Rational Special Situations Fund Market Value
| RFXAX Fund | USD 18.18 0.01 0.06% |
| Symbol | Rational |
Rational Special '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 Special'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 Special.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Rational Special on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Rational Special Situations or generate 0.0% return on investment in Rational Special over 180 days. Rational Special is related to or competes with Calvert Conservative, Conservative Balanced, Blackrock Conservative, Pgim Conservative, and Jhancock Diversified. The fund seeks to achieve its investment objective by primarily investing in agency and non-agency residential and comme... More
Rational Special 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 Special'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 Special Situations upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1166 | |||
| Information Ratio | (0.80) | |||
| Maximum Drawdown | 0.3896 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.1118 |
Rational Special Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rational Special's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rational Special's standard deviation. In reality, there are many statistical measures that can use Rational Special historical prices to predict the future Rational Special's volatility.| Risk Adjusted Performance | 0.1231 | |||
| Jensen Alpha | 0.0132 | |||
| Total Risk Alpha | 0.0033 | |||
| Sortino Ratio | (0.62) | |||
| Treynor Ratio | 2.89 |
Rational Special Sit Backtested Returns
At this stage we consider Rational Mutual Fund to be very steady. Rational Special Sit maintains Sharpe Ratio (i.e., Efficiency) of 0.36, which implies the entity had a 0.36% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Rational Special Sit, which you can use to evaluate the volatility of the fund. Please check Rational Special's Downside Deviation of 0.1166, risk adjusted performance of 0.1231, and Standard Deviation of 0.0904 to confirm if the risk estimate we provide is consistent with the expected return of 0.0291%. The fund holds a Beta of 0.0047, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rational Special's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rational Special is expected to be smaller as well.
Auto-correlation | 0.85 |
Very good predictability
Rational Special Situations has very good predictability. Overlapping area represents the amount of predictability between Rational Special time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Special Sit price movement. The serial correlation of 0.85 indicates that around 85.0% of current Rational Special price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Rational Special Sit lagged returns against current returns
Autocorrelation, which is Rational Special 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 Special's mutual fund expected returns. We can calculate the autocorrelation of Rational Special returns to help us make a trade decision. For example, suppose you find that Rational Special 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 Special 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 Special mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rational Special 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 Special mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rational Special Lagged Returns
When evaluating Rational Special's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rational Special mutual fund have on its future price. Rational Special 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 Special autocorrelation shows the relationship between Rational Special mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rational Special Situations.
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 Special 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 Special security.
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