Timothy Largemip Cap Growth Fund Market Value
| TPLIX Fund | USD 12.11 0.06 0.49% |
| Symbol | Timothy |
Timothy Largemip '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 Timothy Largemip'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 Timothy Largemip.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Timothy Largemip on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Timothy Largemip Cap Growth or generate 0.0% return on investment in Timothy Largemip over 30 days. Timothy Largemip is related to or competes with Timothy Largemid, Timothy Small, Timothy Aggressive, Timothy Plan, and Timothy Conservative. The fund primarily invests at least 80 percent of its total assets in larger U.S More
Timothy Largemip 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 Timothy Largemip'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 Timothy Largemip Cap Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9187 | |||
| Information Ratio | 0.0065 | |||
| Maximum Drawdown | 4.32 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.4 |
Timothy Largemip Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Timothy Largemip's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Timothy Largemip's standard deviation. In reality, there are many statistical measures that can use Timothy Largemip historical prices to predict the future Timothy Largemip's volatility.| Risk Adjusted Performance | 0.054 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0064 | |||
| Treynor Ratio | 0.0564 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Timothy Largemip'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.
Timothy Largemip Cap Backtested Returns
We consider Timothy Largemip very steady. Timothy Largemip Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0371, which indicates the fund had a 0.0371% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Timothy Largemip Cap Growth, which you can use to evaluate the volatility of the fund. Please validate Timothy Largemip's Risk Adjusted Performance of 0.054, coefficient of variation of 1216.53, and Semi Deviation of 0.7834 to confirm if the risk estimate we provide is consistent with the expected return of 0.033%. The entity has a beta of 1.14, which indicates a somewhat significant risk relative to the market. Timothy Largemip returns are very sensitive to returns on the market. As the market goes up or down, Timothy Largemip is expected to follow.
Auto-correlation | 0.76 |
Good predictability
Timothy Largemip Cap Growth has good predictability. Overlapping area represents the amount of predictability between Timothy Largemip time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 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 Timothy Largemip Cap price movement. The serial correlation of 0.76 indicates that around 76.0% of current Timothy Largemip price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Timothy Largemip Cap lagged returns against current returns
Autocorrelation, which is Timothy Largemip 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 Timothy Largemip's mutual fund expected returns. We can calculate the autocorrelation of Timothy Largemip returns to help us make a trade decision. For example, suppose you find that Timothy Largemip 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 |
Timothy Largemip 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 Timothy Largemip mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Timothy Largemip mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Timothy Largemip mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Timothy Largemip Lagged Returns
When evaluating Timothy Largemip's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Timothy Largemip mutual fund have on its future price. Timothy Largemip 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, Timothy Largemip autocorrelation shows the relationship between Timothy Largemip mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Timothy Largemip Cap Growth.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Timothy Largemip Correlation, Timothy Largemip Volatility and Timothy Largemip Alpha and Beta module to complement your research on Timothy Largemip. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Timothy Largemip 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.