Fanisx Fund Market Value
| FANISX Fund | USD 633.94 5.12 0.81% |
| Symbol | Fanisx |
Please note, there is a significant difference between Fanisx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fanisx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fanisx'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.
Fanisx '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 Fanisx's 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 Fanisx.
| 05/07/2025 |
| 08/05/2025 |
If you would invest 0.00 in Fanisx on May 7, 2025 and sell it all today you would earn a total of 0.00 from holding Fanisx or generate 0.0% return on investment in Fanisx over 90 days. Fanisx is related to or competes with Goehring Rozencwajg, Firsthand Alternative, Ivy Natural, Franklin Natural, Fidelity Advisor, Global Resources, and Icon Natural. Fanisx is entity of United States. It is traded as Fund on NMFQS exchange. More
Fanisx 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 Fanisx's 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 Fanisx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3882 | |||
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 1.68 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.7303 |
Fanisx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fanisx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fanisx's standard deviation. In reality, there are many statistical measures that can use Fanisx historical prices to predict the future Fanisx's volatility.| Risk Adjusted Performance | 0.0118 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | 0.0166 |
Fanisx Backtested Returns
At this stage we consider Fanisx Fund to be very steady. Fanisx secures Sharpe Ratio (or Efficiency) of 0.0606, which denotes the fund had a 0.0606 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fanisx, which you can use to evaluate the volatility of the entity. Please confirm Fanisx's Downside Deviation of 0.3882, coefficient of variation of 3677.06, and Mean Deviation of 0.3262 to check if the risk estimate we provide is consistent with the expected return of 0.0245%. The fund shows a Beta (market volatility) of 0.0533, which means not very significant fluctuations relative to the market. As returns on the market increase, Fanisx's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fanisx is expected to be smaller as well.
Auto-correlation | 0.12 |
Insignificant predictability
Fanisx has insignificant predictability. Overlapping area represents the amount of predictability between Fanisx time series from 7th of May 2025 to 21st of June 2025 and 21st of June 2025 to 5th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fanisx price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Fanisx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 10.05 |
Fanisx lagged returns against current returns
Autocorrelation, which is Fanisx 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 Fanisx's fund expected returns. We can calculate the autocorrelation of Fanisx returns to help us make a trade decision. For example, suppose you find that Fanisx has exhibited high autocorrelation historically, and you observe that the 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 |
Fanisx 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 Fanisx fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fanisx fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fanisx fund over time.
Current vs Lagged Prices |
| Timeline |
Fanisx Lagged Returns
When evaluating Fanisx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fanisx fund have on its future price. Fanisx 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, Fanisx autocorrelation shows the relationship between Fanisx fund current value and its past values and can show if there is a momentum factor associated with investing in Fanisx.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Fanisx Fund
Fanisx financial ratios help investors to determine whether Fanisx Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fanisx with respect to the benefits of owning Fanisx security.
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