Roumell Opportunistic Value Fund Market Value
RAMSX Fund | USD 4.94 0.05 1.02% |
Symbol | Roumell |
Roumell Opportunistic '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 Roumell Opportunistic'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 Roumell Opportunistic.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Roumell Opportunistic on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Roumell Opportunistic Value or generate 0.0% return on investment in Roumell Opportunistic over 30 days. Roumell Opportunistic is related to or competes with USCF Gold, Sector Rotation, Fidelity Otc, Fidelity Advisor, Aqr Global, and Vanguard Mid-cap. The funds portfolio will primarily consist of domestic and foreign equity securities domestic and foreign fixed income s... More
Roumell Opportunistic 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 Roumell Opportunistic'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 Roumell Opportunistic Value upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.12 | |||
Information Ratio | (0.08) | |||
Maximum Drawdown | 5.13 | |||
Value At Risk | (1.73) | |||
Potential Upside | 1.91 |
Roumell Opportunistic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roumell Opportunistic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roumell Opportunistic's standard deviation. In reality, there are many statistical measures that can use Roumell Opportunistic historical prices to predict the future Roumell Opportunistic's volatility.Risk Adjusted Performance | 0.0357 | |||
Jensen Alpha | 0.0647 | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Roumell Opportunistic'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.
Roumell Opportunistic Backtested Returns
We consider Roumell Opportunistic not too volatile. Roumell Opportunistic maintains Sharpe Ratio (i.e., Efficiency) of 0.0951, which implies the entity had a 0.0951% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Roumell Opportunistic, which you can use to evaluate the volatility of the fund. Please check Roumell Opportunistic's Risk Adjusted Performance of 0.0357, coefficient of variation of 1770.9, and Semi Deviation of 0.9028 to confirm if the risk estimate we provide is consistent with the expected return of 0.0895%. The fund holds a Beta of -0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Roumell Opportunistic are expected to decrease at a much lower rate. During the bear market, Roumell Opportunistic is likely to outperform the market.
Auto-correlation | 0.62 |
Good predictability
Roumell Opportunistic Value has good predictability. Overlapping area represents the amount of predictability between Roumell Opportunistic time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Roumell Opportunistic price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Roumell Opportunistic price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.62 | |
Spearman Rank Test | 0.35 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Roumell Opportunistic lagged returns against current returns
Autocorrelation, which is Roumell Opportunistic 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 Roumell Opportunistic's mutual fund expected returns. We can calculate the autocorrelation of Roumell Opportunistic returns to help us make a trade decision. For example, suppose you find that Roumell Opportunistic 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 |
Roumell Opportunistic 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 Roumell Opportunistic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roumell Opportunistic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roumell Opportunistic mutual fund over time.
Current vs Lagged Prices |
Timeline |
Roumell Opportunistic Lagged Returns
When evaluating Roumell Opportunistic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roumell Opportunistic mutual fund have on its future price. Roumell Opportunistic 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, Roumell Opportunistic autocorrelation shows the relationship between Roumell Opportunistic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Roumell Opportunistic Value.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Roumell Opportunistic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Roumell Opportunistic's short interest history, or implied volatility extrapolated from Roumell Opportunistic options trading.
Currently Active Assets on Macroaxis
Check out Roumell Opportunistic Correlation, Roumell Opportunistic Volatility and Roumell Opportunistic Alpha and Beta module to complement your research on Roumell Opportunistic. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Roumell Mutual Fund analysis
When running Roumell Opportunistic's price analysis, check to measure Roumell Opportunistic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Roumell Opportunistic is operating at the current time. Most of Roumell Opportunistic's value examination focuses on studying past and present price action to predict the probability of Roumell Opportunistic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roumell Opportunistic's price. Additionally, you may evaluate how the addition of Roumell Opportunistic to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |
Roumell Opportunistic technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.