Flkypx Fund Market Value
| FLKYPX Fund | 10.60 0.04 0.38% |
| Symbol | Flkypx |
Please note, there is a significant difference between Flkypx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flkypx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flkypx'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.
Flkypx '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 Flkypx'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 Flkypx.
| 04/15/2025 |
| 07/14/2025 |
If you would invest 0.00 in Flkypx on April 15, 2025 and sell it all today you would earn a total of 0.00 from holding Flkypx or generate 0.0% return on investment in Flkypx over 90 days. Flkypx is related to or competes with Ab Discovery, Omni Small-cap, Ab Small, Lsv Small, Great West, Lord Abbett, and Boston Partners. Flkypx is entity of United States. It is traded as Fund on NMFQS exchange. More
Flkypx 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 Flkypx'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 Flkypx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.1053 | |||
| Maximum Drawdown | 12.35 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.16 |
Flkypx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flkypx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flkypx's standard deviation. In reality, there are many statistical measures that can use Flkypx historical prices to predict the future Flkypx's volatility.| Risk Adjusted Performance | 0.3638 | |||
| Jensen Alpha | 0.1506 | |||
| Total Risk Alpha | 0.1337 | |||
| Sortino Ratio | 0.1357 | |||
| Treynor Ratio | 0.3777 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Flkypx'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.
Flkypx Backtested Returns
Flkypx appears to be very steady, given 3 months investment horizon. Flkypx secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the fund had a 0.3 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Flkypx, which you can use to evaluate the volatility of the entity. Please utilize Flkypx's Coefficient Of Variation of 381.35, mean deviation of 0.9611, and Downside Deviation of 1.22 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.06, which means a somewhat significant risk relative to the market. Flkypx returns are very sensitive to returns on the market. As the market goes up or down, Flkypx is expected to follow.
Auto-correlation | 0.87 |
Very good predictability
Flkypx has very good predictability. Overlapping area represents the amount of predictability between Flkypx time series from 15th of April 2025 to 30th of May 2025 and 30th of May 2025 to 14th 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 Flkypx price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Flkypx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Flkypx lagged returns against current returns
Autocorrelation, which is Flkypx 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 Flkypx's fund expected returns. We can calculate the autocorrelation of Flkypx returns to help us make a trade decision. For example, suppose you find that Flkypx 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 |
Flkypx 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 Flkypx fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flkypx fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flkypx fund over time.
Current vs Lagged Prices |
| Timeline |
Flkypx Lagged Returns
When evaluating Flkypx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flkypx fund have on its future price. Flkypx 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, Flkypx autocorrelation shows the relationship between Flkypx fund current value and its past values and can show if there is a momentum factor associated with investing in Flkypx.
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 Flkypx Fund
Flkypx financial ratios help investors to determine whether Flkypx 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 Flkypx with respect to the benefits of owning Flkypx security.
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