Aspiriant Risk Managed Equity Fund Market Value
| RMEAX Fund | USD 17.09 0.07 0.41% |
| Symbol | Aspiriant |
Aspiriant Risk '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 Aspiriant Risk'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 Aspiriant Risk.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Aspiriant Risk on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Aspiriant Risk Managed Equity or generate 0.0% return on investment in Aspiriant Risk over 720 days. Aspiriant Risk is related to or competes with Highland Longshort, Prudential Health, Fidelity Advisor, Hartford Healthcare, and Deutsche Health. The fund will invest at least 80 percent of its net assets in equity securities More
Aspiriant Risk 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 Aspiriant Risk'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 Aspiriant Risk Managed Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4574 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 2.31 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.7784 |
Aspiriant Risk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aspiriant Risk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aspiriant Risk's standard deviation. In reality, there are many statistical measures that can use Aspiriant Risk historical prices to predict the future Aspiriant Risk's volatility.| Risk Adjusted Performance | 0.0912 | |||
| Jensen Alpha | 0.0473 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 1.2 |
Aspiriant Risk Managed Backtested Returns
At this stage we consider Aspiriant Mutual Fund to be very steady. Aspiriant Risk Managed secures Sharpe Ratio (or Efficiency) of 0.0775, which signifies that the fund had a 0.0775% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Aspiriant Risk Managed Equity, which you can use to evaluate the volatility of the entity. Please confirm Aspiriant Risk's Risk Adjusted Performance of 0.0912, mean deviation of 0.3617, and Downside Deviation of 0.4574 to double-check if the risk estimate we provide is consistent with the expected return of 0.0358%. The fund shows a Beta (market volatility) of 0.0432, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aspiriant Risk's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aspiriant Risk is expected to be smaller as well.
Auto-correlation | 0.81 |
Very good predictability
Aspiriant Risk Managed Equity has very good predictability. Overlapping area represents the amount of predictability between Aspiriant Risk time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th of December 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 Aspiriant Risk Managed price movement. The serial correlation of 0.81 indicates that around 81.0% of current Aspiriant Risk price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
Aspiriant Risk Managed lagged returns against current returns
Autocorrelation, which is Aspiriant Risk 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 Aspiriant Risk's mutual fund expected returns. We can calculate the autocorrelation of Aspiriant Risk returns to help us make a trade decision. For example, suppose you find that Aspiriant Risk 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 |
Aspiriant Risk 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 Aspiriant Risk mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aspiriant Risk mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aspiriant Risk mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aspiriant Risk Lagged Returns
When evaluating Aspiriant Risk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aspiriant Risk mutual fund have on its future price. Aspiriant Risk 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, Aspiriant Risk autocorrelation shows the relationship between Aspiriant Risk mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aspiriant Risk Managed Equity.
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 Aspiriant Mutual Fund
Aspiriant Risk financial ratios help investors to determine whether Aspiriant 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 Aspiriant with respect to the benefits of owning Aspiriant Risk security.
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