Redwood Managed Volatility Fund Market Value
| RWDYX Fund | USD 11.82 0.02 0.17% |
| Symbol | Redwood |
Redwood 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 Redwood 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 Redwood Managed.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Redwood Managed on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Redwood Managed Volatility or generate 0.0% return on investment in Redwood Managed over 540 days. Redwood Managed is related to or competes with Redwood Managed, Redwood Systematic, Redwood Alphafactor, Redwood Managed, and Two Roads. The adviser uses a trend-following strategy that seeks to identify the critical turning points in the markets for high y... More
Redwood 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 Redwood 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 Redwood Managed Volatility upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1706 | |||
| Information Ratio | (0.74) | |||
| Maximum Drawdown | 0.5137 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.256 |
Redwood Managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Redwood Managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Redwood Managed's standard deviation. In reality, there are many statistical measures that can use Redwood Managed historical prices to predict the future Redwood Managed's volatility.| Risk Adjusted Performance | 0.0932 | |||
| Jensen Alpha | 0.0037 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.59) | |||
| Treynor Ratio | 0.1548 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Redwood Managed'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.
Redwood Managed Vola Backtested Returns
At this stage we consider Redwood Mutual Fund to be very steady. Redwood Managed Vola maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Redwood Managed Vola, which you can use to evaluate the volatility of the fund. Please check Redwood Managed's Standard Deviation of 0.1355, downside deviation of 0.1706, and Risk Adjusted Performance of 0.0932 to confirm if the risk estimate we provide is consistent with the expected return of 0.0286%. The fund holds a Beta of 0.095, which implies not very significant fluctuations relative to the market. As returns on the market increase, Redwood Managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Redwood Managed is expected to be smaller as well.
Auto-correlation | 0.20 |
Weak predictability
Redwood Managed Volatility has weak predictability. Overlapping area represents the amount of predictability between Redwood Managed time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Redwood Managed Vola price movement. The serial correlation of 0.2 indicates that over 20.0% of current Redwood Managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Redwood Managed Vola lagged returns against current returns
Autocorrelation, which is Redwood 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 Redwood Managed's mutual fund expected returns. We can calculate the autocorrelation of Redwood Managed returns to help us make a trade decision. For example, suppose you find that Redwood 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 |
Redwood 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 Redwood Managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Redwood 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 Redwood Managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Redwood Managed Lagged Returns
When evaluating Redwood Managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Redwood Managed mutual fund have on its future price. Redwood 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, Redwood Managed autocorrelation shows the relationship between Redwood Managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Redwood Managed Volatility.
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 Redwood Mutual Fund
Redwood Managed financial ratios help investors to determine whether Redwood 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 Redwood with respect to the benefits of owning Redwood Managed security.
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