Reynolds Blue Chip Fund Market Value
| RBCGX Fund | USD 72.19 0.66 0.91% |
| Symbol | Reynolds |
Reynolds Blue '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 Reynolds Blue'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 Reynolds Blue.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Reynolds Blue on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Reynolds Blue Chip or generate 0.0% return on investment in Reynolds Blue over 720 days. Reynolds Blue is related to or competes with Growth Fund, HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, High-yield Municipal, and Via Renewables. The fund under normal market conditions invests at least 80 percent of its net assets in the common stocks of growth companies that, in the view of the funds investment adviser, are well-established in their industries and have a minimum market capitalization of at least 1 billion at the time of initial purchase . More
Reynolds Blue 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 Reynolds Blue'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 Reynolds Blue Chip upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.047 | |||
| Maximum Drawdown | 4.49 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.62 |
Reynolds Blue Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reynolds Blue's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reynolds Blue's standard deviation. In reality, there are many statistical measures that can use Reynolds Blue historical prices to predict the future Reynolds Blue's volatility.| Risk Adjusted Performance | 0.1358 | |||
| Jensen Alpha | 0.0577 | |||
| Total Risk Alpha | 0.0072 | |||
| Sortino Ratio | 0.0346 | |||
| Treynor Ratio | 0.183 |
Reynolds Blue Chip Backtested Returns
At this stage we consider Reynolds Mutual Fund to be very steady. Reynolds Blue Chip maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Reynolds Blue Chip, which you can use to evaluate the volatility of the fund. Please check Reynolds Blue's Semi Deviation of 0.9956, coefficient of variation of 573.66, and Risk Adjusted Performance of 0.1358 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. The fund holds a Beta of 0.92, which implies possible diversification benefits within a given portfolio. Reynolds Blue returns are very sensitive to returns on the market. As the market goes up or down, Reynolds Blue is expected to follow.
Auto-correlation | 0.74 |
Good predictability
Reynolds Blue Chip has good predictability. Overlapping area represents the amount of predictability between Reynolds Blue 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 Reynolds Blue Chip price movement. The serial correlation of 0.74 indicates that around 74.0% of current Reynolds Blue price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 25.17 |
Reynolds Blue Chip lagged returns against current returns
Autocorrelation, which is Reynolds Blue 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 Reynolds Blue's mutual fund expected returns. We can calculate the autocorrelation of Reynolds Blue returns to help us make a trade decision. For example, suppose you find that Reynolds Blue 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 |
Reynolds Blue 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 Reynolds Blue mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reynolds Blue mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reynolds Blue mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Reynolds Blue Lagged Returns
When evaluating Reynolds Blue's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reynolds Blue mutual fund have on its future price. Reynolds Blue 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, Reynolds Blue autocorrelation shows the relationship between Reynolds Blue mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Reynolds Blue Chip.
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 Reynolds Mutual Fund
Reynolds Blue financial ratios help investors to determine whether Reynolds 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 Reynolds with respect to the benefits of owning Reynolds Blue security.
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