Redwood Systematic Macro Fund Market Value
| RWSIX Fund | USD 19.44 0.23 1.17% |
| Symbol | Redwood |
Redwood Systematic '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 Systematic'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 Systematic.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Redwood Systematic on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Redwood Systematic Macro or generate 0.0% return on investment in Redwood Systematic over 60 days. Redwood Systematic is related to or competes with Institutional Fiduciary. Utilizing a quantitative and tactical approach, the fund implements an investment strategy that seeks to hold a diversified portfolio of securities, ETFs, open-end investment companies andor closed-end investment companies, including tender offer and interval funds within any of the following asset classes when, in the view of the Adviser, various risk measurements show the potential to produce positive returns domestic and international small-cap equities growth and income equities preferred securities convertible bonds high yield bonds and leveraged loans. More
Redwood Systematic 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 Systematic'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 Systematic Macro upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6928 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.11 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.23 |
Redwood Systematic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Redwood Systematic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Redwood Systematic's standard deviation. In reality, there are many statistical measures that can use Redwood Systematic historical prices to predict the future Redwood Systematic's volatility.| Risk Adjusted Performance | 0.0917 | |||
| Jensen Alpha | 0.0746 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 1.5 |
Redwood Systematic Macro Backtested Returns
At this stage we consider Redwood Mutual Fund to be very steady. Redwood Systematic Macro maintains Sharpe Ratio (i.e., Efficiency) of 0.092, which implies the entity had a 0.092% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Redwood Systematic Macro, which you can use to evaluate the volatility of the fund. Please check Redwood Systematic's Semi Deviation of 0.5362, risk adjusted performance of 0.0917, and Coefficient Of Variation of 835.86 to confirm if the risk estimate we provide is consistent with the expected return of 0.07%. The fund holds a Beta of 0.054, which implies not very significant fluctuations relative to the market. As returns on the market increase, Redwood Systematic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Redwood Systematic is expected to be smaller as well.
Auto-correlation | -0.03 |
Very weak reverse predictability
Redwood Systematic Macro has very weak reverse predictability. Overlapping area represents the amount of predictability between Redwood Systematic time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 to 23rd 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 Systematic Macro price movement. The serial correlation of -0.03 indicates that only 3.0% of current Redwood Systematic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Redwood Systematic Macro lagged returns against current returns
Autocorrelation, which is Redwood Systematic 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 Systematic's mutual fund expected returns. We can calculate the autocorrelation of Redwood Systematic returns to help us make a trade decision. For example, suppose you find that Redwood Systematic 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 Systematic 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 Systematic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Redwood Systematic 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 Systematic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Redwood Systematic Lagged Returns
When evaluating Redwood Systematic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Redwood Systematic mutual fund have on its future price. Redwood Systematic 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 Systematic autocorrelation shows the relationship between Redwood Systematic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Redwood Systematic Macro.
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 Systematic 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 Systematic security.
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