Income Mutual Fund Market Value

AMEFX
 Fund
  

USD 23.81  0.06  0.25%   

Income Fund's market value is the price at which a share of Income Fund stock trades on a public exchange. It measures the collective expectations of The Income Fund investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of The Income Fund and determine expected loss or profit from investing in Income Fund over a given investment horizon. Please continue to Income Fund Hype Analysis, Income Fund Correlation, Portfolio Optimization, Income Fund Volatility, as well as analyze Income Fund Alpha and Beta and Income Fund Performance.
Symbol

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

Income 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 Income 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 Income Fund.
0.00
09/17/2020
No Change 0.00  0.0 
In 1 year 10 months and 22 days
08/08/2022
0.00
If you would invest  0.00  in Income Fund on September 17, 2020 and sell it all today you would earn a total of 0.00 from holding The Income Fund or generate 0.0% return on investment in Income Fund over 690 days. Income Fund is related to or competes with Exxon. Normally the fund invests primarily in income-producing securitiesMore

Income 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 Income 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 The Income Fund upside and downside potential and time the market with a certain degree of confidence.

Income Fund Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Income Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Income Fund's standard deviation. In reality, there are many statistical measures that can use Income Fund historical prices to predict the future Income Fund's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Income Fund'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 Income Fund in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
22.9723.8124.65
Details
Intrinsic
Valuation
LowReal ValueHigh
22.9523.7924.63
Details
Naive
Forecast
LowNext ValueHigh
22.8223.6624.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.6723.3424.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Income Fund. Your research has to be compared to or analyzed against Income Fund's peers to derive any actionable benefits. When done correctly, Income Fund'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 Income Fund.

Income Fund Backtested Returns

We consider Income Fund very steady. Income Fund holds Efficiency (Sharpe) Ratio of 0.0058, which attests that the entity had 0.0058% of return per unit of risk over the last 3 months. Our standpoint towards 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 Income Fund, which you can use to evaluate the future volatility of the entity. Please check out Income Fund market risk adjusted performance of (0.09), and Risk Adjusted Performance of (0.09) to validate if the risk estimate we provide is consistent with the expected return of 0.0049%.
The fund retains a Market Volatility (i.e., Beta) of 0.6217, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Income's beta means in this case. As returns on the market increase, Income Fund returns are expected to increase less than the market. However, during the bear market, the loss on holding Income Fund will be expected to be smaller as well. Although it is important to respect Income Fund current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards 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 evaluating Income Fund technical indicators, you can presently evaluate if the expected return of 0.0049% will be sustainable into the future.

Auto-correlation

    
  -0.28  

Weak reverse predictability

The Income Fund has weak reverse predictability. Overlapping area represents the amount of predictability between Income Fund time series from 17th of September 2020 to 28th of August 2021 and 28th of August 2021 to 8th of August 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 Income Fund price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Income Fund price fluctuation can be explain by its past prices.
Correlation Coefficient-0.28
Spearman Rank Test-0.31
Residual Average0.0
Price Variance0.48

Income Fund lagged returns against current returns

Autocorrelation, which is Income 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 Income Fund's mutual fund expected returns. We can calculate the autocorrelation of Income Fund returns to help us make a trade decision. For example, suppose you find that Income Fund 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  

Income 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 Income Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Income 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 Income Fund mutual fund over time.
   Current vs Lagged Prices   
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       Timeline  

Income Fund Lagged Returns

When evaluating Income Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Income Fund mutual fund have on its future price. Income 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, Income Fund autocorrelation shows the relationship between Income Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Income Fund.
   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 Income Fund without increasing your portfolio risk or giving up 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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Pair Trading with Income Fund

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Income Fund position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Income Fund will appreciate offsetting losses from the drop in the long position's value.

Moving together with Income Fund

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0.83VFIAXVanguard 500 Index Low VolatilityPairCorr
0.88DISWalt Disney Earnings Call  This WeekPairCorr
The ability to find closely correlated positions to Income Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Income Fund when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Income Fund - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Income Fund to buy it.
The correlation of Income Fund is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Income Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Income Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Income Fund can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Income Fund Hype Analysis, Income Fund Correlation, Portfolio Optimization, Income Fund Volatility, as well as analyze Income Fund Alpha and Beta and Income Fund Performance. Note that the Income Fund information on this page should be used as a complementary analysis to other Income Fund's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Income Mutual Fund analysis

When running Income Fund price analysis, check to measure Income Fund'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 Income Fund is operating at the current time. Most of Income Fund's value examination focuses on studying past and present price action to predict the probability of Income Fund's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Income Fund's price. Additionally, you may evaluate how the addition of Income Fund to your portfolios can decrease your overall portfolio volatility.
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Income Fund 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, stock market cycles, or different charting patterns.
A focus of Income Fund technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Income Fund 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...