Centaur Total Return Fund Market Value
| TILDX Fund | USD 11.04 0.10 0.90% |
| Symbol | Centaur |
Centaur Total '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 Centaur Total'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 Centaur Total.
| 04/30/2022 |
| 04/19/2024 |
If you would invest 0.00 in Centaur Total on April 30, 2022 and sell it all today you would earn a total of 0.00 from holding Centaur Total Return or generate 0.0% return on investment in Centaur Total over 720 days. Centaur Total is related to or competes with Morningstar International, Europacific Growth, Fidelity Puritan, Growth Fund, Goldman Sachs, and Dodge Stock. In seeking to achieve its investment objectives, the fund typically invests in common stocks and other equity securities... More
Centaur Total 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 Centaur Total'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 Centaur Total Return upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.555 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 2.53 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 0.7819 |
Centaur Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centaur Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centaur Total's standard deviation. In reality, there are many statistical measures that can use Centaur Total historical prices to predict the future Centaur Total's volatility.| Risk Adjusted Performance | 0.0341 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0286 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Centaur Total'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.
Centaur Total Return Backtested Returns
We consider Centaur Total very steady. Centaur Total Return secures Sharpe Ratio (or Efficiency) of 0.0188, which signifies that the fund had a 0.0188% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Centaur Total Return, which you can use to evaluate the volatility of the entity. Please confirm Centaur Total's Mean Deviation of 0.4021, risk adjusted performance of 0.0341, and Downside Deviation of 0.555 to double-check if the risk estimate we provide is consistent with the expected return of 0.0101%. The fund shows a Beta (market volatility) of 0.7, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Centaur Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding Centaur Total is expected to be smaller as well.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Centaur Total Return has insignificant reverse predictability. Overlapping area represents the amount of predictability between Centaur Total time series from 30th of April 2022 to 25th of April 2023 and 25th of April 2023 to 19th 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 Centaur Total Return price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Centaur Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Centaur Total Return lagged returns against current returns
Autocorrelation, which is Centaur Total 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 Centaur Total's mutual fund expected returns. We can calculate the autocorrelation of Centaur Total returns to help us make a trade decision. For example, suppose you find that Centaur Total 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 |
Centaur Total 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 Centaur Total mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centaur Total mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centaur Total mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Centaur Total Lagged Returns
When evaluating Centaur Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centaur Total mutual fund have on its future price. Centaur Total 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, Centaur Total autocorrelation shows the relationship between Centaur Total mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Centaur Total Return.
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 Centaur Total 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, Centaur Total's short interest history, or implied volatility extrapolated from Centaur Total options trading.
Currently Active Assets on Macroaxis
Check out Centaur Total Correlation, Centaur Total Volatility and Centaur Total Alpha and Beta module to complement your research on Centaur Total. Note that the Centaur Total Return information on this page should be used as a complementary analysis to other Centaur Total'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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
Centaur Total 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.