Rational Dynamic Momentum Fund Market Value
| RDMAX Fund | USD 21.05 0.02 0.09% |
| Symbol | Rational |
Rational Dynamic '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 Rational Dynamic'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 Rational Dynamic.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Rational Dynamic on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Rational Dynamic Momentum or generate 0.0% return on investment in Rational Dynamic over 180 days. Rational Dynamic is related to or competes with Catalyst/millburn, Catalyst/millburn, Blackrock Tactical, and Blackrock Tactical. The fund provides exposure to major global asset classes including equity indexes, fixed income indexes, interest rates,... More
Rational Dynamic 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 Rational Dynamic'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 Rational Dynamic Momentum upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 2.09 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.8491 |
Rational Dynamic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rational Dynamic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rational Dynamic's standard deviation. In reality, there are many statistical measures that can use Rational Dynamic historical prices to predict the future Rational Dynamic's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 6.26 |
Rational Dynamic Momentum Backtested Returns
Rational Dynamic Momentum maintains Sharpe Ratio (i.e., Efficiency) of -0.0229, which implies the entity had a -0.0229% return per unit of risk over the last 3 months. Rational Dynamic Momentum exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rational Dynamic's Variance of 0.2958, coefficient of variation of (2,629), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The fund holds a Beta of -0.0049, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rational Dynamic are expected to decrease at a much lower rate. During the bear market, Rational Dynamic is likely to outperform the market.
Auto-correlation | 0.30 |
Below average predictability
Rational Dynamic Momentum has below average predictability. Overlapping area represents the amount of predictability between Rational Dynamic time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Rational Dynamic Momentum price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Rational Dynamic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Rational Dynamic Momentum lagged returns against current returns
Autocorrelation, which is Rational Dynamic 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 Rational Dynamic's mutual fund expected returns. We can calculate the autocorrelation of Rational Dynamic returns to help us make a trade decision. For example, suppose you find that Rational Dynamic 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 |
Rational Dynamic 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 Rational Dynamic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rational Dynamic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rational Dynamic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rational Dynamic Lagged Returns
When evaluating Rational Dynamic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rational Dynamic mutual fund have on its future price. Rational Dynamic 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, Rational Dynamic autocorrelation shows the relationship between Rational Dynamic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rational Dynamic Momentum.
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 Rational Mutual Fund
Rational Dynamic financial ratios help investors to determine whether Rational 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 Rational with respect to the benefits of owning Rational Dynamic security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |