Catalystmap Global Balanced Fund Market Value
| TRXIX Fund | USD 11.23 0.05 0.44% |
| Symbol | Catalystmap |
Catalystmap Global '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 Catalystmap Global'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 Catalystmap Global.
| 10/21/2023 |
| 04/18/2024 |
If you would invest 0.00 in Catalystmap Global on October 21, 2023 and sell it all today you would earn a total of 0.00 from holding Catalystmap Global Balanced or generate 0.0% return on investment in Catalystmap Global over 180 days. Catalystmap Global is related to or competes with Capital Income, Capital Income, Capital Income, Capital Income, Capital Income, and Capital Income. The fund invests primarily in a broad range of domestic and international, including emerging markets, fixed income and ... More
Catalystmap Global 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 Catalystmap Global'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 Catalystmap Global Balanced upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.386 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 1.43 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.4488 |
Catalystmap Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Catalystmap Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Catalystmap Global's standard deviation. In reality, there are many statistical measures that can use Catalystmap Global historical prices to predict the future Catalystmap Global's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Catalystmap Global'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.
Catalystmap Global Backtested Returns
We consider Catalystmap Global very steady. Catalystmap Global secures Sharpe Ratio (or Efficiency) of 0.0444, which signifies that the fund had a 0.0444% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Catalystmap Global Balanced, which you can use to evaluate the volatility of the entity. Please confirm Catalystmap Global's Risk Adjusted Performance of (0), mean deviation of 0.2254, and Downside Deviation of 0.386 to double-check if the risk estimate we provide is consistent with the expected return of 0.0132%. The fund shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Catalystmap Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Catalystmap Global is expected to be smaller as well.
Auto-correlation | 0.14 |
Insignificant predictability
Catalystmap Global Balanced has insignificant predictability. Overlapping area represents the amount of predictability between Catalystmap Global time series from 21st of October 2023 to 19th of January 2024 and 19th of January 2024 to 18th 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 Catalystmap Global price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Catalystmap Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Catalystmap Global lagged returns against current returns
Autocorrelation, which is Catalystmap Global 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 Catalystmap Global's mutual fund expected returns. We can calculate the autocorrelation of Catalystmap Global returns to help us make a trade decision. For example, suppose you find that Catalystmap Global 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 |
Catalystmap Global 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 Catalystmap Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Catalystmap Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Catalystmap Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Catalystmap Global Lagged Returns
When evaluating Catalystmap Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Catalystmap Global mutual fund have on its future price. Catalystmap Global 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, Catalystmap Global autocorrelation shows the relationship between Catalystmap Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Catalystmap Global Balanced.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Catalystmap Global Correlation, Catalystmap Global Volatility and Catalystmap Global Alpha and Beta module to complement your research on Catalystmap Global. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Catalystmap Global 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.