Inverse Nasdaq 100 Strategy Fund Market Value
| RYAPX Fund | USD 14.60 0.02 0.14% |
| Symbol | Inverse |
Inverse Nasdaq-100 '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 Inverse Nasdaq-100'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 Inverse Nasdaq-100.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Inverse Nasdaq-100 on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Inverse Nasdaq 100 Strategy or generate 0.0% return on investment in Inverse Nasdaq-100 over 30 days. Inverse Nasdaq-100 is related to or competes with Scharf Global, Artisan Global, Commonwealth Global, Rbb Fund, Kinetics Global, and Vanguard Global. The fund will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in financial in... More
Inverse Nasdaq-100 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 Inverse Nasdaq-100'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 Inverse Nasdaq 100 Strategy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 5.87 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 2.48 |
Inverse Nasdaq-100 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inverse Nasdaq-100's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inverse Nasdaq-100's standard deviation. In reality, there are many statistical measures that can use Inverse Nasdaq-100 historical prices to predict the future Inverse Nasdaq-100's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | 0.0364 | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.0836 |
Inverse Nasdaq 100 Backtested Returns
Inverse Nasdaq 100 holds Efficiency (Sharpe) Ratio of -0.0611, which attests that the entity had a -0.0611% return per unit of risk over the last 3 months. Inverse Nasdaq 100 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inverse Nasdaq-100's Market Risk Adjusted Performance of 0.0936, risk adjusted performance of (0.05), and Standard Deviation of 1.11 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.98, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Inverse Nasdaq-100 are expected to decrease slowly. On the other hand, during market turmoil, Inverse Nasdaq-100 is expected to outperform it slightly.
Auto-correlation | 0.16 |
Very weak predictability
Inverse Nasdaq 100 Strategy has very weak predictability. Overlapping area represents the amount of predictability between Inverse Nasdaq-100 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 Inverse Nasdaq 100 price movement. The serial correlation of 0.16 indicates that over 16.0% of current Inverse Nasdaq-100 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Inverse Nasdaq 100 lagged returns against current returns
Autocorrelation, which is Inverse Nasdaq-100 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 Inverse Nasdaq-100's mutual fund expected returns. We can calculate the autocorrelation of Inverse Nasdaq-100 returns to help us make a trade decision. For example, suppose you find that Inverse Nasdaq-100 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 |
Inverse Nasdaq-100 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 Inverse Nasdaq-100 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inverse Nasdaq-100 mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inverse Nasdaq-100 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Inverse Nasdaq-100 Lagged Returns
When evaluating Inverse Nasdaq-100's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inverse Nasdaq-100 mutual fund have on its future price. Inverse Nasdaq-100 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, Inverse Nasdaq-100 autocorrelation shows the relationship between Inverse Nasdaq-100 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Inverse Nasdaq 100 Strategy.
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 Inverse Mutual Fund
Inverse Nasdaq-100 financial ratios help investors to determine whether Inverse 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 Inverse with respect to the benefits of owning Inverse Nasdaq-100 security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |