Resq Dynamic Allocation Fund Market Value
RQEAX Fund | USD 9.55 0.07 0.74% |
Symbol | Resq |
Resq Dynamic '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 Resq Dynamic'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 Resq Dynamic.
01/28/2024 |
| 03/28/2024 |
If you would invest 0.00 in Resq Dynamic on January 28, 2024 and sell it all today you would earn a total of 0.00 from holding Resq Dynamic Allocation or generate 0.0% return on investment in Resq Dynamic over 60 days. Resq Dynamic is related to or competes with State Farm, Resq Dynamic, Resq Strategic, Resq Strategic, Resq Strategic, and Putnam High. The fund seeks to achieve its investment objective by investing, either directly or indirectly through mutual funds and ... More
Resq Dynamic 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 Resq Dynamic'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 Resq Dynamic Allocation upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.6095 | |||
Information Ratio | (0.21) | |||
Maximum Drawdown | 2.42 | |||
Value At Risk | (0.90) | |||
Potential Upside | 0.8677 |
Resq Dynamic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Resq Dynamic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Resq Dynamic's standard deviation. In reality, there are many statistical measures that can use Resq Dynamic historical prices to predict the future Resq Dynamic's volatility.Risk Adjusted Performance | 0.0069 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | (0.21) | |||
Treynor Ratio | 3.39 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Resq Dynamic'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.
Resq Dynamic Allocation Backtested Returns
We consider Resq Dynamic very steady. Resq Dynamic Allocation maintains Sharpe Ratio (i.e., Efficiency) of 0.0086, which implies the entity had a 0.0086% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Resq Dynamic Allocation, which you can use to evaluate the volatility of the fund. Please check Resq Dynamic's Coefficient Of Variation of 9171.28, risk adjusted performance of 0.0069, and Semi Deviation of 0.5582 to confirm if the risk estimate we provide is consistent with the expected return of 0.0053%. The fund holds a Beta of -0.001, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Resq Dynamic are expected to decrease at a much lower rate. During the bear market, Resq Dynamic is likely to outperform the market.
Auto-correlation | 0.59 |
Modest predictability
Resq Dynamic Allocation has modest predictability. Overlapping area represents the amount of predictability between Resq Dynamic time series from 28th of January 2024 to 27th of February 2024 and 27th of February 2024 to 28th of March 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 Resq Dynamic Allocation price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Resq Dynamic price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.59 | |
Spearman Rank Test | 0.44 | |
Residual Average | 0.0 | |
Price Variance | 0.02 |
Resq Dynamic Allocation lagged returns against current returns
Autocorrelation, which is Resq Dynamic 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 Resq Dynamic's mutual fund expected returns. We can calculate the autocorrelation of Resq Dynamic returns to help us make a trade decision. For example, suppose you find that Resq Dynamic 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 |
Resq Dynamic 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 Resq Dynamic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Resq Dynamic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Resq Dynamic mutual fund over time.
Current vs Lagged Prices |
Timeline |
Resq Dynamic Lagged Returns
When evaluating Resq Dynamic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Resq Dynamic mutual fund have on its future price. Resq Dynamic 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, Resq Dynamic autocorrelation shows the relationship between Resq Dynamic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Resq Dynamic Allocation.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Resq Dynamic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Resq Dynamic's short interest history, or implied volatility extrapolated from Resq Dynamic options trading.
Currently Active Assets on Macroaxis
Check out Resq Dynamic Correlation, Resq Dynamic Volatility and Resq Dynamic Alpha and Beta module to complement your research on Resq Dynamic. Note that the Resq Dynamic Allocation information on this page should be used as a complementary analysis to other Resq Dynamic'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 the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Resq Mutual Fund analysis
When running Resq Dynamic's price analysis, check to measure Resq Dynamic'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 Resq Dynamic is operating at the current time. Most of Resq Dynamic's value examination focuses on studying past and present price action to predict the probability of Resq Dynamic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resq Dynamic's price. Additionally, you may evaluate how the addition of Resq Dynamic to your portfolios can decrease your overall portfolio volatility.
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Resq Dynamic 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.