Variant Alternative Income Fund Market Value
| NICHX Fund | USD 26.24 0.04 0.15% |
| Symbol | Variant |
Variant 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 Variant 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 Variant Alternative.
| 12/17/2025 |
| 01/16/2026 |
If you would invest 0.00 in Variant Alternative on December 17, 2025 and sell it all today you would earn a total of 0.00 from holding Variant Alternative Income or generate 0.0% return on investment in Variant Alternative over 30 days. Variant Alternative is related to or competes with Pace Municipal, Multisector Bond, Doubleline Total, Transamerica Intermediate, Maryland Tax-free, and Old Westbury. Variant Alternative is entity of United States More
Variant 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 Variant 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 Variant Alternative Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.55) | |||
| Maximum Drawdown | 0.4194 | |||
| Value At Risk | (0.08) | |||
| Potential Upside | 0.0772 |
Variant Alternative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Variant Alternative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Variant Alternative's standard deviation. In reality, there are many statistical measures that can use Variant Alternative historical prices to predict the future Variant Alternative's volatility.| Risk Adjusted Performance | 0.1586 | |||
| Jensen Alpha | 0.0109 | |||
| Total Risk Alpha | 0.004 | |||
| Treynor Ratio | 1.03 |
Variant Alternative Backtested Returns
At this stage we consider Variant Mutual Fund to be very steady. Variant Alternative owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.36, which indicates the fund had a 0.36 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Variant Alternative Income, which you can use to evaluate the volatility of the fund. Please validate Variant Alternative's Risk Adjusted Performance of 0.1586, variance of 0.0032, and Coefficient Of Variation of 255.29 to confirm if the risk estimate we provide is consistent with the expected return of 0.0207%. The entity has a beta of 0.0117, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Variant Alternative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Variant Alternative is expected to be smaller as well.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
Variant Alternative Income has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Variant Alternative time series from 17th of December 2025 to 1st of January 2026 and 1st of January 2026 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Variant Alternative price movement. The serial correlation of -0.8 indicates that around 80.0% of current Variant Alternative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Variant Alternative lagged returns against current returns
Autocorrelation, which is Variant 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 Variant Alternative's mutual fund expected returns. We can calculate the autocorrelation of Variant Alternative returns to help us make a trade decision. For example, suppose you find that Variant 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 |
Variant 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 Variant Alternative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Variant 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 Variant Alternative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Variant Alternative Lagged Returns
When evaluating Variant Alternative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Variant Alternative mutual fund have on its future price. Variant 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, Variant Alternative autocorrelation shows the relationship between Variant Alternative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Variant Alternative 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 Variant Mutual Fund
Variant Alternative financial ratios help investors to determine whether Variant 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 Variant with respect to the benefits of owning Variant Alternative security.
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