Regional Bank Fund Market Value
| FRBCX Fund | USD 31.25 0.64 2.01% |
| Symbol | Regional |
Regional Bank '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 Regional Bank'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 Regional Bank.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Regional Bank on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Regional Bank Fund or generate 0.0% return on investment in Regional Bank over 30 days. Regional Bank is related to or competes with Fpa Queens, Northern Small, Queens Road, Columbia Small, Lord Abbett, Fidelity Small, and Pace Smallmedium. The fund normally invests at least 80 percent of its net assets in equity securities of regional banks More
Regional Bank 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 Regional Bank'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 Regional Bank Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.0846 | |||
| Maximum Drawdown | 15.7 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 2.88 |
Regional Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Regional Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Regional Bank's standard deviation. In reality, there are many statistical measures that can use Regional Bank historical prices to predict the future Regional Bank's volatility.| Risk Adjusted Performance | 0.1197 | |||
| Jensen Alpha | 0.3058 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1358 | |||
| Treynor Ratio | (3.55) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Regional Bank'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.
Regional Bank Backtested Returns
Regional Bank appears to be very steady, given 3 months investment horizon. Regional Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Regional Bank, which you can use to evaluate the volatility of the fund. Please evaluate Regional Bank's Coefficient Of Variation of 676.22, semi deviation of 1.08, and Risk Adjusted Performance of 0.1197 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of -0.0832, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Regional Bank are expected to decrease at a much lower rate. During the bear market, Regional Bank is likely to outperform the market.
Auto-correlation | 0.46 |
Average predictability
Regional Bank Fund has average predictability. Overlapping area represents the amount of predictability between Regional Bank time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Regional Bank price movement. The serial correlation of 0.46 indicates that about 46.0% of current Regional Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Regional Bank lagged returns against current returns
Autocorrelation, which is Regional Bank 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 Regional Bank's mutual fund expected returns. We can calculate the autocorrelation of Regional Bank returns to help us make a trade decision. For example, suppose you find that Regional Bank 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 |
Regional Bank 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 Regional Bank mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Regional Bank mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Regional Bank mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Regional Bank Lagged Returns
When evaluating Regional Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Regional Bank mutual fund have on its future price. Regional Bank 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, Regional Bank autocorrelation shows the relationship between Regional Bank mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Regional Bank Fund.
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 Regional Mutual Fund
Regional Bank financial ratios help investors to determine whether Regional 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 Regional with respect to the benefits of owning Regional Bank security.
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