Heritage Fund Investor Fund Market Value
| TWHIX Fund | USD 26.14 0.18 0.68% |
| Symbol | Heritage |
Heritage Fund '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 Heritage Fund'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 Heritage Fund.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Heritage Fund on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Heritage Fund Investor or generate 0.0% return on investment in Heritage Fund over 90 days. Heritage Fund is related to or competes with Growth Fund, Select Fund, Emerging Markets, Ultra Fund, and International Growth. The fund normally invests in stocks of medium-sized companies that the adviser believes will increase in value over time... More
Heritage Fund 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 Heritage Fund'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 Heritage Fund Investor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8659 | |||
| Information Ratio | 0.1013 | |||
| Maximum Drawdown | 6.3 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.77 |
Heritage Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heritage Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Heritage Fund's standard deviation. In reality, there are many statistical measures that can use Heritage Fund historical prices to predict the future Heritage Fund's volatility.| Risk Adjusted Performance | 0.2473 | |||
| Jensen Alpha | 0.1547 | |||
| Total Risk Alpha | 0.0796 | |||
| Sortino Ratio | 0.1219 | |||
| Treynor Ratio | 0.387 |
Heritage Fund Investor Backtested Returns
Heritage Fund appears to be very steady, given 3 months investment horizon. Heritage Fund Investor holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had a 0.27 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Heritage Fund Investor, which you can use to evaluate the volatility of the entity. Please utilize Heritage Fund's Risk Adjusted Performance of 0.2473, market risk adjusted performance of 0.397, and Downside Deviation of 0.8659 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Heritage Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Heritage Fund is expected to be smaller as well.
Auto-correlation | 0.88 |
Very good predictability
Heritage Fund Investor has very good predictability. Overlapping area represents the amount of predictability between Heritage Fund 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 Heritage Fund Investor price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Heritage Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Heritage Fund Investor lagged returns against current returns
Autocorrelation, which is Heritage Fund 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 Heritage Fund's mutual fund expected returns. We can calculate the autocorrelation of Heritage Fund returns to help us make a trade decision. For example, suppose you find that Heritage Fund 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 |
Heritage Fund 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 Heritage Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Heritage Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Heritage Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Heritage Fund Lagged Returns
When evaluating Heritage Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Heritage Fund mutual fund have on its future price. Heritage Fund 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, Heritage Fund autocorrelation shows the relationship between Heritage Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Heritage Fund Investor.
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 Heritage Mutual Fund
Heritage Fund financial ratios help investors to determine whether Heritage 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 Heritage with respect to the benefits of owning Heritage Fund security.
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