities More
Ivy Global 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 Ivy Global'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 Ivy Global Equity upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.7588 | |||
Information Ratio | 0.0018 | |||
Maximum Drawdown | 3.21 | |||
Value At Risk | (1.12) | |||
Potential Upside | 1.36 |
Ivy Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ivy Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ivy Global's standard deviation. In reality, there are many statistical measures that can use Ivy Global historical prices to predict the future Ivy Global's volatility.Risk Adjusted Performance | 0.1066 | |||
Jensen Alpha | (0.000077) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | 0.0017 | |||
Treynor Ratio | 0.1242 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ivy Global'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.
Ivy Global Equity Backtested Returns
We consider Ivy Global very steady. Ivy Global Equity holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ivy Global Equity, which you can use to evaluate the volatility of the entity. Please check out Ivy Global's Market Risk Adjusted Performance of 0.1342, downside deviation of 0.7588, and Risk Adjusted Performance of 0.1066 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. The fund retains a Market Volatility (i.e., Beta) of 1.01, which attests to a somewhat significant risk relative to the market. Ivy Global returns are very sensitive to returns on the market. As the market goes up or down, Ivy Global is expected to follow.
Auto-correlation | 0.27 |
Poor predictability
Ivy Global Equity has poor predictability. Overlapping area represents the amount of predictability between Ivy Global time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Ivy Global Equity price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Ivy Global price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.27 | |
Spearman Rank Test | 0.13 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Ivy Global Equity lagged returns against current returns
Autocorrelation, which is Ivy Global 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 Ivy Global's mutual fund expected returns. We can calculate the autocorrelation of Ivy Global returns to help us make a trade decision. For example, suppose you find that Ivy Global 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 |
Ivy Global 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 Ivy Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ivy Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ivy Global mutual fund over time.
Current vs Lagged Prices |
Timeline |
Ivy Global Lagged Returns
When evaluating Ivy Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ivy Global mutual fund have on its future price. Ivy Global 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, Ivy Global autocorrelation shows the relationship between Ivy Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ivy Global Equity.
Regressed Prices |
Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Ivy Global Correlation, Ivy Global Volatility and Ivy Global Alpha and Beta module to complement your research on Ivy Global. Note that the Ivy Global Equity information on this page should be used as a complementary analysis to other Ivy Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Ivy Mutual Fund analysis
When running Ivy Global's price analysis, check to measure Ivy Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ivy Global is operating at the current time. Most of Ivy Global's value examination focuses on studying past and present price action to predict the probability of Ivy Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ivy Global's price. Additionally, you may evaluate how the addition of Ivy Global to your portfolios can decrease your overall portfolio volatility.
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
Ivy Global technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.