Anchor Tactical Equity Fund Market Value
| ATESX Fund | USD 14.56 0.07 0.48% |
| Symbol | Anchor |
Anchor Tactical '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 Anchor Tactical'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 Anchor Tactical.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Anchor Tactical on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding Anchor Tactical Equity or generate 0.0% return on investment in Anchor Tactical over 60 days. Anchor Tactical is related to or competes with Anchor Tactical, Catalyst/millburn, Anchor Risk, Kensington Managed, and Anchor Risk. Under normal market conditions, the fund invests, directly or indirectly through unaffiliated exchange traded funds and ... More
Anchor Tactical 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 Anchor Tactical'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 Anchor Tactical Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9433 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.32 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 0.7576 |
Anchor Tactical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anchor Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anchor Tactical's standard deviation. In reality, there are many statistical measures that can use Anchor Tactical historical prices to predict the future Anchor Tactical's volatility.| Risk Adjusted Performance | 0.0108 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0014 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Anchor Tactical'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.
Anchor Tactical Equity Backtested Returns
At this stage we consider Anchor Mutual Fund to be out of control. Anchor Tactical Equity secures Sharpe Ratio (or Efficiency) of 0.0333, which signifies that the fund had a 0.0333% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Anchor Tactical Equity, which you can use to evaluate the volatility of the entity. Please confirm Anchor Tactical's risk adjusted performance of 0.0108, and Mean Deviation of 0.4317 to double-check if the risk estimate we provide is consistent with the expected return of 0.0229%. The fund shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Anchor Tactical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Anchor Tactical is expected to be smaller as well.
Auto-correlation | 0.08 |
Virtually no predictability
Anchor Tactical Equity has virtually no predictability. Overlapping area represents the amount of predictability between Anchor Tactical time series from 28th of September 2024 to 28th of October 2024 and 28th of October 2024 to 27th 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 Anchor Tactical Equity price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Anchor Tactical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Anchor Tactical Equity lagged returns against current returns
Autocorrelation, which is Anchor Tactical 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 Anchor Tactical's mutual fund expected returns. We can calculate the autocorrelation of Anchor Tactical returns to help us make a trade decision. For example, suppose you find that Anchor Tactical 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 |
Anchor Tactical 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 Anchor Tactical mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anchor Tactical mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anchor Tactical mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Anchor Tactical Lagged Returns
When evaluating Anchor Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anchor Tactical mutual fund have on its future price. Anchor Tactical 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, Anchor Tactical autocorrelation shows the relationship between Anchor Tactical mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Anchor Tactical Equity.
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 Anchor Mutual Fund
Anchor Tactical financial ratios help investors to determine whether Anchor 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 Anchor with respect to the benefits of owning Anchor Tactical security.
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