Easterly Rocmuni High Fund Market Value
| RMHIX Fund | 2.95 0.01 0.34% |
| Symbol | Easterly |
Easterly Rocmuni '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 Easterly Rocmuni'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 Easterly Rocmuni.
| 05/14/2025 |
| 08/12/2025 |
If you would invest 0.00 in Easterly Rocmuni on May 14, 2025 and sell it all today you would earn a total of 0.00 from holding Easterly Rocmuni High or generate 0.0% return on investment in Easterly Rocmuni over 90 days. Easterly Rocmuni is related to or competes with Prudential High, The Hartford, American Century, Mesirow Financial, T Rowe, and Prudential High. Under normal market conditions, the fund will invest at least 80 percent of its net assets in tax exempt debt securities More
Easterly Rocmuni 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 Easterly Rocmuni'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 Easterly Rocmuni High upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 30.27 | |||
| Value At Risk | (5.21) | |||
| Potential Upside | 0.4666 |
Easterly Rocmuni Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Easterly Rocmuni's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Easterly Rocmuni's standard deviation. In reality, there are many statistical measures that can use Easterly Rocmuni historical prices to predict the future Easterly Rocmuni's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (1.06) | |||
| Total Risk Alpha | (1.65) | |||
| Treynor Ratio | 28.42 |
Easterly Rocmuni High Backtested Returns
Easterly Rocmuni High secures Sharpe Ratio (or Efficiency) of -0.23, which denotes the fund had a -0.23 % return per unit of risk over the last 3 months. Easterly Rocmuni High exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Easterly Rocmuni's Variance of 22.56, standard deviation of 4.75, and Mean Deviation of 2.06 to check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0376, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Easterly Rocmuni are expected to decrease at a much lower rate. During the bear market, Easterly Rocmuni is likely to outperform the market.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Easterly Rocmuni High has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Easterly Rocmuni time series from 14th of May 2025 to 28th of June 2025 and 28th of June 2025 to 12th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Easterly Rocmuni High price movement. The serial correlation of -0.77 indicates that around 77.0% of current Easterly Rocmuni price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Easterly Rocmuni High lagged returns against current returns
Autocorrelation, which is Easterly Rocmuni 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 Easterly Rocmuni's mutual fund expected returns. We can calculate the autocorrelation of Easterly Rocmuni returns to help us make a trade decision. For example, suppose you find that Easterly Rocmuni 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 |
Easterly Rocmuni 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 Easterly Rocmuni mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Easterly Rocmuni mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Easterly Rocmuni mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Easterly Rocmuni Lagged Returns
When evaluating Easterly Rocmuni's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Easterly Rocmuni mutual fund have on its future price. Easterly Rocmuni 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, Easterly Rocmuni autocorrelation shows the relationship between Easterly Rocmuni mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Easterly Rocmuni High.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Easterly Mutual Fund
Easterly Rocmuni financial ratios help investors to determine whether Easterly Mutual 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 Easterly with respect to the benefits of owning Easterly Rocmuni security.
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