Cohen Steers Total Fund Market Value
| RFI Fund | USD 12.80 0.12 0.93% |
| Symbol | Cohen |
Cohen Steers '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 Cohen Steers' 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 Cohen Steers.
| 06/23/2024 |
| 09/21/2024 |
If you would invest 0.00 in Cohen Steers on June 23, 2024 and sell it all today you would earn a total of 0.00 from holding Cohen Steers Total or generate 0.0% return on investment in Cohen Steers over 90 days. Cohen Steers is related to or competes with Cohen Steers, Cohen, Reaves Utility, BlackRock Science, Cohen Steers, Pimco Dynamic, and Barings Participation. Cohen Steers Total Return Realty Fund, Inc More
Cohen Steers 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 Cohen Steers' 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 Cohen Steers Total upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9986 | |||
| Information Ratio | 0.1068 | |||
| Maximum Drawdown | 5.08 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 2.03 |
Cohen Steers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cohen Steers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cohen Steers' standard deviation. In reality, there are many statistical measures that can use Cohen Steers historical prices to predict the future Cohen Steers' volatility.| Risk Adjusted Performance | 0.1867 | |||
| Jensen Alpha | 0.1743 | |||
| Total Risk Alpha | 0.079 | |||
| Sortino Ratio | 0.1095 | |||
| Treynor Ratio | 0.5181 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cohen Steers' 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.
Cohen Steers Total Backtested Returns
Cohen Steers appears to be very steady, given 3 months investment horizon. Cohen Steers Total secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the fund had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cohen Steers Total, which you can use to evaluate the volatility of the entity. Please makes use of Cohen Steers' Downside Deviation of 0.9986, risk adjusted performance of 0.1867, and Mean Deviation of 0.8047 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cohen Steers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cohen Steers is expected to be smaller as well.
Auto-correlation | 0.90 |
Excellent predictability
Cohen Steers Total has excellent predictability. Overlapping area represents the amount of predictability between Cohen Steers time series from 23rd of June 2024 to 7th of August 2024 and 7th of August 2024 to 21st of September 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 Cohen Steers Total price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Cohen Steers price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Cohen Steers Total lagged returns against current returns
Autocorrelation, which is Cohen Steers 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 Cohen Steers' fund expected returns. We can calculate the autocorrelation of Cohen Steers returns to help us make a trade decision. For example, suppose you find that Cohen Steers has exhibited high autocorrelation historically, and you observe that the 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 |
Cohen Steers 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 Cohen Steers fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cohen Steers fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cohen Steers fund over time.
Current vs Lagged Prices |
| Timeline |
Cohen Steers Lagged Returns
When evaluating Cohen Steers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cohen Steers fund have on its future price. Cohen Steers 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, Cohen Steers autocorrelation shows the relationship between Cohen Steers fund current value and its past values and can show if there is a momentum factor associated with investing in Cohen Steers Total.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cohen Fund
Cohen Steers financial ratios help investors to determine whether Cohen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cohen with respect to the benefits of owning Cohen Steers security.
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