Lifex Income Fund Market Value
| LFEMX Fund | 19.31 0.16 0.84% |
| Symbol | Lifex |
Lifex Income '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 Lifex Income'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 Lifex Income.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Lifex Income on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Lifex Income or generate 0.0% return on investment in Lifex Income over 90 days. Lifex Income is related to or competes with Siit Emerging, Barings Emerging, Rbc Emerging, Kinetics Market, Ep Emerging, Aqr Long, and Extended Market. More
Lifex Income 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 Lifex Income'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 Lifex Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 3.37 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.04 |
Lifex Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lifex Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lifex Income's standard deviation. In reality, there are many statistical measures that can use Lifex Income historical prices to predict the future Lifex Income's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.8411 |
Lifex Income Backtested Returns
Lifex Income has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11% return per unit of risk over the last 3 months. Lifex Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lifex Income's Standard Deviation of 0.7325, mean deviation of 0.5357, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of -0.1, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lifex Income are expected to decrease at a much lower rate. During the bear market, Lifex Income is likely to outperform the market.
Auto-correlation | -0.56 |
Good reverse predictability
Lifex Income has good reverse predictability. Overlapping area represents the amount of predictability between Lifex Income time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lifex Income price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Lifex Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Lifex Income lagged returns against current returns
Autocorrelation, which is Lifex Income 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 Lifex Income's mutual fund expected returns. We can calculate the autocorrelation of Lifex Income returns to help us make a trade decision. For example, suppose you find that Lifex Income 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 |
Lifex Income 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 Lifex Income mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lifex Income mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lifex Income mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Lifex Income Lagged Returns
When evaluating Lifex Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lifex Income mutual fund have on its future price. Lifex Income 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, Lifex Income autocorrelation shows the relationship between Lifex Income mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Lifex Income.
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 Lifex Mutual Fund
Lifex Income financial ratios help investors to determine whether Lifex 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 Lifex with respect to the benefits of owning Lifex Income security.
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