Real Assets Portfolio Fund Market Value
| MRJCX Fund | USD 10.91 0.03 0.27% |
| Symbol | REAL |
Real Assets '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 Real Assets' 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 Real Assets.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Real Assets on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Real Assets Portfolio or generate 0.0% return on investment in Real Assets over 720 days. Real Assets is related to or competes with Goldman Sachs, T Rowe, Pace High, Lgm Risk, California High-yield, Ab Global, and Ab High. The investment seeks total return, targeted to be in excess of inflation, through capital appreciation and current incom... More
Real Assets 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 Real Assets' 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 Real Assets Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 2.0 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 0.6375 |
Real Assets Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Real Assets' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Real Assets' standard deviation. In reality, there are many statistical measures that can use Real Assets historical prices to predict the future Real Assets' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (1.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Real Assets' 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.
Real Assets Portfolio Backtested Returns
Real Assets Portfolio maintains Sharpe Ratio (i.e., Efficiency) of -0.0455, which implies the entity had a -0.0455% return per unit of risk over the last 3 months. Real Assets Portfolio exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Real Assets' Risk Adjusted Performance of (0.04), coefficient of variation of (2,198), and Variance of 0.2001 to confirm the risk estimate we provide. The fund holds a Beta of 0.0296, which implies not very significant fluctuations relative to the market. As returns on the market increase, Real Assets' returns are expected to increase less than the market. However, during the bear market, the loss of holding Real Assets is expected to be smaller as well.
Auto-correlation | -0.69 |
Very good reverse predictability
Real Assets Portfolio has very good reverse predictability. Overlapping area represents the amount of predictability between Real Assets time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 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 Real Assets Portfolio price movement. The serial correlation of -0.69 indicates that around 69.0% of current Real Assets price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Real Assets Portfolio lagged returns against current returns
Autocorrelation, which is Real Assets 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 Real Assets' mutual fund expected returns. We can calculate the autocorrelation of Real Assets returns to help us make a trade decision. For example, suppose you find that Real Assets 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 |
Real Assets 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 Real Assets mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Real Assets mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Real Assets mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Real Assets Lagged Returns
When evaluating Real Assets' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Real Assets mutual fund have on its future price. Real Assets 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, Real Assets autocorrelation shows the relationship between Real Assets mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Real Assets Portfolio.
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 REAL Mutual Fund
Real Assets financial ratios help investors to determine whether REAL 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 REAL with respect to the benefits of owning Real Assets security.
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