The Relative Value Fund Market Value
| VFLEX Fund | USD 27.34 0.03 0.11% |
| Symbol | Relative |
Relative Value '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 Relative Value'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 Relative Value.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Relative Value on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding The Relative Value or generate 0.0% return on investment in Relative Value over 720 days. Relative Value is related to or competes with Ab Value, Rbb Fund, Materials Portfolio, Qs Us, Volumetric Fund, and Arrow Managed. Relative Value is entity of United States More
Relative Value 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 Relative Value'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 The Relative Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.63) | |||
| Maximum Drawdown | 0.3705 | |||
| Value At Risk | (0.04) | |||
| Potential Upside | 0.1498 |
Relative Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Relative Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Relative Value's standard deviation. In reality, there are many statistical measures that can use Relative Value historical prices to predict the future Relative Value's volatility.| Risk Adjusted Performance | 0.4016 | |||
| Jensen Alpha | 0.0294 | |||
| Total Risk Alpha | 0.0205 | |||
| Treynor Ratio | 3.58 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Relative Value'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.
Relative Value Backtested Returns
At this stage we consider Relative Mutual Fund to be very steady. Relative Value maintains Sharpe Ratio (i.e., Efficiency) of 0.66, which implies the entity had a 0.66% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Relative Value, which you can use to evaluate the volatility of the fund. Please check Relative Value's Coefficient Of Variation of 146.95, market risk adjusted performance of 3.59, and Variance of 0.0035 to confirm if the risk estimate we provide is consistent with the expected return of 0.04%. The fund holds a Beta of 0.0085, which implies not very significant fluctuations relative to the market. As returns on the market increase, Relative Value's returns are expected to increase less than the market. However, during the bear market, the loss of holding Relative Value is expected to be smaller as well.
Auto-correlation | 0.99 |
Perfect predictability
The Relative Value has perfect predictability. Overlapping area represents the amount of predictability between Relative Value time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Relative Value price movement. The serial correlation of 0.99 indicates that 99.0% of current Relative Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.99 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
Relative Value lagged returns against current returns
Autocorrelation, which is Relative Value 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 Relative Value's mutual fund expected returns. We can calculate the autocorrelation of Relative Value returns to help us make a trade decision. For example, suppose you find that Relative Value 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 |
Relative Value 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 Relative Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Relative Value mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Relative Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Relative Value Lagged Returns
When evaluating Relative Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Relative Value mutual fund have on its future price. Relative Value 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, Relative Value autocorrelation shows the relationship between Relative Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Relative Value.
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 Relative Mutual Fund
Relative Value financial ratios help investors to determine whether Relative 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 Relative with respect to the benefits of owning Relative Value security.
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