Investment Of America Fund Market Value
| RICFX Fund | USD 53.32 0.19 0.36% |
| Symbol | Investment |
Investment '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 Investment'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 Investment.
| 05/30/2022 |
| 04/19/2024 |
If you would invest 0.00 in Investment on May 30, 2022 and sell it all today you would earn a total of 0.00 from holding Investment Of America or generate 0.0% return on investment in Investment over 690 days. Investment is related to or competes with Vanguard Total, and Vanguard 500. The fund invests primarily in common stocks, most of which have a history of paying dividends More
Investment 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 Investment'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 Investment Of America upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7258 | |||
| Information Ratio | 0.0381 | |||
| Maximum Drawdown | 3.46 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.26 |
Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Investment's standard deviation. In reality, there are many statistical measures that can use Investment historical prices to predict the future Investment's volatility.| Risk Adjusted Performance | 0.0819 | |||
| Jensen Alpha | 0.0876 | |||
| Total Risk Alpha | 0.0161 | |||
| Sortino Ratio | 0.0393 | |||
| Treynor Ratio | (11.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Investment'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.
Investment Of America Backtested Returns
We consider Investment very steady. Investment Of America holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Investment Of America, which you can use to evaluate the volatility of the entity. Please check out Investment's Risk Adjusted Performance of 0.0819, market risk adjusted performance of (11.16), and Downside Deviation of 0.7258 to validate if the risk estimate we provide is consistent with the expected return of 0.0799%. The fund retains a Market Volatility (i.e., Beta) of -0.0078, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Investment are expected to decrease at a much lower rate. During the bear market, Investment is likely to outperform the market.
Auto-correlation | 0.70 |
Good predictability
Investment Of America has good predictability. Overlapping area represents the amount of predictability between Investment time series from 30th of May 2022 to 10th of May 2023 and 10th of May 2023 to 19th of April 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 Investment Of America price movement. The serial correlation of 0.7 indicates that around 70.0% of current Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 15.78 |
Investment Of America lagged returns against current returns
Autocorrelation, which is Investment 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 Investment's mutual fund expected returns. We can calculate the autocorrelation of Investment returns to help us make a trade decision. For example, suppose you find that Investment 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 |
Investment 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 Investment mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Investment mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Investment mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Investment Lagged Returns
When evaluating Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Investment mutual fund have on its future price. Investment 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, Investment autocorrelation shows the relationship between Investment mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Investment Of America.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Investment Correlation, Investment Volatility and Investment Alpha and Beta module to complement your research on Investment. Note that the Investment Of America information on this page should be used as a complementary analysis to other Investment'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Investment 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.