Idx Risk Managed Bitcoin Fund Market Value
| BTIDX Fund | USD 11.01 0.51 4.43% |
| Symbol | Idx |
Idx Risk-managed '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 Idx Risk-managed'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 Idx Risk-managed.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Idx Risk-managed on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Idx Risk Managed Bitcoin or generate 0.0% return on investment in Idx Risk-managed over 30 days. Idx Risk-managed is related to or competes with Origin Emerging, Artisan Emerging, Ashmore Emerging, Black Oak, Ep Emerging, and Rbc Emerging. The fund adviser pursues its investment strategy through actively managed investments with direct or indirect exposure t... More
Idx Risk-managed 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 Idx Risk-managed'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 Idx Risk Managed Bitcoin upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.1995 | |||
| Maximum Drawdown | 13.61 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 4.09 |
Idx Risk-managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Idx Risk-managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Idx Risk-managed's standard deviation. In reality, there are many statistical measures that can use Idx Risk-managed historical prices to predict the future Idx Risk-managed's volatility.| Risk Adjusted Performance | 0.2037 | |||
| Jensen Alpha | 0.3933 | |||
| Total Risk Alpha | 0.2162 | |||
| Sortino Ratio | 0.3413 | |||
| Treynor Ratio | 0.3833 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Idx Risk-managed'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.
Idx Risk Managed Backtested Returns
Idx Risk-managed appears to be not too volatile, given 3 months investment horizon. Idx Risk Managed holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22% return per unit of risk over the last 3 months. By evaluating Idx Risk-managed's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Idx Risk-managed's Downside Deviation of 1.33, market risk adjusted performance of 0.3933, and Risk Adjusted Performance of 0.2037 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 1.5, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Idx Risk-managed will likely underperform.
Auto-correlation | 0.55 |
Modest predictability
Idx Risk Managed Bitcoin has modest predictability. Overlapping area represents the amount of predictability between Idx Risk-managed time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Idx Risk Managed price movement. The serial correlation of 0.55 indicates that about 55.0% of current Idx Risk-managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Idx Risk Managed lagged returns against current returns
Autocorrelation, which is Idx Risk-managed 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 Idx Risk-managed's mutual fund expected returns. We can calculate the autocorrelation of Idx Risk-managed returns to help us make a trade decision. For example, suppose you find that Idx Risk-managed 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 |
Idx Risk-managed 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 Idx Risk-managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Idx Risk-managed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Idx Risk-managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Idx Risk-managed Lagged Returns
When evaluating Idx Risk-managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Idx Risk-managed mutual fund have on its future price. Idx Risk-managed 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, Idx Risk-managed autocorrelation shows the relationship between Idx Risk-managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Idx Risk Managed Bitcoin.
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 Idx Mutual Fund
Idx Risk-managed financial ratios help investors to determine whether Idx 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 Idx with respect to the benefits of owning Idx Risk-managed security.
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