Value Line Larger Fund Market Value

VALLX Fund  USD 40.12  1.07  2.74%   
Value Line's market value is the price at which a share of Value Line trades on a public exchange. It measures the collective expectations of Value Line Larger investors about its performance. Value Line is trading at 40.12 as of the 5th of December 2024; that is 2.74% up since the beginning of the trading day. The fund's open price was 39.05.
With this module, you can estimate the performance of a buy and hold strategy of Value Line Larger and determine expected loss or profit from investing in Value Line over a given investment horizon. Check out Value Line Correlation, Value Line Volatility and Value Line Alpha and Beta module to complement your research on Value Line.
For more information on how to buy Value Mutual Fund please use our How to Invest in Value Line guide.
Symbol

Please note, there is a significant difference between Value Line's value and its price as these two are different measures arrived at by different means. Investors typically determine if Value Line is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Value Line'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.

Value Line '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 Value Line'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 Value Line.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in Value Line on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Value Line Larger or generate 0.0% return on investment in Value Line over 30 days. Value Line is related to or competes with Value Line, Value Line, Value Line, Value Line, and Value Line. To achieve the funds investment objective, the adviser invests substantially all of the funds assets in common stock More

Value Line 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 Value Line'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 Value Line Larger upside and downside potential and time the market with a certain degree of confidence.

Value Line Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Value Line's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Value Line's standard deviation. In reality, there are many statistical measures that can use Value Line historical prices to predict the future Value Line's volatility.
Hype
Prediction
LowEstimatedHigh
39.1840.3541.52
Details
Intrinsic
Valuation
LowRealHigh
36.1142.6343.80
Details
Naive
Forecast
LowNextHigh
38.7639.9441.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
38.2838.9839.69
Details

Value Line Larger Backtested Returns

Value Line appears to be very steady, given 3 months investment horizon. Value Line Larger owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.35, which indicates the fund had a 0.35% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Value Line Larger, which you can use to evaluate the volatility of the fund. Please review Value Line's Risk Adjusted Performance of 0.2201, coefficient of variation of 341.78, and Semi Deviation of 0.777 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.98, which indicates possible diversification benefits within a given portfolio. Value Line returns are very sensitive to returns on the market. As the market goes up or down, Value Line is expected to follow.

Auto-correlation

    
  0.36  

Below average predictability

Value Line Larger has below average predictability. Overlapping area represents the amount of predictability between Value Line time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th of December 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 Value Line Larger price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Value Line price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test0.51
Residual Average0.0
Price Variance0.47

Value Line Larger lagged returns against current returns

Autocorrelation, which is Value Line 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 Value Line's mutual fund expected returns. We can calculate the autocorrelation of Value Line returns to help us make a trade decision. For example, suppose you find that Value Line 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  

Value Line 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 Value Line mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Value Line mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Value Line mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Value Line Lagged Returns

When evaluating Value Line's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Value Line mutual fund have on its future price. Value Line 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, Value Line autocorrelation shows the relationship between Value Line mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Value Line Larger.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Value Mutual Fund

Value Line financial ratios help investors to determine whether Value 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 Value with respect to the benefits of owning Value Line security.
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