Retailing Fund Class Fund Market Value
| RYRAX Fund | USD 55.66 0.91 1.66% |
| Symbol | Retailing |
Retailing Fund '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 Retailing Fund'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 Retailing Fund.
| 02/01/2024 |
| 01/21/2026 |
If you would invest 0.00 in Retailing Fund on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Retailing Fund Class or generate 0.0% return on investment in Retailing Fund over 720 days. Retailing Fund is related to or competes with Basic Materials, Basic Materials, Banking Fund, Basic Materials, Sp Midcap, Basic Materials, and Biotechnology Fund. Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Retailing Compa... More
Retailing Fund 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 Retailing Fund'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 Retailing Fund Class upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9211 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.79 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.65 |
Retailing Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Retailing Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Retailing Fund's standard deviation. In reality, there are many statistical measures that can use Retailing Fund historical prices to predict the future Retailing Fund's volatility.| Risk Adjusted Performance | 0.0501 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0517 |
Retailing Fund Class Backtested Returns
At this stage we consider Retailing Mutual Fund to be very steady. Retailing Fund Class maintains Sharpe Ratio (i.e., Efficiency) of 0.0912, which implies the entity had a 0.0912 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Retailing Fund Class, which you can use to evaluate the volatility of the fund. Please check Retailing Fund's Coefficient Of Variation of 1529.48, semi deviation of 0.8405, and Risk Adjusted Performance of 0.0501 to confirm if the risk estimate we provide is consistent with the expected return of 0.0911%. The fund holds a Beta of 1.02, which implies a somewhat significant risk relative to the market. Retailing Fund returns are very sensitive to returns on the market. As the market goes up or down, Retailing Fund is expected to follow.
Auto-correlation | 0.61 |
Good predictability
Retailing Fund Class has good predictability. Overlapping area represents the amount of predictability between Retailing Fund time series from 1st of February 2024 to 26th of January 2025 and 26th of January 2025 to 21st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Retailing Fund Class price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Retailing Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 9.86 |
Retailing Fund Class lagged returns against current returns
Autocorrelation, which is Retailing Fund 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 Retailing Fund's mutual fund expected returns. We can calculate the autocorrelation of Retailing Fund returns to help us make a trade decision. For example, suppose you find that Retailing Fund 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 |
Retailing Fund 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 Retailing Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Retailing Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Retailing Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Retailing Fund Lagged Returns
When evaluating Retailing Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Retailing Fund mutual fund have on its future price. Retailing Fund 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, Retailing Fund autocorrelation shows the relationship between Retailing Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Retailing Fund Class.
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 Retailing Mutual Fund
Retailing Fund financial ratios help investors to determine whether Retailing 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 Retailing with respect to the benefits of owning Retailing Fund security.
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