Gold And Precious Fund Market Value
| USERX Fund | USD 18.52 0.12 0.64% |
| Symbol | Gold |
Gold '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 Gold'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 Gold.
| 04/26/2025 |
| 07/25/2025 |
If you would invest 0.00 in Gold on April 26, 2025 and sell it all today you would earn a total of 0.00 from holding Gold And Precious or generate 0.0% return on investment in Gold over 90 days. Gold is related to or competes with Ab Select, Morningstar International, Balanced Fund, Touchstone International, Jhancock Global, Dodge Cox, and Gmo Global. Under normal market conditions, the fund will invest at least 80 percent of its net assets in equity and equity-related ... More
Gold 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 Gold'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 Gold And Precious upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.07 | |||
| Information Ratio | 0.0061 | |||
| Maximum Drawdown | 11.04 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 2.86 |
Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gold's standard deviation. In reality, there are many statistical measures that can use Gold historical prices to predict the future Gold's volatility.| Risk Adjusted Performance | 0.1147 | |||
| Jensen Alpha | 0.4648 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0057 | |||
| Treynor Ratio | (0.26) |
Gold And Precious Backtested Returns
Gold appears to be not too volatile, given 3 months investment horizon. Gold And Precious holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gold And Precious, which you can use to evaluate the volatility of the entity. Please utilize Gold's Downside Deviation of 2.07, market risk adjusted performance of (0.25), and Risk Adjusted Performance of 0.1147 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of -0.95, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Gold are expected to decrease slowly. On the other hand, during market turmoil, Gold is expected to outperform it slightly.
Auto-correlation | 0.26 |
Poor predictability
Gold And Precious has poor predictability. Overlapping area represents the amount of predictability between Gold time series from 26th of April 2025 to 10th of June 2025 and 10th of June 2025 to 25th 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 Gold And Precious price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Gold And Precious lagged returns against current returns
Autocorrelation, which is Gold 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 Gold's mutual fund expected returns. We can calculate the autocorrelation of Gold returns to help us make a trade decision. For example, suppose you find that Gold 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 |
Gold 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 Gold mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gold mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gold mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gold Lagged Returns
When evaluating Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gold mutual fund have on its future price. Gold 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, Gold autocorrelation shows the relationship between Gold mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gold And Precious.
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 Gold Mutual Fund
Gold financial ratios help investors to determine whether Gold Mutual 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 Gold with respect to the benefits of owning Gold security.
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