Ellsworth Fund Market Value
| XECFX Fund | USD 11.92 0.01 0.08% |
| Symbol | Ellsworth |
Please note, there is a significant difference between Ellsworth Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellsworth Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellsworth Fund'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.
Ellsworth 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 Ellsworth 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 Ellsworth Fund.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Ellsworth Fund on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Ellsworth Fund or generate 0.0% return on investment in Ellsworth Fund over 90 days. Ellsworth Fund is related to or competes with Mesirow Financial, John Hancock, Transamerica Financial, Gabelli Global, and Davis Financial. Ellsworth Fund is entity of United States More
Ellsworth 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 Ellsworth 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 Ellsworth Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9426 | |||
| Information Ratio | 0.159 | |||
| Maximum Drawdown | 4.45 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.53 |
Ellsworth Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ellsworth Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ellsworth Fund's standard deviation. In reality, there are many statistical measures that can use Ellsworth Fund historical prices to predict the future Ellsworth Fund's volatility.| Risk Adjusted Performance | 0.311 | |||
| Jensen Alpha | 0.1707 | |||
| Total Risk Alpha | 0.146 | |||
| Sortino Ratio | 0.1351 | |||
| Treynor Ratio | 0.386 |
Ellsworth Fund Backtested Returns
Ellsworth Fund appears to be very steady, given 3 months investment horizon. Ellsworth Fund secures Sharpe Ratio (or Efficiency) of 0.42, which denotes the fund had a 0.42 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ellsworth Fund, which you can use to evaluate the volatility of the entity. Please utilize Ellsworth Fund's Coefficient Of Variation of 298.74, downside deviation of 0.9426, and Mean Deviation of 0.5977 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.67, which means possible diversification benefits within a given portfolio. As returns on the market increase, Ellsworth Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ellsworth Fund is expected to be smaller as well.
Auto-correlation | 0.60 |
Good predictability
Ellsworth Fund has good predictability. Overlapping area represents the amount of predictability between Ellsworth Fund 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 Ellsworth Fund price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Ellsworth Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Ellsworth Fund lagged returns against current returns
Autocorrelation, which is Ellsworth 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 Ellsworth Fund's mutual fund expected returns. We can calculate the autocorrelation of Ellsworth Fund returns to help us make a trade decision. For example, suppose you find that Ellsworth 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 |
Ellsworth 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 Ellsworth Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ellsworth 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 Ellsworth Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ellsworth Fund Lagged Returns
When evaluating Ellsworth Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ellsworth Fund mutual fund have on its future price. Ellsworth 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, Ellsworth Fund autocorrelation shows the relationship between Ellsworth Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ellsworth Fund.
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 Ellsworth Mutual Fund
Ellsworth Fund financial ratios help investors to determine whether Ellsworth 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 Ellsworth with respect to the benefits of owning Ellsworth Fund security.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |