Inverse Dow 2x Fund Market Value
| RYCWX Fund | USD 28.18 0.17 0.60% |
| Symbol | INVERSE |
Inverse Dow '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 Dow'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 Dow.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Inverse Dow on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Inverse Dow 2x or generate 0.0% return on investment in Inverse Dow over 30 days. Inverse Dow is related to or competes with Federated Mdt, Rational Strategic, Alternative Asset, Gmo Us, and Aqr Large. The fund employs as its investment strategy a program of engaging in short sales of securities generally included in the... More
Inverse Dow 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 Dow'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 Dow 2x upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 10.1 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 1.94 |
Inverse Dow Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inverse Dow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inverse Dow's standard deviation. In reality, there are many statistical measures that can use Inverse Dow historical prices to predict the future Inverse Dow's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (1.69) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Inverse Dow'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.
Inverse Dow 2x Backtested Returns
Inverse Dow 2x holds Efficiency (Sharpe) Ratio of -0.0878, which attests that the entity had a -0.0878% return per unit of risk over the last 3 months. Inverse Dow 2x exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inverse Dow's Standard Deviation of 1.5, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (1.68) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.0972, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Inverse Dow's returns are expected to increase less than the market. However, during the bear market, the loss of holding Inverse Dow is expected to be smaller as well.
Auto-correlation | 0.01 |
Virtually no predictability
Inverse Dow 2x has virtually no predictability. Overlapping area represents the amount of predictability between Inverse Dow time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Dow 2x price movement. The serial correlation of 0.01 indicates that just 1.0% of current Inverse Dow price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Inverse Dow 2x lagged returns against current returns
Autocorrelation, which is Inverse Dow 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 Dow's mutual fund expected returns. We can calculate the autocorrelation of Inverse Dow returns to help us make a trade decision. For example, suppose you find that Inverse Dow 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 Dow 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 Dow mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inverse Dow 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 Dow mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Inverse Dow Lagged Returns
When evaluating Inverse Dow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inverse Dow mutual fund have on its future price. Inverse Dow 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 Dow autocorrelation shows the relationship between Inverse Dow mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Inverse Dow 2x.
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 Dow 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 Dow security.
| Transaction History View history of all your transactions and understand their impact on performance | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |