Kinetics Multi Disciplinary Income Fund Market Value
| KMDNX Fund | USD 10.04 0.02 0.20% |
| Symbol | Kinetics |
Kinetics Multi-disciplina '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 Kinetics Multi-disciplina'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 Kinetics Multi-disciplina.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Kinetics Multi-disciplina on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Kinetics Multi Disciplinary Income or generate 0.0% return on investment in Kinetics Multi-disciplina over 30 days. Kinetics Multi-disciplina is related to or competes with Kinetics Market, Kinetics Small, Kinetics Global, Kinetics Paradigm, and Doubleline Emerging. The fund is a diversified fund that invests all of its investable assets in the Multi-Disciplinary Income Portfolio, a s... More
Kinetics Multi-disciplina 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 Kinetics Multi-disciplina'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 Kinetics Multi Disciplinary Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (2.20) | |||
| Maximum Drawdown | 0.1013 | |||
| Potential Upside | 0.1011 |
Kinetics Multi-disciplina Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinetics Multi-disciplina's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinetics Multi-disciplina's standard deviation. In reality, there are many statistical measures that can use Kinetics Multi-disciplina historical prices to predict the future Kinetics Multi-disciplina's volatility.| Risk Adjusted Performance | 0.2659 | |||
| Jensen Alpha | 0.0154 | |||
| Total Risk Alpha | 0.0084 | |||
| Treynor Ratio | 3.61 |
Kinetics Multi-disciplina Backtested Returns
At this stage we consider Kinetics Mutual Fund to be very steady. Kinetics Multi-disciplina has Sharpe Ratio of 0.53, which conveys that the entity had a 0.53% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Kinetics Multi-disciplina, which you can use to evaluate the volatility of the fund. Please verify Kinetics Multi-disciplina's Standard Deviation of 0.0476, mean deviation of 0.0392, and Risk Adjusted Performance of 0.2659 to check out if the risk estimate we provide is consistent with the expected return of 0.0247%. The fund secures a Beta (Market Risk) of 0.0044, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kinetics Multi-disciplina's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kinetics Multi-disciplina is expected to be smaller as well.
Auto-correlation | 0.77 |
Good predictability
Kinetics Multi Disciplinary Income has good predictability. Overlapping area represents the amount of predictability between Kinetics Multi-disciplina 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 Kinetics Multi-disciplina price movement. The serial correlation of 0.77 indicates that around 77.0% of current Kinetics Multi-disciplina price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kinetics Multi-disciplina lagged returns against current returns
Autocorrelation, which is Kinetics Multi-disciplina 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 Kinetics Multi-disciplina's mutual fund expected returns. We can calculate the autocorrelation of Kinetics Multi-disciplina returns to help us make a trade decision. For example, suppose you find that Kinetics Multi-disciplina 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 |
Kinetics Multi-disciplina 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 Kinetics Multi-disciplina mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinetics Multi-disciplina mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinetics Multi-disciplina mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Kinetics Multi-disciplina Lagged Returns
When evaluating Kinetics Multi-disciplina's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinetics Multi-disciplina mutual fund have on its future price. Kinetics Multi-disciplina 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, Kinetics Multi-disciplina autocorrelation shows the relationship between Kinetics Multi-disciplina mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Kinetics Multi Disciplinary Income.
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 Kinetics Mutual Fund
Kinetics Multi-disciplina financial ratios help investors to determine whether Kinetics 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 Kinetics with respect to the benefits of owning Kinetics Multi-disciplina security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |