Gotham Total Return Fund Market Value
| GTRFX Fund | USD 14.78 0.04 0.27% |
| Symbol | Gotham |
Gotham Total '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 Gotham Total'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 Gotham Total.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Gotham Total on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Gotham Total Return or generate 0.0% return on investment in Gotham Total over 720 days. Gotham Total is related to or competes with Gotham Neutral, Gotham Index, Gotham Absolute, Gotham Large, and Gotham Enhanced. The advisor intends to allocate the majority of its assets among mutual funds advised by Gotham More
Gotham Total 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 Gotham Total'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 Gotham Total Return upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5673 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 2.91 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 1.01 |
Gotham Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gotham Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gotham Total's standard deviation. In reality, there are many statistical measures that can use Gotham Total historical prices to predict the future Gotham Total's volatility.| Risk Adjusted Performance | 0.1077 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1145 |
Gotham Total Return Backtested Returns
At this stage we consider Gotham Mutual Fund to be very steady. Gotham Total Return holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gotham Total Return, which you can use to evaluate the volatility of the entity. Please check out Gotham Total's Market Risk Adjusted Performance of 0.1245, downside deviation of 0.5673, and Risk Adjusted Performance of 0.1077 to validate if the risk estimate we provide is consistent with the expected return of 0.072%. The fund retains a Market Volatility (i.e., Beta) of 0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gotham Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gotham Total is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Gotham Total Return has good predictability. Overlapping area represents the amount of predictability between Gotham Total time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Gotham Total Return price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Gotham Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
Gotham Total Return lagged returns against current returns
Autocorrelation, which is Gotham Total 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 Gotham Total's mutual fund expected returns. We can calculate the autocorrelation of Gotham Total returns to help us make a trade decision. For example, suppose you find that Gotham Total 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 |
Gotham Total 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 Gotham Total mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gotham Total mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gotham Total mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gotham Total Lagged Returns
When evaluating Gotham Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gotham Total mutual fund have on its future price. Gotham Total 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, Gotham Total autocorrelation shows the relationship between Gotham Total mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gotham Total Return.
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 Gotham Mutual Fund
Gotham Total financial ratios help investors to determine whether Gotham 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 Gotham with respect to the benefits of owning Gotham Total security.
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