Active Portfolios Multi Manager Fund Market Value
| CTRZX Fund | USD 8.64 0.02 0.23% |
| Symbol | Active |
Active Portfolios '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 Active Portfolios' 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 Active Portfolios.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Active Portfolios on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Active Portfolios Multi Manager or generate 0.0% return on investment in Active Portfolios over 30 days. Active Portfolios is related to or competes with Artisan High, Blrc Sgy, California Bond, T Rowe, Nebraska Municipal, and Mirova Global. Under normal market conditions, the fund invests at least 80 percent of its net assets in bonds and other debt securitie... More
Active Portfolios 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 Active Portfolios' 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 Active Portfolios Multi Manager upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 1.39 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 0.4582 |
Active Portfolios Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Active Portfolios' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Active Portfolios' standard deviation. In reality, there are many statistical measures that can use Active Portfolios historical prices to predict the future Active Portfolios' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.508 |
Active Portfolios Multi Backtested Returns
Active Portfolios Multi secures Sharpe Ratio (or Efficiency) of -0.0505, which signifies that the fund had a -0.0505% return per unit of risk over the last 3 months. Active Portfolios Multi Manager exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Active Portfolios' Standard Deviation of 0.3068, mean deviation of 0.2136, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0565, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Active Portfolios are expected to decrease at a much lower rate. During the bear market, Active Portfolios is likely to outperform the market.
Auto-correlation | 0.20 |
Weak predictability
Active Portfolios Multi Manager has weak predictability. Overlapping area represents the amount of predictability between Active Portfolios time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Active Portfolios Multi price movement. The serial correlation of 0.2 indicates that over 20.0% of current Active Portfolios price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Active Portfolios Multi lagged returns against current returns
Autocorrelation, which is Active Portfolios 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 Active Portfolios' mutual fund expected returns. We can calculate the autocorrelation of Active Portfolios returns to help us make a trade decision. For example, suppose you find that Active Portfolios 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 |
Active Portfolios 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 Active Portfolios mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Active Portfolios mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Active Portfolios mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Active Portfolios Lagged Returns
When evaluating Active Portfolios' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Active Portfolios mutual fund have on its future price. Active Portfolios 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, Active Portfolios autocorrelation shows the relationship between Active Portfolios mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Active Portfolios Multi Manager.
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 Active Mutual Fund
Active Portfolios financial ratios help investors to determine whether Active 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 Active with respect to the benefits of owning Active Portfolios security.
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