Inverse Government Long Fund Market Value
| RYJCX Fund | USD 159.16 1.62 1.03% |
| Symbol | Inverse |
Inverse Government '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 Government'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 Government.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Inverse Government on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Inverse Government Long or generate 0.0% return on investment in Inverse Government over 30 days. Inverse Government is related to or competes with T Rowe, Champlain Mid, Tfa Alphagen, Qs Growth, Mid Cap, and Smallcap Growth. The fund employs as its investment strategy a program of engaging in short sales and investing to a significant extent i... More
Inverse Government 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 Government'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 Government Long upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8194 | |||
| Information Ratio | 0.023 | |||
| Maximum Drawdown | 5.22 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.52 |
Inverse Government Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inverse Government's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inverse Government's standard deviation. In reality, there are many statistical measures that can use Inverse Government historical prices to predict the future Inverse Government's volatility.| Risk Adjusted Performance | 0.1262 | |||
| Jensen Alpha | 0.1203 | |||
| Total Risk Alpha | 0.002 | |||
| Sortino Ratio | 0.0234 | |||
| Treynor Ratio | 1.15 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Inverse Government'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 Government Long Backtested Returns
At this stage we consider Inverse Mutual Fund to be very steady. Inverse Government Long holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Inverse Government Long, which you can use to evaluate the volatility of the entity. Please check out Inverse Government's Downside Deviation of 0.8194, market risk adjusted performance of 1.16, and Risk Adjusted Performance of 0.1262 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. The fund retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Inverse Government's returns are expected to increase less than the market. However, during the bear market, the loss of holding Inverse Government is expected to be smaller as well.
Auto-correlation | -0.53 |
Good reverse predictability
Inverse Government Long has good reverse predictability. Overlapping area represents the amount of predictability between Inverse Government time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 Government Long price movement. The serial correlation of -0.53 indicates that about 53.0% of current Inverse Government price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 1.37 |
Inverse Government Long lagged returns against current returns
Autocorrelation, which is Inverse Government 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 Government's mutual fund expected returns. We can calculate the autocorrelation of Inverse Government returns to help us make a trade decision. For example, suppose you find that Inverse Government 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 Government 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 Government mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inverse Government 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 Government mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Inverse Government Lagged Returns
When evaluating Inverse Government's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inverse Government mutual fund have on its future price. Inverse Government 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 Government autocorrelation shows the relationship between Inverse Government mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Inverse Government Long.
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 Government 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 Government security.
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