Robinson Tax Advantaged Fund Market Value
| ROBAX Fund | USD 8.96 0.01 0.11% |
| Symbol | Robinson |
Robinson Tax '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 Tax'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 Tax.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Robinson Tax on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Robinson Tax Advantaged or generate 0.0% return on investment in Robinson Tax over 30 days. Robinson Tax is related to or competes with Pnc Emerging, Transamerica Emerging, Shelton Emerging, Ep Emerging, Barings Emerging, Ab All, and Pace International. Under normal market conditions, the fund pursues its investment objective by investing primarily in closed-end registere... More
Robinson Tax 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 Tax'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 Tax Advantaged upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4899 | |||
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 1.88 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.6645 |
Robinson Tax Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Robinson Tax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Robinson Tax's standard deviation. In reality, there are many statistical measures that can use Robinson Tax historical prices to predict the future Robinson Tax's volatility.| Risk Adjusted Performance | 0.0225 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | 0.1004 |
Robinson Tax Advantaged Backtested Returns
At this stage we consider Robinson Mutual Fund to be very steady. Robinson Tax Advantaged maintains Sharpe Ratio (i.e., Efficiency) of 0.03, which implies the entity had a 0.03% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Robinson Tax Advantaged, which you can use to evaluate the volatility of the fund. Please check Robinson Tax's Coefficient Of Variation of 2298.88, semi deviation of 0.3655, and Risk Adjusted Performance of 0.0225 to confirm if the risk estimate we provide is consistent with the expected return of 0.0112%. The fund holds a Beta of 0.0594, which implies not very significant fluctuations relative to the market. As returns on the market increase, Robinson Tax's returns are expected to increase less than the market. However, during the bear market, the loss of holding Robinson Tax is expected to be smaller as well.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Robinson Tax Advantaged has insignificant reverse predictability. Overlapping area represents the amount of predictability between Robinson Tax time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Tax Advantaged price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Robinson Tax price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Robinson Tax Advantaged lagged returns against current returns
Autocorrelation, which is Robinson Tax 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 Tax's mutual fund expected returns. We can calculate the autocorrelation of Robinson Tax returns to help us make a trade decision. For example, suppose you find that Robinson Tax 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 Tax 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 Tax mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Robinson Tax 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 Tax mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Robinson Tax Lagged Returns
When evaluating Robinson Tax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Robinson Tax mutual fund have on its future price. Robinson Tax 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 Tax autocorrelation shows the relationship between Robinson Tax mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Robinson Tax Advantaged.
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 Tax 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 Tax security.
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