Short Real Estate Fund Market Value

SRPIX Fund  USD 8.14  0.04  0.49%   
Short Real's market value is the price at which a share of Short Real trades on a public exchange. It measures the collective expectations of Short Real Estate investors about its performance. Short Real is trading at 8.14 as of the 16th of December 2024; that is 0.49 percent up since the beginning of the trading day. The fund's open price was 8.1.
With this module, you can estimate the performance of a buy and hold strategy of Short Real Estate and determine expected loss or profit from investing in Short Real over a given investment horizon. Check out Short Real Correlation, Short Real Volatility and Short Real Alpha and Beta module to complement your research on Short Real.
Symbol

Please note, there is a significant difference between Short Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Short Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Short Real's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Short Real '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 Short Real'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 Short Real.
0.00
12/27/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/16/2024
0.00
If you would invest  0.00  in Short Real on December 27, 2022 and sell it all today you would earn a total of 0.00 from holding Short Real Estate or generate 0.0% return on investment in Short Real over 720 days. Short Real is related to or competes with Short Real, Ultrashort Mid, Ultrashort Mid, Technology Ultrasector, Technology Ultrasector, and Large Cap. The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns ... More

Short Real 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 Short Real'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 Short Real Estate upside and downside potential and time the market with a certain degree of confidence.

Short Real Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Short Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Short Real's standard deviation. In reality, there are many statistical measures that can use Short Real historical prices to predict the future Short Real's volatility.
Hype
Prediction
LowEstimatedHigh
7.248.149.04
Details
Intrinsic
Valuation
LowRealHigh
6.507.408.30
Details

Short Real Estate Backtested Returns

At this stage we consider Short Mutual Fund to be not too volatile. Short Real Estate owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the fund had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Short Real Estate, which you can use to evaluate the volatility of the fund. Please validate Short Real's Risk Adjusted Performance of 0.0712, coefficient of variation of 1048.01, and Semi Deviation of 0.7135 to confirm if the risk estimate we provide is consistent with the expected return of 0.0909%. The entity has a beta of -0.0596, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Short Real are expected to decrease at a much lower rate. During the bear market, Short Real is likely to outperform the market.

Auto-correlation

    
  -0.51  

Good reverse predictability

Short Real Estate has good reverse predictability. Overlapping area represents the amount of predictability between Short Real time series from 27th of December 2022 to 22nd of December 2023 and 22nd of December 2023 to 16th of December 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 Short Real Estate price movement. The serial correlation of -0.51 indicates that about 51.0% of current Short Real price fluctuation can be explain by its past prices.
Correlation Coefficient-0.51
Spearman Rank Test-0.22
Residual Average0.0
Price Variance0.25

Short Real Estate lagged returns against current returns

Autocorrelation, which is Short Real 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 Short Real's mutual fund expected returns. We can calculate the autocorrelation of Short Real returns to help us make a trade decision. For example, suppose you find that Short Real 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  

Short Real 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 Short Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Short Real mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Short Real mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Short Real Lagged Returns

When evaluating Short Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Short Real mutual fund have on its future price. Short Real 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, Short Real autocorrelation shows the relationship between Short Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Short Real Estate.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Short Mutual Fund

Short Real financial ratios help investors to determine whether Short 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 Short with respect to the benefits of owning Short Real security.
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