Macroaxis considers Roumell Opportunistic to be somewhat reliable. Roumell Opportunistic
maintains Sharpe Ratio (i.e. Efficiency) of -0.0212 which implies the entity had -0.0212% of return per unit of risk over the last 2 months. Macroaxis philosophy towards forecasting risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Roumell Opportunistic exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Roumell Opportunistic Risk Adjusted Performance
of (0.019035) and Coefficient Of Variation of (4,715) to confirm risk estimate we provide. The fund holds Beta of 0.6632 which implies as returns on market increase, Roumell Opportunistic returns are expected to increase less than the market. However during bear market, the loss on holding Roumell Opportunistic will be expected to be smaller as well. Even though it is essential to pay attention to Roumell Opportunistic current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Roumell Opportunistic exposes twenty-one different technical indicators which can help you to evaluate its performance.
Good reverse predictability
Roumell Opportunistic Value Ins has good reverse predictability. Overlapping area represents the amount of predictability between Roumell Opportunistic time series from June 25, 2019 to July 25, 2019 and July 25, 2019 to August 24, 2019. 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 -0.51 indicates that about 51.0% of current Roumell Opportunistic price fluctuation can be explain by its past prices. Given that Roumell Opportunistic Value Ins has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Roumell Opportunistic for similar time interval.