Retailing Fund Class Fund Market Value
| RYRTX Fund | USD 43.97 0.05 0.11% |
| Symbol | Retailing |
Retailing 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 Retailing 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 Retailing Fund.
| 03/21/2024 |
| 04/20/2024 |
If you would invest 0.00 in Retailing Fund on March 21, 2024 and sell it all today you would earn a total of 0.00 from holding Retailing Fund Class or generate 0.0% return on investment in Retailing Fund over 30 days. Retailing Fund is related to or competes with Amer Sports, International Paper, J Long, Marshall Ilsley, O I, Virco Manufacturing, and Energy Focu. Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Retailing Compa... More
Retailing 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 Retailing 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 Retailing Fund Class upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9299 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.4 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.43 |
Retailing Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Retailing Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Retailing Fund's standard deviation. In reality, there are many statistical measures that can use Retailing Fund historical prices to predict the future Retailing Fund's volatility.| Risk Adjusted Performance | 0.0533 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0514 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Retailing 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.
Retailing Fund Class Backtested Returns
We consider Retailing Fund very steady. Retailing Fund Class maintains Sharpe Ratio (i.e., Efficiency) of 0.0515, which implies the entity had a 0.0515% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Retailing Fund Class, which you can use to evaluate the volatility of the fund. Please check Retailing Fund's Coefficient Of Variation of 1221.7, semi deviation of 0.8718, and Risk Adjusted Performance of 0.0533 to confirm if the risk estimate we provide is consistent with the expected return of 0.0465%. The fund holds a Beta of 1.23, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Retailing Fund will likely underperform.
Auto-correlation | 0.69 |
Good predictability
Retailing Fund Class has good predictability. Overlapping area represents the amount of predictability between Retailing Fund time series from 21st of March 2024 to 5th of April 2024 and 5th of April 2024 to 20th of April 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 Retailing Fund Class price movement. The serial correlation of 0.69 indicates that around 69.0% of current Retailing Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
Retailing Fund Class lagged returns against current returns
Autocorrelation, which is Retailing 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 Retailing Fund's mutual fund expected returns. We can calculate the autocorrelation of Retailing Fund returns to help us make a trade decision. For example, suppose you find that Retailing Fund 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 |
Retailing 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 Retailing Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Retailing 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 Retailing Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Retailing Fund Lagged Returns
When evaluating Retailing Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Retailing Fund mutual fund have on its future price. Retailing 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, Retailing Fund autocorrelation shows the relationship between Retailing Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Retailing Fund Class.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Retailing Fund Correlation, Retailing Fund Volatility and Retailing Fund Alpha and Beta module to complement your research on Retailing Fund. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Retailing 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, fund market cycles, or different charting patterns.