Ftdbx Fund Market Value
| FTDBX Fund | USD 68.19 0.29 0.43% |
| Symbol | Ftdbx |
Please note, there is a significant difference between Ftdbx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ftdbx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ftdbx'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.
Ftdbx '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 Ftdbx'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 Ftdbx.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Ftdbx on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Ftdbx or generate 0.0% return on investment in Ftdbx over 90 days. Ftdbx is related to or competes with Franklin Growth, T Rowe, Praxis Genesis, Tfa Alphagen, Qs Defensive, Morningstar Growth, and Upright Growth. Ftdbx is entity of United States. It is traded as Fund on NMFQS exchange. More
Ftdbx 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 Ftdbx'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 Ftdbx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5753 | |||
| Information Ratio | 0.0813 | |||
| Maximum Drawdown | 2.61 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.35 |
Ftdbx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ftdbx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ftdbx's standard deviation. In reality, there are many statistical measures that can use Ftdbx historical prices to predict the future Ftdbx's volatility.| Risk Adjusted Performance | 0.2956 | |||
| Jensen Alpha | 0.1846 | |||
| Total Risk Alpha | 0.0966 | |||
| Sortino Ratio | 0.0823 | |||
| Treynor Ratio | (3.60) |
Ftdbx Backtested Returns
At this stage we consider Ftdbx Mutual Fund to be very steady. Ftdbx secures Sharpe Ratio (or Efficiency) of 0.34, which denotes the fund had a 0.34 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ftdbx, which you can use to evaluate the volatility of the entity. Please confirm Ftdbx's Downside Deviation of 0.5753, coefficient of variation of 309.63, and Mean Deviation of 0.4278 to check if the risk estimate we provide is consistent with the expected return of 0.19%. The fund shows a Beta (market volatility) of -0.0495, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ftdbx are expected to decrease at a much lower rate. During the bear market, Ftdbx is likely to outperform the market.
Auto-correlation | 0.84 |
Very good predictability
Ftdbx has very good predictability. Overlapping area represents the amount of predictability between Ftdbx time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Ftdbx price movement. The serial correlation of 0.84 indicates that around 84.0% of current Ftdbx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.66 |
Ftdbx lagged returns against current returns
Autocorrelation, which is Ftdbx 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 Ftdbx's mutual fund expected returns. We can calculate the autocorrelation of Ftdbx returns to help us make a trade decision. For example, suppose you find that Ftdbx 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 |
Ftdbx 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 Ftdbx mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ftdbx mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ftdbx mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ftdbx Lagged Returns
When evaluating Ftdbx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ftdbx mutual fund have on its future price. Ftdbx 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, Ftdbx autocorrelation shows the relationship between Ftdbx mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ftdbx.
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 Ftdbx Mutual Fund
Ftdbx financial ratios help investors to determine whether Ftdbx 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 Ftdbx with respect to the benefits of owning Ftdbx security.
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