Select Fund A Fund Market Value

TWCAX Fund  USD 104.43  0.13  0.12%   
Select Fund's market value is the price at which a share of Select Fund trades on a public exchange. It measures the collective expectations of Select Fund A investors about its performance. Select Fund is trading at 104.43 as of the 29th of March 2024; that is -0.12 percent decrease since the beginning of the trading day. The fund's open price was 104.56.
With this module, you can estimate the performance of a buy and hold strategy of Select Fund A and determine expected loss or profit from investing in Select Fund over a given investment horizon. Check out Select Fund Correlation, Select Fund Volatility and Select Fund Alpha and Beta module to complement your research on Select Fund.
Symbol

Please note, there is a significant difference between Select Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Select Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Select Fund'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.

Select Fund '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 Select Fund'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 Select Fund.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in Select Fund on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Select Fund A or generate 0.0% return on investment in Select Fund over 720 days. Select Fund is related to or competes with Ab Small, Guidemark Smallmid, Ab Small, Scout Small, Lebenthal Lisanti, Eagle Small, and Old Westbury. The fund normally invests in stocks of companies that the adviser believes will increase in value over time More

Select Fund 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 Select Fund'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 Select Fund A upside and downside potential and time the market with a certain degree of confidence.

Select Fund Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Select Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Select Fund's standard deviation. In reality, there are many statistical measures that can use Select Fund historical prices to predict the future Select Fund's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Select Fund'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.
Hype
Prediction
LowEstimatedHigh
103.51104.43105.35
Details
Intrinsic
Valuation
LowRealHigh
98.5699.48114.87
Details
Naive
Forecast
LowNextHigh
103.77104.69105.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
101.61103.60105.58
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Select Fund. Your research has to be compared to or analyzed against Select Fund's peers to derive any actionable benefits. When done correctly, Select Fund's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Select Fund A.

Select Fund A Backtested Returns

We consider Select Fund very steady. Select Fund A owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Select Fund A, which you can use to evaluate the volatility of the fund. Please validate Select Fund's Coefficient Of Variation of 523.62, risk adjusted performance of 0.1101, and Semi Deviation of 0.5331 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. The entity has a beta of -0.0192, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Select Fund are expected to decrease at a much lower rate. During the bear market, Select Fund is likely to outperform the market.

Auto-correlation

    
  -0.15  

Insignificant reverse predictability

Select Fund A has insignificant reverse predictability. Overlapping area represents the amount of predictability between Select Fund time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th 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 Select Fund A price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Select Fund price fluctuation can be explain by its past prices.
Correlation Coefficient-0.15
Spearman Rank Test-0.27
Residual Average0.0
Price Variance53.27

Select Fund A lagged returns against current returns

Autocorrelation, which is Select Fund 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 Select Fund's mutual fund expected returns. We can calculate the autocorrelation of Select Fund returns to help us make a trade decision. For example, suppose you find that Select Fund 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  

Select Fund 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 Select Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Select Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Select Fund mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Select Fund Lagged Returns

When evaluating Select Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Select Fund mutual fund have on its future price. Select Fund 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, Select Fund autocorrelation shows the relationship between Select Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Select Fund A.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Select Fund in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Select Fund's short interest history, or implied volatility extrapolated from Select Fund options trading.

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Check out Select Fund Correlation, Select Fund Volatility and Select Fund Alpha and Beta module to complement your research on Select Fund.
Note that the Select Fund A information on this page should be used as a complementary analysis to other Select Fund'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Select Mutual Fund analysis

When running Select Fund's price analysis, check to measure Select Fund'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 Select Fund is operating at the current time. Most of Select Fund's value examination focuses on studying past and present price action to predict the probability of Select Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Fund's price. Additionally, you may evaluate how the addition of Select Fund to your portfolios can decrease your overall portfolio volatility.
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Select Fund 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.
A focus of Select Fund technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Select Fund trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...