Short Real Estate Fund Market Value
| SRPSX Fund | USD 6.59 0.04 0.60% |
| Symbol | Short |
Short Real '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 Short Real'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 Short Real.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Short Real on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Short Real Estate or generate 0.0% return on investment in Short Real over 720 days. Short Real is related to or competes with Energy Basic, Gmo Resources, Franklin Natural, Jennison Natural, and Short Oil. The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns ... More
Short Real 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 Short Real'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 Short Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.27 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.33 |
Short Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Short Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Short Real's standard deviation. In reality, there are many statistical measures that can use Short Real historical prices to predict the future Short Real's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 2.55 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Short Real'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.
Short Real Estate Backtested Returns
Short Real Estate owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.061, which indicates the fund had a -0.061% return per unit of risk over the last 3 months. Short Real Estate exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Short Real's Variance of 0.7803, coefficient of variation of (2,736), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of -0.0166, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Short Real are expected to decrease at a much lower rate. During the bear market, Short Real is likely to outperform the market.
Auto-correlation | -0.59 |
Good reverse predictability
Short Real Estate has good reverse predictability. Overlapping area represents the amount of predictability between Short Real time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Short Real Estate price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Short Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Short Real Estate lagged returns against current returns
Autocorrelation, which is Short Real 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 Short Real's mutual fund expected returns. We can calculate the autocorrelation of Short Real returns to help us make a trade decision. For example, suppose you find that Short Real 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 |
Short Real 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 Short Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Short Real mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Short Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Short Real Lagged Returns
When evaluating Short Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Short Real mutual fund have on its future price. Short Real 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, Short Real autocorrelation shows the relationship between Short Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Short Real Estate.
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 Short Mutual Fund
Short Real financial ratios help investors to determine whether Short 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 Short with respect to the benefits of owning Short Real security.
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