Multi Asset Real Return Fund Market Value
| ASIUX Fund | USD 23.08 0.01 0.04% |
| Symbol | Multi |
Multi Asset '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 Multi Asset'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 Multi Asset.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Multi Asset on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Multi Asset Real Return or generate 0.0% return on investment in Multi Asset over 30 days. Multi Asset is related to or competes with Mid Cap, Equity Growth, Income Growth, Diversified Bond, Emerging Markets, Short Term, and Value Fund. The investment seeks total real return. The funds asset allocation strategy seeks to diversify its investments among equ... More
Multi Asset 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 Multi Asset'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 Multi Asset Real Return upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | 0.075 | |||
| Maximum Drawdown | 7.3 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 2.7 |
Multi Asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multi Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multi Asset's standard deviation. In reality, there are many statistical measures that can use Multi Asset historical prices to predict the future Multi Asset's volatility.| Risk Adjusted Performance | 0.0817 | |||
| Jensen Alpha | 0.1298 | |||
| Total Risk Alpha | 0.0895 | |||
| Sortino Ratio | 0.0777 | |||
| Treynor Ratio | (15.25) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Multi Asset'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.
Multi Asset Real Backtested Returns
At this stage we consider Multi Mutual Fund to be very steady. Multi Asset Real has Sharpe Ratio of 0.0699, which conveys that the entity had a 0.0699% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Multi Asset, which you can use to evaluate the volatility of the fund. Please verify Multi Asset's Downside Deviation of 1.38, mean deviation of 1.07, and Risk Adjusted Performance of 0.0817 to check out if the risk estimate we provide is consistent with the expected return of 0.099%. The fund secures a Beta (Market Risk) of -0.0085, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Multi Asset are expected to decrease at a much lower rate. During the bear market, Multi Asset is likely to outperform the market.
Auto-correlation | -0.5 |
Modest reverse predictability
Multi Asset Real Return has modest reverse predictability. Overlapping area represents the amount of predictability between Multi Asset time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Multi Asset Real price movement. The serial correlation of -0.5 indicates that about 50.0% of current Multi Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Multi Asset Real lagged returns against current returns
Autocorrelation, which is Multi Asset 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 Multi Asset's mutual fund expected returns. We can calculate the autocorrelation of Multi Asset returns to help us make a trade decision. For example, suppose you find that Multi Asset 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 |
Multi Asset 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 Multi Asset mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multi Asset mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multi Asset mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Multi Asset Lagged Returns
When evaluating Multi Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multi Asset mutual fund have on its future price. Multi Asset 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, Multi Asset autocorrelation shows the relationship between Multi Asset mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Multi Asset Real Return.
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 Multi Mutual Fund
Multi Asset financial ratios help investors to determine whether Multi 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 Multi with respect to the benefits of owning Multi Asset security.
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