Alpine Realty Income Fund Market Value
| AIGYX Fund | USD 12.60 0.06 0.48% |
| Symbol | Alpine |
Alpine Realty '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 Alpine Realty'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 Alpine Realty.
| 05/28/2024 |
| 11/24/2024 |
If you would invest 0.00 in Alpine Realty on May 28, 2024 and sell it all today you would earn a total of 0.00 from holding Alpine Realty Income or generate 0.0% return on investment in Alpine Realty over 180 days. Alpine Realty is related to or competes with Third Avenue, Victory Global, Alpine Dynamic, Real Estate, and Aegis Value. The fund invests 80 percent of its net assets in the securities of issuers which are principally engaged in the real est... More
Alpine Realty 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 Alpine Realty'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 Alpine Realty Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8855 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.71 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.45 |
Alpine Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpine Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alpine Realty's standard deviation. In reality, there are many statistical measures that can use Alpine Realty historical prices to predict the future Alpine Realty's volatility.| Risk Adjusted Performance | 0.0914 | |||
| Jensen Alpha | 0.0733 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.5991 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alpine Realty'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.
Alpine Realty Income Backtested Returns
At this stage we consider Alpine Mutual Fund to be very steady. Alpine Realty Income secures Sharpe Ratio (or Efficiency) of 0.0924, which signifies that the fund had a 0.0924% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Alpine Realty Income, which you can use to evaluate the volatility of the entity. Please confirm Alpine Realty's Risk Adjusted Performance of 0.0914, mean deviation of 0.6814, and Downside Deviation of 0.8855 to double-check if the risk estimate we provide is consistent with the expected return of 0.0787%. The fund shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Alpine Realty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alpine Realty is expected to be smaller as well.
Auto-correlation | 0.43 |
Average predictability
Alpine Realty Income has average predictability. Overlapping area represents the amount of predictability between Alpine Realty time series from 28th of May 2024 to 26th of August 2024 and 26th of August 2024 to 24th of November 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 Alpine Realty Income price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Alpine Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Alpine Realty Income lagged returns against current returns
Autocorrelation, which is Alpine Realty 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 Alpine Realty's mutual fund expected returns. We can calculate the autocorrelation of Alpine Realty returns to help us make a trade decision. For example, suppose you find that Alpine Realty 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 |
Alpine Realty 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 Alpine Realty mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpine Realty mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alpine Realty mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Alpine Realty Lagged Returns
When evaluating Alpine Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alpine Realty mutual fund have on its future price. Alpine Realty 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, Alpine Realty autocorrelation shows the relationship between Alpine Realty mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Alpine Realty Income.
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 Alpine Mutual Fund
Alpine Realty financial ratios help investors to determine whether Alpine 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 Alpine with respect to the benefits of owning Alpine Realty security.
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