Catholic Responsible Investments Fund Market Value

CRDSX Fund  USD 9.69  0.01  0.10%   
Catholic Responsible's market value is the price at which a share of Catholic Responsible trades on a public exchange. It measures the collective expectations of Catholic Responsible Investments investors about its performance. Catholic Responsible is trading at 9.69 as of the 12th of December 2024; that is 0.10 percent increase since the beginning of the trading day. The fund's open price was 9.68.
With this module, you can estimate the performance of a buy and hold strategy of Catholic Responsible Investments and determine expected loss or profit from investing in Catholic Responsible over a given investment horizon. Check out Catholic Responsible Correlation, Catholic Responsible Volatility and Catholic Responsible Alpha and Beta module to complement your research on Catholic Responsible.
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Please note, there is a significant difference between Catholic Responsible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Catholic Responsible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Catholic Responsible's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Catholic Responsible '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 Catholic Responsible'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 Catholic Responsible.
0.00
12/23/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/12/2024
0.00
If you would invest  0.00  in Catholic Responsible on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Catholic Responsible Investments or generate 0.0% return on investment in Catholic Responsible over 720 days. Catholic Responsible is related to or competes with Catholic Responsible, Catholic Responsible, Catholic Responsible, Catholic Responsible, Catholic Responsible, Catholic Responsible, and Catholic Responsible. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More

Catholic Responsible 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 Catholic Responsible'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 Catholic Responsible Investments upside and downside potential and time the market with a certain degree of confidence.

Catholic Responsible Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Catholic Responsible's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Catholic Responsible's standard deviation. In reality, there are many statistical measures that can use Catholic Responsible historical prices to predict the future Catholic Responsible's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Catholic Responsible'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.
Hype
Prediction
LowEstimatedHigh
9.609.699.78
Details
Intrinsic
Valuation
LowRealHigh
9.609.699.78
Details
Naive
Forecast
LowNextHigh
9.619.709.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.659.679.70
Details

Catholic Responsible Backtested Returns

Catholic Responsible secures Sharpe Ratio (or Efficiency) of -0.0367, which signifies that the fund had a -0.0367% return per unit of risk over the last 3 months. Catholic Responsible Investments exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Catholic Responsible's Downside Deviation of 0.1365, mean deviation of 0.0626, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0012, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Catholic Responsible are expected to decrease at a much lower rate. During the bear market, Catholic Responsible is likely to outperform the market.

Auto-correlation

    
  0.75  

Good predictability

Catholic Responsible Investments has good predictability. Overlapping area represents the amount of predictability between Catholic Responsible time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 Catholic Responsible price movement. The serial correlation of 0.75 indicates that around 75.0% of current Catholic Responsible price fluctuation can be explain by its past prices.
Correlation Coefficient0.75
Spearman Rank Test0.85
Residual Average0.0
Price Variance0.03

Catholic Responsible lagged returns against current returns

Autocorrelation, which is Catholic Responsible 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 Catholic Responsible's mutual fund expected returns. We can calculate the autocorrelation of Catholic Responsible returns to help us make a trade decision. For example, suppose you find that Catholic Responsible 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  

Catholic Responsible 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 Catholic Responsible mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Catholic Responsible mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Catholic Responsible mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Catholic Responsible Lagged Returns

When evaluating Catholic Responsible's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Catholic Responsible mutual fund have on its future price. Catholic Responsible 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, Catholic Responsible autocorrelation shows the relationship between Catholic Responsible mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Catholic Responsible Investments.
   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 Catholic Mutual Fund

Catholic Responsible financial ratios help investors to determine whether Catholic 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 Catholic with respect to the benefits of owning Catholic Responsible security.
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