Tfa Alphagen Growth Fund Market Value
| TFAGX Fund | USD 11.30 0.04 0.36% |
| Symbol | Tfa |
Tfa Alphagen '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 Tfa Alphagen'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 Tfa Alphagen.
| 04/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Tfa Alphagen on April 30, 2024 and sell it all today you would earn a total of 0.00 from holding Tfa Alphagen Growth or generate 0.0% return on investment in Tfa Alphagen over 210 days. Tfa Alphagen is related to or competes with Tfa Quantitative, Tfa Tactical, Fidelity Telecom, Fidelity Short, Goldman Sachs, Pace Smallmedium, and Vanguard Global. The Sub-Adviser seeks to achieve the funds investment objective by employing an active, risk-managed, multi-strategy inv... More
Tfa Alphagen 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 Tfa Alphagen'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 Tfa Alphagen Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.35 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.32 |
Tfa Alphagen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tfa Alphagen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tfa Alphagen's standard deviation. In reality, there are many statistical measures that can use Tfa Alphagen historical prices to predict the future Tfa Alphagen's volatility.| Risk Adjusted Performance | 0.0817 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0899 |
Tfa Alphagen Growth Backtested Returns
At this stage we consider Tfa Mutual Fund to be very steady. Tfa Alphagen Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tfa Alphagen Growth, which you can use to evaluate the volatility of the fund. Please validate Tfa Alphagen's Risk Adjusted Performance of 0.0817, coefficient of variation of 948.56, and Semi Deviation of 0.8524 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of 0.9, which indicates possible diversification benefits within a given portfolio. Tfa Alphagen returns are very sensitive to returns on the market. As the market goes up or down, Tfa Alphagen is expected to follow.
Auto-correlation | 0.44 |
Average predictability
Tfa Alphagen Growth has average predictability. Overlapping area represents the amount of predictability between Tfa Alphagen time series from 30th of April 2024 to 13th of August 2024 and 13th of August 2024 to 26th of November 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 Tfa Alphagen Growth price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Tfa Alphagen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Tfa Alphagen Growth lagged returns against current returns
Autocorrelation, which is Tfa Alphagen 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 Tfa Alphagen's mutual fund expected returns. We can calculate the autocorrelation of Tfa Alphagen returns to help us make a trade decision. For example, suppose you find that Tfa Alphagen 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 |
Tfa Alphagen 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 Tfa Alphagen mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tfa Alphagen mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tfa Alphagen mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tfa Alphagen Lagged Returns
When evaluating Tfa Alphagen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tfa Alphagen mutual fund have on its future price. Tfa Alphagen 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, Tfa Alphagen autocorrelation shows the relationship between Tfa Alphagen mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tfa Alphagen Growth.
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 Tfa Mutual Fund
Tfa Alphagen financial ratios help investors to determine whether Tfa 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 Tfa with respect to the benefits of owning Tfa Alphagen security.
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