Us Strategic Equity Fund Market Value
| RUSTX Fund | USD 18.72 0.08 0.43% |
| Symbol | RUSTX |
Us Strategic '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 Us Strategic'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 Us Strategic.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Us Strategic on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Us Strategic Equity or generate 0.0% return on investment in Us Strategic over 30 days. Us Strategic is related to or competes with Rational/pier, Absolute Convertible, Calamos Dynamic, Columbia Convertible, Fidelity Convertible, Harbor Convertible, and Miller Convertible. The fund has a non-fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net... More
Us Strategic 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 Us Strategic'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 Us Strategic Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8218 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.17 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.16 |
Us Strategic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Us Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Us Strategic's standard deviation. In reality, there are many statistical measures that can use Us Strategic historical prices to predict the future Us Strategic's volatility.| Risk Adjusted Performance | 0.1196 | |||
| Jensen Alpha | 0.0039 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1251 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Us Strategic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Us Strategic Equity Backtested Returns
At this stage we consider RUSTX Mutual Fund to be very steady. Us Strategic Equity retains Efficiency (Sharpe Ratio) of 0.15, which indicates the fund had a 0.15% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Us Strategic, which you can use to evaluate the volatility of the fund. Please validate Us Strategic's Downside Deviation of 0.8218, risk adjusted performance of 0.1196, and Mean Deviation of 0.5608 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity owns a Beta (Systematic Risk) of 0.9, which indicates possible diversification benefits within a given portfolio. Us Strategic returns are very sensitive to returns on the market. As the market goes up or down, Us Strategic is expected to follow.
Auto-correlation | 0.39 |
Below average predictability
Us Strategic Equity has below average predictability. Overlapping area represents the amount of predictability between Us Strategic time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Us Strategic Equity price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Us Strategic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Us Strategic Equity lagged returns against current returns
Autocorrelation, which is Us Strategic 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 Us Strategic's mutual fund expected returns. We can calculate the autocorrelation of Us Strategic returns to help us make a trade decision. For example, suppose you find that Us Strategic 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 |
Us Strategic 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 Us Strategic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Us Strategic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Us Strategic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Us Strategic Lagged Returns
When evaluating Us Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Us Strategic mutual fund have on its future price. Us Strategic 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, Us Strategic autocorrelation shows the relationship between Us Strategic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Us Strategic 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 RUSTX Mutual Fund
Us Strategic financial ratios help investors to determine whether RUSTX 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 RUSTX with respect to the benefits of owning Us Strategic security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |