Stone Ridge High Fund Market Value
| SHRIX Fund | USD 9.42 0.01 0.11% |
| Symbol | Stone |
Stone Ridge '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 Stone Ridge'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 Stone Ridge.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Stone Ridge on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Stone Ridge High or generate 0.0% return on investment in Stone Ridge over 30 days. Stone Ridge is related to or competes with Blrc Sgy, Versatile Bond, Ab Global, Touchstone Premium, Ab Bond, and Federated Ultrashort. Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus the amount of any borrowing... More
Stone Ridge 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 Stone Ridge'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 Stone Ridge High upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.69 | |||
| Value At Risk | (0.22) | |||
| Potential Upside | 0.5549 |
Stone Ridge Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stone Ridge's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stone Ridge's standard deviation. In reality, there are many statistical measures that can use Stone Ridge historical prices to predict the future Stone Ridge's volatility.| Risk Adjusted Performance | 0.0733 | |||
| Jensen Alpha | 0.0495 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.7297 |
Stone Ridge High Backtested Returns
At this stage we consider Stone Mutual Fund to be very steady. Stone Ridge High owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0843, which indicates the fund had a 0.0843% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Stone Ridge High, which you can use to evaluate the volatility of the fund. Please validate Stone Ridge's Coefficient Of Variation of 1035.34, semi deviation of 0.7867, and Risk Adjusted Performance of 0.0733 to confirm if the risk estimate we provide is consistent with the expected return of 0.0619%. The entity has a beta of 0.0823, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Stone Ridge's returns are expected to increase less than the market. However, during the bear market, the loss of holding Stone Ridge is expected to be smaller as well.
Auto-correlation | 0.92 |
Excellent predictability
Stone Ridge High has excellent predictability. Overlapping area represents the amount of predictability between Stone Ridge time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Stone Ridge High price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Stone Ridge price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Stone Ridge High lagged returns against current returns
Autocorrelation, which is Stone Ridge 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 Stone Ridge's mutual fund expected returns. We can calculate the autocorrelation of Stone Ridge returns to help us make a trade decision. For example, suppose you find that Stone Ridge 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 |
Stone Ridge 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 Stone Ridge mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stone Ridge mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stone Ridge mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Stone Ridge Lagged Returns
When evaluating Stone Ridge's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stone Ridge mutual fund have on its future price. Stone Ridge 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, Stone Ridge autocorrelation shows the relationship between Stone Ridge mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Stone Ridge High.
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 Stone Mutual Fund
Stone Ridge financial ratios help investors to determine whether Stone 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 Stone with respect to the benefits of owning Stone Ridge security.
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