Fbjygx Fund Market Value
| FBJYGX Fund | 10.90 0.04 0.37% |
| Symbol | Fbjygx |
Please note, there is a significant difference between Fbjygx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fbjygx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fbjygx'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.
Fbjygx '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 Fbjygx'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 Fbjygx.
| 05/01/2025 |
| 07/30/2025 |
If you would invest 0.00 in Fbjygx on May 1, 2025 and sell it all today you would earn a total of 0.00 from holding Fbjygx or generate 0.0% return on investment in Fbjygx over 90 days. Fbjygx is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Fbjygx is entity of United States. It is traded as Fund on NMFQS exchange. More
Fbjygx 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 Fbjygx'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 Fbjygx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6874 | |||
| Information Ratio | 0.0145 | |||
| Maximum Drawdown | 3.13 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 1.75 |
Fbjygx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fbjygx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fbjygx's standard deviation. In reality, there are many statistical measures that can use Fbjygx historical prices to predict the future Fbjygx's volatility.| Risk Adjusted Performance | 0.1758 | |||
| Jensen Alpha | 0.1903 | |||
| Total Risk Alpha | 0.0103 | |||
| Sortino Ratio | 0.0162 | |||
| Treynor Ratio | (1.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fbjygx'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.
Fbjygx Backtested Returns
At this stage we consider Fbjygx Fund to be very steady. Fbjygx secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the fund had a 0.2 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fbjygx, which you can use to evaluate the volatility of the entity. Please confirm Fbjygx's Downside Deviation of 0.6874, mean deviation of 0.5696, and Coefficient Of Variation of 433.89 to check if the risk estimate we provide is consistent with the expected return of 0.15%. The fund shows a Beta (market volatility) of -0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fbjygx are expected to decrease at a much lower rate. During the bear market, Fbjygx is likely to outperform the market.
Auto-correlation | 0.77 |
Good predictability
Fbjygx has good predictability. Overlapping area represents the amount of predictability between Fbjygx time series from 1st of May 2025 to 15th of June 2025 and 15th of June 2025 to 30th of July 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 Fbjygx price movement. The serial correlation of 0.77 indicates that around 77.0% of current Fbjygx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Fbjygx lagged returns against current returns
Autocorrelation, which is Fbjygx 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 Fbjygx's fund expected returns. We can calculate the autocorrelation of Fbjygx returns to help us make a trade decision. For example, suppose you find that Fbjygx 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 |
Fbjygx 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 Fbjygx fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fbjygx fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fbjygx fund over time.
Current vs Lagged Prices |
| Timeline |
Fbjygx Lagged Returns
When evaluating Fbjygx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fbjygx fund have on its future price. Fbjygx 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, Fbjygx autocorrelation shows the relationship between Fbjygx fund current value and its past values and can show if there is a momentum factor associated with investing in Fbjygx.
Regressed Prices |
| Timeline |
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.Other Information on Investing in Fbjygx Fund
Fbjygx financial ratios help investors to determine whether Fbjygx 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 Fbjygx with respect to the benefits of owning Fbjygx security.
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