Astor Longshort Fund Market Value
| ASTZX Fund | USD 13.09 0.07 0.54% |
| Symbol | Astor |
Astor Long/short '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 Astor Long/short'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 Astor Long/short.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Astor Long/short on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Astor Longshort Fund or generate 0.0% return on investment in Astor Long/short over 30 days. Astor Long/short is related to or competes with International Investors, James Balanced, Gold And, Wells Fargo, Short Precious, and The Gold. The fund invests predominantly in exchange-traded funds that each invest primarily in domestic or foreign equity securit... More
Astor Long/short 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 Astor Long/short'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 Astor Longshort Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4177 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 1.78 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.6275 |
Astor Long/short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astor Long/short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Astor Long/short's standard deviation. In reality, there are many statistical measures that can use Astor Long/short historical prices to predict the future Astor Long/short's volatility.| Risk Adjusted Performance | 0.0987 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.1022 |
Astor Long/short Backtested Returns
At this stage we consider Astor Mutual Fund to be very steady. Astor Long/short secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Astor Longshort Fund, which you can use to evaluate the volatility of the entity. Please confirm Astor Long/short's Downside Deviation of 0.4177, mean deviation of 0.2957, and Risk Adjusted Performance of 0.0987 to double-check if the risk estimate we provide is consistent with the expected return of 0.0529%. The fund shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Astor Long/short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Astor Long/short is expected to be smaller as well.
Auto-correlation | 0.76 |
Good predictability
Astor Longshort Fund has good predictability. Overlapping area represents the amount of predictability between Astor Long/short time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Astor Long/short price movement. The serial correlation of 0.76 indicates that around 76.0% of current Astor Long/short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Astor Long/short lagged returns against current returns
Autocorrelation, which is Astor Long/short 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 Astor Long/short's mutual fund expected returns. We can calculate the autocorrelation of Astor Long/short returns to help us make a trade decision. For example, suppose you find that Astor Long/short 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 |
Astor Long/short 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 Astor Long/short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Astor Long/short mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Astor Long/short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Astor Long/short Lagged Returns
When evaluating Astor Long/short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Astor Long/short mutual fund have on its future price. Astor Long/short 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, Astor Long/short autocorrelation shows the relationship between Astor Long/short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Astor Longshort Fund.
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 Astor Mutual Fund
Astor Long/short financial ratios help investors to determine whether Astor 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 Astor with respect to the benefits of owning Astor Long/short security.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |