Robinson Opportunistic Income Fund Market Value
| RBNCX Fund | USD 10.67 0.05 0.47% |
| Symbol | Robinson |
Robinson Opportunistic '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 Robinson Opportunistic'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 Robinson Opportunistic.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Robinson Opportunistic on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Robinson Opportunistic Income or generate 0.0% return on investment in Robinson Opportunistic over 30 days. Robinson Opportunistic is related to or competes with Small-midcap Dividend, Fisher Investments, Artisan Small, Gmo Small, Tax-managed, Vanguard Strategic, and Ab Small. Under normal market conditions, the fund pursues its investment objective by investing primarily in publicly traded closed-end registered investment companies which are income-producing securities due to the CEFs underlying holdings, such as senior bank loans, corporate bonds and preferredconvertible equities which generate income. More
Robinson Opportunistic 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 Robinson Opportunistic'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 Robinson Opportunistic Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2864 | |||
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 1.24 | |||
| Value At Risk | (0.47) | |||
| Potential Upside | 0.4762 |
Robinson Opportunistic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Robinson Opportunistic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Robinson Opportunistic's standard deviation. In reality, there are many statistical measures that can use Robinson Opportunistic historical prices to predict the future Robinson Opportunistic's volatility.| Risk Adjusted Performance | 0.1321 | |||
| Jensen Alpha | 0.0282 | |||
| Total Risk Alpha | 0.0024 | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | 0.3232 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Robinson Opportunistic's 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.
Robinson Opportunistic Backtested Returns
At this stage we consider Robinson Mutual Fund to be very steady. Robinson Opportunistic maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Robinson Opportunistic, which you can use to evaluate the volatility of the fund. Please check Robinson Opportunistic's Risk Adjusted Performance of 0.1321, semi deviation of 0.0584, and Coefficient Of Variation of 511.14 to confirm if the risk estimate we provide is consistent with the expected return of 0.0479%. The fund holds a Beta of 0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, Robinson Opportunistic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Robinson Opportunistic is expected to be smaller as well.
Auto-correlation | 0.62 |
Good predictability
Robinson Opportunistic Income has good predictability. Overlapping area represents the amount of predictability between Robinson Opportunistic time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 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 Robinson Opportunistic price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Robinson Opportunistic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Robinson Opportunistic lagged returns against current returns
Autocorrelation, which is Robinson Opportunistic 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 Robinson Opportunistic's mutual fund expected returns. We can calculate the autocorrelation of Robinson Opportunistic returns to help us make a trade decision. For example, suppose you find that Robinson Opportunistic 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 |
Robinson Opportunistic 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 Robinson Opportunistic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Robinson Opportunistic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Robinson Opportunistic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Robinson Opportunistic Lagged Returns
When evaluating Robinson Opportunistic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Robinson Opportunistic mutual fund have on its future price. Robinson Opportunistic 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, Robinson Opportunistic autocorrelation shows the relationship between Robinson Opportunistic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Robinson Opportunistic 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 Robinson Mutual Fund
Robinson Opportunistic financial ratios help investors to determine whether Robinson 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 Robinson with respect to the benefits of owning Robinson Opportunistic security.
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