Reaves Select Research Fund Market Value
| RSRFX Fund | USD 11.01 0.09 0.82% |
| Symbol | Reaves |
Reaves Select '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 Reaves Select'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 Reaves Select.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Reaves Select on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Reaves Select Research or generate 0.0% return on investment in Reaves Select over 30 days. Reaves Select is related to or competes with Cohen Steers, Virtus Global, Brookfield Global, Alpine Global, and Columbia Dividend. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Reaves Select 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 Reaves Select'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 Reaves Select Research upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7615 | |||
| Information Ratio | 0.1161 | |||
| Maximum Drawdown | 3.77 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.73 |
Reaves Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reaves Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reaves Select's standard deviation. In reality, there are many statistical measures that can use Reaves Select historical prices to predict the future Reaves Select's volatility.| Risk Adjusted Performance | 0.2112 | |||
| Jensen Alpha | 0.1473 | |||
| Total Risk Alpha | 0.0865 | |||
| Sortino Ratio | 0.1248 | |||
| Treynor Ratio | 0.3809 |
Reaves Select Research Backtested Returns
Reaves Select appears to be very steady, given 3 months investment horizon. Reaves Select Research maintains Sharpe Ratio (i.e., Efficiency) of 0.29, which implies the entity had a 0.29% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Reaves Select Research, which you can use to evaluate the volatility of the fund. Please evaluate Reaves Select's Coefficient Of Variation of 363.05, semi deviation of 0.4137, and Risk Adjusted Performance of 0.2112 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of 0.57, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Reaves Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reaves Select is expected to be smaller as well.
Auto-correlation | 0.72 |
Good predictability
Reaves Select Research has good predictability. Overlapping area represents the amount of predictability between Reaves Select time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Reaves Select Research price movement. The serial correlation of 0.72 indicates that around 72.0% of current Reaves Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Reaves Select Research lagged returns against current returns
Autocorrelation, which is Reaves Select 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 Reaves Select's mutual fund expected returns. We can calculate the autocorrelation of Reaves Select returns to help us make a trade decision. For example, suppose you find that Reaves Select 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 |
Reaves Select 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 Reaves Select mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reaves Select mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reaves Select mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Reaves Select Lagged Returns
When evaluating Reaves Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reaves Select mutual fund have on its future price. Reaves Select 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, Reaves Select autocorrelation shows the relationship between Reaves Select mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Reaves Select Research.
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 Reaves Mutual Fund
Reaves Select financial ratios help investors to determine whether Reaves 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 Reaves with respect to the benefits of owning Reaves Select security.
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