Zevenbergen Genea Fund Market Value
ZVGIX Fund | USD 40.00 0.15 0.37% |
Symbol | Zevenbergen |
Zevenbergen Genea '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 Zevenbergen Genea'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 Zevenbergen Genea.
02/28/2024 |
| 03/29/2024 |
If you would invest 0.00 in Zevenbergen Genea on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Zevenbergen Genea Fund or generate 0.0% return on investment in Zevenbergen Genea over 30 days. Zevenbergen Genea is related to or competes with Nuveen Strategic, Artisan High, Multisector Bond, Alliancebernstein, Franklin High, T Rowe, and Transamerica Intermediate. The fund seeks to invest in companies benefitting from advancements in technology regardless of sector or industry More
Zevenbergen Genea 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 Zevenbergen Genea'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 Zevenbergen Genea Fund upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.37 | |||
Information Ratio | 0.0211 | |||
Maximum Drawdown | 6.51 | |||
Value At Risk | (2.24) | |||
Potential Upside | 3.28 |
Zevenbergen Genea Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zevenbergen Genea's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zevenbergen Genea's standard deviation. In reality, there are many statistical measures that can use Zevenbergen Genea historical prices to predict the future Zevenbergen Genea's volatility.Risk Adjusted Performance | 0.0686 | |||
Jensen Alpha | 0.1396 | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | 0.0227 | |||
Treynor Ratio | 1.18 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zevenbergen Genea'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.
Zevenbergen Genea Fund Backtested Returns
We consider Zevenbergen Genea very steady. Zevenbergen Genea Fund shows Sharpe Ratio of 0.11, which attests that the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Zevenbergen Genea Fund, which you can use to evaluate the volatility of the fund. Please check out Zevenbergen Genea's Mean Deviation of 1.11, market risk adjusted performance of 1.19, and Downside Deviation of 1.37 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. The entity maintains a market beta of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Zevenbergen Genea's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zevenbergen Genea is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
Zevenbergen Genea Fund has very good reverse predictability. Overlapping area represents the amount of predictability between Zevenbergen Genea time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 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 Zevenbergen Genea Fund price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Zevenbergen Genea price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.63 | |
Spearman Rank Test | -0.28 | |
Residual Average | 0.0 | |
Price Variance | 0.25 |
Zevenbergen Genea Fund lagged returns against current returns
Autocorrelation, which is Zevenbergen Genea 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 Zevenbergen Genea's mutual fund expected returns. We can calculate the autocorrelation of Zevenbergen Genea returns to help us make a trade decision. For example, suppose you find that Zevenbergen Genea 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 |
Zevenbergen Genea 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 Zevenbergen Genea mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zevenbergen Genea mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zevenbergen Genea mutual fund over time.
Current vs Lagged Prices |
Timeline |
Zevenbergen Genea Lagged Returns
When evaluating Zevenbergen Genea's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zevenbergen Genea mutual fund have on its future price. Zevenbergen Genea 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, Zevenbergen Genea autocorrelation shows the relationship between Zevenbergen Genea mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Zevenbergen Genea Fund.
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 Zevenbergen Genea 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, Zevenbergen Genea's short interest history, or implied volatility extrapolated from Zevenbergen Genea options trading.
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.CLSK | CleanSpark | |
V | Visa Class A | |
CDLX | Cardlytics |
Check out Zevenbergen Genea Correlation, Zevenbergen Genea Volatility and Zevenbergen Genea Alpha and Beta module to complement your research on Zevenbergen Genea. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Zevenbergen Mutual Fund analysis
When running Zevenbergen Genea's price analysis, check to measure Zevenbergen Genea'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 Zevenbergen Genea is operating at the current time. Most of Zevenbergen Genea's value examination focuses on studying past and present price action to predict the probability of Zevenbergen Genea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zevenbergen Genea's price. Additionally, you may evaluate how the addition of Zevenbergen Genea to your portfolios can decrease your overall portfolio volatility.
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Global Correlations Find global opportunities by holding instruments from different markets | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |
Zevenbergen Genea 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.