Vivaldi Merger Arbitrage Fund Market Value
| VARBX Fund | USD 11.16 0.01 0.09% |
| Symbol | Vivaldi |
Vivaldi Merger '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 Vivaldi Merger'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 Vivaldi Merger.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Vivaldi Merger on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Vivaldi Merger Arbitrage or generate 0.0% return on investment in Vivaldi Merger over 300 days. Vivaldi Merger is related to or competes with Volumetric Fund, Ips Strategic, Eic Value, Archer Balanced, Omni Small-cap, Center Coast, and Materials Portfolio. Under normal market conditions, the fund primarily invests in equity securities and derivatives thereof of companies tha... More
Vivaldi Merger 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 Vivaldi Merger'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 Vivaldi Merger Arbitrage upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.0985 | |||
| Information Ratio | (1.97) | |||
| Maximum Drawdown | 0.271 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.0903 |
Vivaldi Merger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vivaldi Merger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vivaldi Merger's standard deviation. In reality, there are many statistical measures that can use Vivaldi Merger historical prices to predict the future Vivaldi Merger's volatility.| Risk Adjusted Performance | 0.0866 | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (1.15) | |||
| Treynor Ratio | 0.2959 |
Vivaldi Merger Arbitrage Backtested Returns
At this stage we consider Vivaldi Mutual Fund to be very steady. Vivaldi Merger Arbitrage owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the fund had a 0.27% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Vivaldi Merger Arbitrage, which you can use to evaluate the volatility of the fund. Please validate Vivaldi Merger's Risk Adjusted Performance of 0.0866, downside deviation of 0.0985, and Standard Deviation of 0.0573 to confirm if the risk estimate we provide is consistent with the expected return of 0.0157%. The entity has a beta of 0.0194, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vivaldi Merger's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vivaldi Merger is expected to be smaller as well.
Auto-correlation | 0.99 |
Perfect predictability
Vivaldi Merger Arbitrage has perfect predictability. Overlapping area represents the amount of predictability between Vivaldi Merger time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Vivaldi Merger Arbitrage price movement. The serial correlation of 0.99 indicates that 99.0% of current Vivaldi Merger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.99 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vivaldi Merger Arbitrage lagged returns against current returns
Autocorrelation, which is Vivaldi Merger 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 Vivaldi Merger's mutual fund expected returns. We can calculate the autocorrelation of Vivaldi Merger returns to help us make a trade decision. For example, suppose you find that Vivaldi Merger 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 |
Vivaldi Merger 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 Vivaldi Merger mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vivaldi Merger mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vivaldi Merger mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vivaldi Merger Lagged Returns
When evaluating Vivaldi Merger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vivaldi Merger mutual fund have on its future price. Vivaldi Merger 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, Vivaldi Merger autocorrelation shows the relationship between Vivaldi Merger mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vivaldi Merger Arbitrage.
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 Vivaldi Mutual Fund
Vivaldi Merger financial ratios help investors to determine whether Vivaldi 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 Vivaldi with respect to the benefits of owning Vivaldi Merger security.
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