Bts Tactical Fixed Fund Market Value
| BTFAX Fund | USD 7.98 0.03 0.38% |
| Symbol | Bts |
Bts 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 Bts 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 Bts Tactical.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Bts Tactical on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Bts Tactical Fixed or generate 0.0% return on investment in Bts Tactical over 60 days. Bts Tactical is related to or competes with Maryland Short, Calvert Short, Franklin Federal, Siit Ultra, Sterling Capital, Angel Oak, and Rbc Ultra-short. Under normal circumstances, the fund invests at least 80 percent of its assets in fixed income securities of domestic an... More
Bts 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 Bts 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 Bts Tactical Fixed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2508 | |||
| Information Ratio | (0.45) | |||
| Maximum Drawdown | 0.8874 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 0.3783 |
Bts Tactical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bts Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bts Tactical's standard deviation. In reality, there are many statistical measures that can use Bts Tactical historical prices to predict the future Bts Tactical's volatility.| Risk Adjusted Performance | 0.0625 | |||
| Jensen Alpha | 0.0017 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.40) | |||
| Treynor Ratio | 0.1303 |
Bts Tactical Fixed Backtested Returns
At this stage we consider Bts Mutual Fund to be very steady. Bts Tactical Fixed secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Bts Tactical Fixed, which you can use to evaluate the volatility of the entity. Please confirm Bts Tactical's Risk Adjusted Performance of 0.0625, mean deviation of 0.178, and Downside Deviation of 0.2508 to double-check if the risk estimate we provide is consistent with the expected return of 0.0259%. The fund shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bts Tactical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bts Tactical is expected to be smaller as well.
Auto-correlation | -0.67 |
Very good reverse predictability
Bts Tactical Fixed has very good reverse predictability. Overlapping area represents the amount of predictability between Bts Tactical time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th 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 Bts Tactical Fixed price movement. The serial correlation of -0.67 indicates that around 67.0% of current Bts Tactical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bts Tactical Fixed lagged returns against current returns
Autocorrelation, which is Bts 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 Bts Tactical's mutual fund expected returns. We can calculate the autocorrelation of Bts Tactical returns to help us make a trade decision. For example, suppose you find that Bts 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 |
Bts 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 Bts Tactical mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bts 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 Bts Tactical mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Bts Tactical Lagged Returns
When evaluating Bts Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bts Tactical mutual fund have on its future price. Bts 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, Bts Tactical autocorrelation shows the relationship between Bts Tactical mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Bts Tactical Fixed.
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 Bts Mutual Fund
Bts Tactical financial ratios help investors to determine whether Bts 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 Bts with respect to the benefits of owning Bts Tactical security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |