HENDERSON Mutual Fund Market Value

HDCVX
 Fund
  

USD 13.19  0.02  0.15%   

HENDERSON DIVIDEND's market value is the price at which a share of HENDERSON DIVIDEND stock trades on a public exchange. It measures the collective expectations of HENDERSON DIVIDEND INCOME investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of HENDERSON DIVIDEND INCOME and determine expected loss or profit from investing in HENDERSON DIVIDEND over a given investment horizon. Please check HENDERSON DIVIDEND Correlation, HENDERSON DIVIDEND Volatility and HENDERSON DIVIDEND Alpha and Beta module to complement your research on HENDERSON DIVIDEND.
Symbol

Please note, there is a significant difference between HENDERSON DIVIDEND's value and its price as these two are different measures arrived at by different means. Investors typically determine HENDERSON DIVIDEND value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HENDERSON DIVIDEND'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.

HENDERSON DIVIDEND '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 HENDERSON DIVIDEND'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 HENDERSON DIVIDEND.
0.00
12/11/2021
No Change 0.00  0.0 
In 11 months and 26 days
12/06/2022
0.00
If you would invest  0.00  in HENDERSON DIVIDEND on December 11, 2021 and sell it all today you would earn a total of 0.00 from holding HENDERSON DIVIDEND INCOME or generate 0.0% return on investment in HENDERSON DIVIDEND over 360 days. HENDERSON DIVIDEND is related to or competes with Procter Gamble, Barloworld, and FT Cboe. The fund invests at least 80 percent of its net assets in a portfolio of income-producing securities More

HENDERSON DIVIDEND 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 HENDERSON DIVIDEND'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 HENDERSON DIVIDEND INCOME upside and downside potential and time the market with a certain degree of confidence.

HENDERSON DIVIDEND Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for HENDERSON DIVIDEND's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HENDERSON DIVIDEND's standard deviation. In reality, there are many statistical measures that can use HENDERSON DIVIDEND historical prices to predict the future HENDERSON DIVIDEND's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of HENDERSON DIVIDEND's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of HENDERSON DIVIDEND in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
11.7613.1914.62
Details
Intrinsic
Valuation
LowReal ValueHigh
11.1612.5914.02
Details
Naive
Forecast
LowNext ValueHigh
11.7213.1514.57
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.4412.4913.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HENDERSON DIVIDEND. Your research has to be compared to or analyzed against HENDERSON DIVIDEND's peers to derive any actionable benefits. When done correctly, HENDERSON DIVIDEND's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in HENDERSON DIVIDEND INCOME.

HENDERSON DIVIDEND INCOME Backtested Returns

We consider HENDERSON DIVIDEND not too volatile. HENDERSON DIVIDEND INCOME holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had 0.13% of return per unit of volatility over the last 3 months. Our viewpoint regarding determining the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for HENDERSON DIVIDEND INCOME, which you can use to evaluate the future volatility of the entity. Please check out HENDERSON DIVIDEND market risk adjusted performance of (33.12), and Risk Adjusted Performance of 0.1755 to validate if the risk estimate we provide is consistent with the expected return of 0.18%.
The fund retains a Market Volatility (i.e., Beta) of -0.0047, which attests to not very significant fluctuations relative to the market. Let's try to break down what HENDERSON's beta means in this case. As returns on the market increase, returns on owning HENDERSON DIVIDEND are expected to decrease at a much lower rate. During the bear market, HENDERSON DIVIDEND is likely to outperform the market. Although it is important to respect HENDERSON DIVIDEND INCOME current price history, it is better to be realistic regarding the information on the equity's current price movements. The way of determining future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining HENDERSON DIVIDEND INCOME technical indicators, you can today evaluate if the expected return of 0.18% will be sustainable into the future.

Auto-correlation

    
  0.15  

Insignificant predictability

HENDERSON DIVIDEND INCOME has insignificant predictability. Overlapping area represents the amount of predictability between HENDERSON DIVIDEND time series from 11th of December 2021 to 9th of June 2022 and 9th of June 2022 to 6th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of HENDERSON DIVIDEND INCOME price movement. The serial correlation of 0.15 indicates that less than 15.0% of current HENDERSON DIVIDEND price fluctuation can be explain by its past prices.
Correlation Coefficient0.15
Spearman Rank Test0.12
Residual Average0.0
Price Variance0.31

HENDERSON DIVIDEND INCOME lagged returns against current returns

Autocorrelation, which is HENDERSON DIVIDEND 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 HENDERSON DIVIDEND's mutual fund expected returns. We can calculate the autocorrelation of HENDERSON DIVIDEND returns to help us make a trade decision. For example, suppose you find that HENDERSON DIVIDEND mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

HENDERSON DIVIDEND 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 HENDERSON DIVIDEND mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HENDERSON DIVIDEND mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HENDERSON DIVIDEND mutual fund over time.
   Current vs Lagged Prices   
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       Timeline  

HENDERSON DIVIDEND Lagged Returns

When evaluating HENDERSON DIVIDEND's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HENDERSON DIVIDEND mutual fund have on its future price. HENDERSON DIVIDEND 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, HENDERSON DIVIDEND autocorrelation shows the relationship between HENDERSON DIVIDEND mutual fund current value and its past values and can show if there is a momentum factor associated with investing in HENDERSON DIVIDEND INCOME.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in HENDERSON DIVIDEND without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check HENDERSON DIVIDEND Correlation, HENDERSON DIVIDEND Volatility and HENDERSON DIVIDEND Alpha and Beta module to complement your research on HENDERSON DIVIDEND. You can also try Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for analysis

When running HENDERSON DIVIDEND INCOME price analysis, check to measure HENDERSON DIVIDEND's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HENDERSON DIVIDEND is operating at the current time. Most of HENDERSON DIVIDEND's value examination focuses on studying past and present price action to predict the probability of HENDERSON DIVIDEND's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HENDERSON DIVIDEND's price. Additionally, you may evaluate how the addition of HENDERSON DIVIDEND to your portfolios can decrease your overall portfolio volatility.
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HENDERSON DIVIDEND technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of HENDERSON DIVIDEND technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HENDERSON DIVIDEND trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...