K2 Alternative Strategies Fund Market Value
| FABZX Fund | USD 12.13 0.01 0.08% |
| Symbol | FABZX |
K2 Alternative '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 K2 Alternative'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 K2 Alternative.
| 01/12/2023 |
| 12/02/2024 |
If you would invest 0.00 in K2 Alternative on January 12, 2023 and sell it all today you would earn a total of 0.00 from holding K2 Alternative Strategies or generate 0.0% return on investment in K2 Alternative over 690 days. K2 Alternative is related to or competes with Blackrock Alternative, Blackrock Alternative, Blackrock Alternative, Blackrock Systematic, Blackstone Alternative, Aqr Style, and Blackstone Alternative. The fund seeks to achieve its investment goal by allocating its assets across multiple non-traditional or alternative st... More
K2 Alternative 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 K2 Alternative'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 K2 Alternative Strategies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2118 | |||
| Information Ratio | (0.52) | |||
| Maximum Drawdown | 0.9184 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.3311 |
K2 Alternative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for K2 Alternative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as K2 Alternative's standard deviation. In reality, there are many statistical measures that can use K2 Alternative historical prices to predict the future K2 Alternative's volatility.| Risk Adjusted Performance | 0.158 | |||
| Jensen Alpha | 0.0168 | |||
| Total Risk Alpha | 0.0048 | |||
| Sortino Ratio | (0.44) | |||
| Treynor Ratio | 0.2486 |
K2 Alternative Strategies Backtested Returns
At this stage we consider FABZX Mutual Fund to be very steady. K2 Alternative Strategies retains Efficiency (Sharpe Ratio) of 0.28, which conveys that the fund had a 0.28% return per unit of price deviation over the last 3 months. We have found twenty-six technical indicators for K2 Alternative, which you can use to evaluate the volatility of the entity. Please verify K2 Alternative's Mean Deviation of 0.1381, market risk adjusted performance of 0.2586, and Variance of 0.0318 to check out if the risk estimate we provide is consistent with the expected return of 0.0486%. The entity owns a Beta (Systematic Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, K2 Alternative's returns are expected to increase less than the market. However, during the bear market, the loss of holding K2 Alternative is expected to be smaller as well.
Auto-correlation | 0.37 |
Below average predictability
K2 Alternative Strategies has below average predictability. Overlapping area represents the amount of predictability between K2 Alternative time series from 12th of January 2023 to 23rd of December 2023 and 23rd of December 2023 to 2nd 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 K2 Alternative Strategies price movement. The serial correlation of 0.37 indicates that just about 37.0% of current K2 Alternative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
K2 Alternative Strategies lagged returns against current returns
Autocorrelation, which is K2 Alternative 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 K2 Alternative's mutual fund expected returns. We can calculate the autocorrelation of K2 Alternative returns to help us make a trade decision. For example, suppose you find that K2 Alternative 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 |
K2 Alternative 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 K2 Alternative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if K2 Alternative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in K2 Alternative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
K2 Alternative Lagged Returns
When evaluating K2 Alternative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of K2 Alternative mutual fund have on its future price. K2 Alternative 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, K2 Alternative autocorrelation shows the relationship between K2 Alternative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in K2 Alternative Strategies.
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 FABZX Mutual Fund
K2 Alternative financial ratios help investors to determine whether FABZX 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 FABZX with respect to the benefits of owning K2 Alternative security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |