Tactical Multi Purpose Fund Market Value
| TMPFX Fund | USD 10.25 0.00 0.00% |
| Symbol | Tactical |
Tactical Multi '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 Tactical Multi'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 Tactical Multi.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Tactical Multi on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Tactical Multi Purpose Fund or generate 0.0% return on investment in Tactical Multi over 720 days. Tactical Multi is related to or competes with Fisher Large, Fisher All, Fisher Investments, Fisher Investments, Fisher Investments, and Fisher Investments. The fund is designed to be used by the Adviser to facilitate moving groups of clients into and out of defensive and spec... More
Tactical Multi 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 Tactical Multi'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 Tactical Multi Purpose Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (3.27) | |||
| Maximum Drawdown | 0.0984 | |||
| Potential Upside | 0.0981 |
Tactical Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tactical Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tactical Multi's standard deviation. In reality, there are many statistical measures that can use Tactical Multi historical prices to predict the future Tactical Multi's volatility.| Risk Adjusted Performance | 0.0859 | |||
| Jensen Alpha | 0.0041 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | (0.56) |
Tactical Multi Purpose Backtested Returns
At this stage we consider Tactical Mutual Fund to be very steady. Tactical Multi Purpose owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.38, which indicates the fund had a 0.38% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Tactical Multi Purpose Fund, which you can use to evaluate the volatility of the fund. Please validate Tactical Multi's Coefficient Of Variation of 253.59, variance of 0.0011, and Risk Adjusted Performance of 0.0859 to confirm if the risk estimate we provide is consistent with the expected return of 0.0124%. The entity has a beta of -0.006, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tactical Multi are expected to decrease at a much lower rate. During the bear market, Tactical Multi is likely to outperform the market.
Auto-correlation | 1.00 |
Perfect predictability
Tactical Multi Purpose Fund has perfect predictability. Overlapping area represents the amount of predictability between Tactical Multi time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Tactical Multi Purpose price movement. The serial correlation of 1.0 indicates that 100.0% of current Tactical Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Tactical Multi Purpose lagged returns against current returns
Autocorrelation, which is Tactical Multi 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 Tactical Multi's mutual fund expected returns. We can calculate the autocorrelation of Tactical Multi returns to help us make a trade decision. For example, suppose you find that Tactical Multi 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 |
Tactical Multi 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 Tactical Multi mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tactical Multi mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tactical Multi mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tactical Multi Lagged Returns
When evaluating Tactical Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tactical Multi mutual fund have on its future price. Tactical Multi 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, Tactical Multi autocorrelation shows the relationship between Tactical Multi mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tactical Multi Purpose Fund.
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 Tactical Mutual Fund
Tactical Multi financial ratios help investors to determine whether Tactical 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 Tactical with respect to the benefits of owning Tactical Multi security.
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