Aspiriant Risk Managed Municipal Fund Market Value
| RMMBX Fund | USD 9.36 0.01 0.11% |
| Symbol | ASPIRIANT |
Aspiriant Risk-managed '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-managed'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-managed.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Aspiriant Risk-managed on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Aspiriant Risk Managed Municipal or generate 0.0% return on investment in Aspiriant Risk-managed over 30 days. Aspiriant Risk-managed is related to or competes with Ab Bond, Short Duration, Tiaa Cref, Atac Inflation, Arrow Managed, Ab Bond, and Ab Bond. Under normal market conditions, the fund invests at least 80 percent of its total assets in municipal securities that pa... More
Aspiriant Risk-managed 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-managed'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 Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3664 | |||
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 1.4 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.3233 |
Aspiriant Risk-managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aspiriant Risk-managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aspiriant Risk-managed's standard deviation. In reality, there are many statistical measures that can use Aspiriant Risk-managed historical prices to predict the future Aspiriant Risk-managed's volatility.| Risk Adjusted Performance | 0.0218 | |||
| Jensen Alpha | (0.0007) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.24) | |||
| Treynor Ratio | 0.0748 |
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 0.024, which signifies that the fund had a 0.024 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aspiriant Risk Managed Municipal, which you can use to evaluate the volatility of the entity. Please confirm Aspiriant Risk-managed's Mean Deviation of 0.1513, risk adjusted performance of 0.0218, and Downside Deviation of 0.3664 to double-check if the risk estimate we provide is consistent with the expected return of 0.0057%. The fund shows a Beta (market volatility) of 0.0437, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aspiriant Risk-managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aspiriant Risk-managed is expected to be smaller as well.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Aspiriant Risk Managed Municipal has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Aspiriant Risk-managed time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 2025. 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 -0.71 indicates that around 71.0% of current Aspiriant Risk-managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aspiriant Risk Managed lagged returns against current returns
Autocorrelation, which is Aspiriant Risk-managed 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-managed's mutual fund expected returns. We can calculate the autocorrelation of Aspiriant Risk-managed returns to help us make a trade decision. For example, suppose you find that Aspiriant Risk-managed 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-managed 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-managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aspiriant Risk-managed 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-managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Aspiriant Risk-managed Lagged Returns
When evaluating Aspiriant Risk-managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aspiriant Risk-managed mutual fund have on its future price. Aspiriant Risk-managed 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-managed autocorrelation shows the relationship between Aspiriant Risk-managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Aspiriant Risk Managed Municipal.
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-managed 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-managed security.
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