Real Return Asset Fund Market Value
| PRAIX Fund | USD 12.32 0.10 0.82% |
| Symbol | Real |
Real Return '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 Return'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 Real Return.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Real Return on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Real Return Asset or generate 0.0% return on investment in Real Return over 30 days. Real Return is related to or competes with Gnma Fund, Investment Grade, Long-term, Pimco Em, and Pimco Short. The fund invests at least 80 percent of its net assets in inflation-indexed bonds of varying maturities issued by the U.... More
Real Return 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 Return'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 Real Return Asset upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 3.35 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 0.9046 |
Real Return Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Real Return's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Real Return's standard deviation. In reality, there are many statistical measures that can use Real Return historical prices to predict the future Real Return's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (11.05) |
Real Return Asset Backtested Returns
Real Return Asset maintains Sharpe Ratio (i.e., Efficiency) of -0.0429, which implies the entity had a -0.0429% return per unit of risk over the last 3 months. Real Return Asset exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Real Return's Risk Adjusted Performance of (0.05), variance of 0.6082, and Coefficient Of Variation of (1,472) to confirm the risk estimate we provide. The fund holds a Beta of 0.0057, which implies not very significant fluctuations relative to the market. As returns on the market increase, Real Return's returns are expected to increase less than the market. However, during the bear market, the loss of holding Real Return is expected to be smaller as well.
Auto-correlation | -0.3 |
Weak reverse predictability
Real Return Asset has weak reverse predictability. Overlapping area represents the amount of predictability between Real Return time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Return Asset price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Real Return price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Real Return Asset lagged returns against current returns
Autocorrelation, which is Real Return 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 Return's mutual fund expected returns. We can calculate the autocorrelation of Real Return returns to help us make a trade decision. For example, suppose you find that Real Return 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 Return 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 Return mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Real Return 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 Return mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Real Return Lagged Returns
When evaluating Real Return's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Real Return mutual fund have on its future price. Real Return 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 Return autocorrelation shows the relationship between Real Return mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Real Return Asset.
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 Return 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 Return security.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |