Fadzx Fund Market Value
| FADZX Fund | USD 10.29 0.02 0.19% |
| Symbol | Fadzx |
Please note, there is a significant difference between Fadzx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fadzx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fadzx'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.
Fadzx '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 Fadzx'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 Fadzx.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Fadzx on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Fadzx or generate 0.0% return on investment in Fadzx over 90 days. Fadzx is related to or competes with Rational/pier, Calamos Dynamic, Columbia Convertible, Virtus Convertible, Lord Abbett, Fidelity Sai, and Absolute Convertible. Fadzx is entity of United States. It is traded as Fund on NMFQS exchange. More
Fadzx 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 Fadzx'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 Fadzx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1537 | |||
| Information Ratio | (0.81) | |||
| Maximum Drawdown | 0.5939 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.2938 |
Fadzx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fadzx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fadzx's standard deviation. In reality, there are many statistical measures that can use Fadzx historical prices to predict the future Fadzx's volatility.| Risk Adjusted Performance | 0.145 | |||
| Jensen Alpha | 0.0207 | |||
| Total Risk Alpha | 6.0E-4 | |||
| Sortino Ratio | (0.72) | |||
| Treynor Ratio | (3.32) |
Fadzx Backtested Returns
At this stage we consider Fadzx Mutual Fund to be very steady. Fadzx secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the fund had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fadzx, which you can use to evaluate the volatility of the entity. Please confirm Fadzx's Coefficient Of Variation of 460.26, mean deviation of 0.1105, and Standard Deviation of 0.1376 to check if the risk estimate we provide is consistent with the expected return of 0.0238%. The fund shows a Beta (market volatility) of -0.006, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fadzx are expected to decrease at a much lower rate. During the bear market, Fadzx is likely to outperform the market.
Auto-correlation | 0.12 |
Insignificant predictability
Fadzx has insignificant predictability. Overlapping area represents the amount of predictability between Fadzx time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th 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 Fadzx price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Fadzx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fadzx lagged returns against current returns
Autocorrelation, which is Fadzx 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 Fadzx's mutual fund expected returns. We can calculate the autocorrelation of Fadzx returns to help us make a trade decision. For example, suppose you find that Fadzx 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 |
Fadzx 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 Fadzx mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fadzx mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fadzx mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fadzx Lagged Returns
When evaluating Fadzx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fadzx mutual fund have on its future price. Fadzx 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, Fadzx autocorrelation shows the relationship between Fadzx mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fadzx.
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 Fadzx Mutual Fund
Fadzx financial ratios help investors to determine whether Fadzx 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 Fadzx with respect to the benefits of owning Fadzx security.
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