Inflation Linked Fixed Income Fund Market Value
| TILUX Fund | USD 8.06 0.02 0.25% |
| Symbol | Inflation |
Inflation Linked '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 Inflation Linked'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 Inflation Linked.
| 03/30/2024 |
| 04/29/2024 |
If you would invest 0.00 in Inflation Linked on March 30, 2024 and sell it all today you would earn a total of 0.00 from holding Inflation Linked Fixed Income or generate 0.0% return on investment in Inflation Linked over 30 days. Inflation Linked is related to or competes with Pace International, Angel Oak, Nasdaq 100, Shelton Emerging, Dws Emerging, Rbc Emerging, and Mid Cap. Under normal market conditions, the fund will invest at least 80 percent of its net assets in fixed income securities More
Inflation Linked 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 Inflation Linked'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 Inflation Linked Fixed Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 1.6 | |||
| Value At Risk | (0.73) | |||
| Potential Upside | 0.4908 |
Inflation Linked Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inflation Linked's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inflation Linked's standard deviation. In reality, there are many statistical measures that can use Inflation Linked historical prices to predict the future Inflation Linked's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Inflation Linked'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.
Inflation Linked Fixed Backtested Returns
Inflation Linked Fixed holds Efficiency (Sharpe) Ratio of -0.054, which attests that the entity had a -0.054% return per unit of risk over the last 3 months. Inflation Linked Fixed exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inflation Linked's Standard Deviation of 0.3484, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.08) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Inflation Linked's returns are expected to increase less than the market. However, during the bear market, the loss of holding Inflation Linked is expected to be smaller as well.
Auto-correlation | 0.10 |
Insignificant predictability
Inflation Linked Fixed Income has insignificant predictability. Overlapping area represents the amount of predictability between Inflation Linked time series from 30th of March 2024 to 14th of April 2024 and 14th of April 2024 to 29th 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 Inflation Linked Fixed price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Inflation Linked price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Inflation Linked Fixed lagged returns against current returns
Autocorrelation, which is Inflation Linked 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 Inflation Linked's mutual fund expected returns. We can calculate the autocorrelation of Inflation Linked returns to help us make a trade decision. For example, suppose you find that Inflation Linked 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 |
Inflation Linked 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 Inflation Linked mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inflation Linked mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inflation Linked mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Inflation Linked Lagged Returns
When evaluating Inflation Linked's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inflation Linked mutual fund have on its future price. Inflation Linked 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, Inflation Linked autocorrelation shows the relationship between Inflation Linked mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Inflation Linked Fixed Income.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Inflation Linked Correlation, Inflation Linked Volatility and Inflation Linked Alpha and Beta module to complement your research on Inflation Linked. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Inflation Linked 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.