Fznopx Fund Market Value
| FZNOPX Fund | 10.13 0.21 2.12% |
| Symbol | Fznopx |
Please note, there is a significant difference between Fznopx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fznopx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fznopx'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.
Fznopx '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 Fznopx'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 Fznopx.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Fznopx on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Fznopx or generate 0.0% return on investment in Fznopx over 90 days. Fznopx is related to or competes with Sprott Gold, James Balanced, Deutsche Gold, Franklin Gold, Fidelity Advisor, and Goldman Sachs. Fznopx is entity of United States. It is traded as Fund on NMFQS exchange. More
Fznopx 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 Fznopx'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 Fznopx upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | 0.016 | |||
| Maximum Drawdown | 5.29 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.76 |
Fznopx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fznopx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fznopx's standard deviation. In reality, there are many statistical measures that can use Fznopx historical prices to predict the future Fznopx's volatility.| Risk Adjusted Performance | 0.1743 | |||
| Jensen Alpha | 0.0323 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0148 | |||
| Treynor Ratio | 0.2041 |
Fznopx Backtested Returns
At this stage we consider Fznopx Fund to be very steady. Fznopx 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-eight technical indicators for Fznopx, which you can use to evaluate the volatility of the entity. Please confirm Fznopx's Mean Deviation of 0.7462, downside deviation of 1.1, and Coefficient Of Variation of 521.02 to check if the risk estimate we provide is consistent with the expected return of 0.16%. The fund shows a Beta (market volatility) of 0.9, which means possible diversification benefits within a given portfolio. Fznopx returns are very sensitive to returns on the market. As the market goes up or down, Fznopx is expected to follow.
Auto-correlation | 0.80 |
Very good predictability
Fznopx has very good predictability. Overlapping area represents the amount of predictability between Fznopx time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 Fznopx price movement. The serial correlation of 0.8 indicates that around 80.0% of current Fznopx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Fznopx lagged returns against current returns
Autocorrelation, which is Fznopx 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 Fznopx's fund expected returns. We can calculate the autocorrelation of Fznopx returns to help us make a trade decision. For example, suppose you find that Fznopx 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 |
Fznopx 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 Fznopx fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fznopx fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fznopx fund over time.
Current vs Lagged Prices |
| Timeline |
Fznopx Lagged Returns
When evaluating Fznopx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fznopx fund have on its future price. Fznopx 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, Fznopx autocorrelation shows the relationship between Fznopx fund current value and its past values and can show if there is a momentum factor associated with investing in Fznopx.
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 Fznopx Fund
Fznopx financial ratios help investors to determine whether Fznopx 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 Fznopx with respect to the benefits of owning Fznopx security.
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