Monachil Credit Income Fund Market Value
| MONIX Fund | 10.04 0.01 0.1% |
| Symbol | Monachil |
Please note, there is a significant difference between Monachil Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monachil Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monachil Credit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Monachil Credit '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 Monachil Credit'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 Monachil Credit.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Monachil Credit on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Monachil Credit Income or generate 0.0% return on investment in Monachil Credit over 30 days. Monachil Credit is related to or competes with Fpa Queens, Royce Opportunity, Queens Road, Pace Small/medium, and Vanguard Small-cap. Monachil Credit is entity of United States More
Monachil Credit 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 Monachil Credit'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 Monachil Credit Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4061 | |||
| Information Ratio | (0.63) | |||
| Maximum Drawdown | 1.39 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.3027 |
Monachil Credit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monachil Credit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monachil Credit's standard deviation. In reality, there are many statistical measures that can use Monachil Credit historical prices to predict the future Monachil Credit's volatility.| Risk Adjusted Performance | 0.0868 | |||
| Jensen Alpha | 0.014 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.27) | |||
| Treynor Ratio | 0.6364 |
Monachil Credit Income Backtested Returns
At this stage we consider Monachil Mutual Fund to be very steady. Monachil Credit Income has Sharpe Ratio of 0.13, which conveys that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Monachil Credit, which you can use to evaluate the volatility of the fund. Please verify Monachil Credit's Mean Deviation of 0.0962, risk adjusted performance of 0.0868, and Coefficient Of Variation of 634.39 to check out if the risk estimate we provide is consistent with the expected return of 0.0237%. The fund secures a Beta (Market Risk) of 0.0276, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Monachil Credit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Monachil Credit is expected to be smaller as well.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Monachil Credit Income has insignificant reverse predictability. Overlapping area represents the amount of predictability between Monachil Credit time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Monachil Credit Income price movement. The serial correlation of -0.17 indicates that over 17.0% of current Monachil Credit price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Monachil Credit Income lagged returns against current returns
Autocorrelation, which is Monachil Credit 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 Monachil Credit's mutual fund expected returns. We can calculate the autocorrelation of Monachil Credit returns to help us make a trade decision. For example, suppose you find that Monachil Credit 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 |
Monachil Credit 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 Monachil Credit mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monachil Credit mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monachil Credit mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Monachil Credit Lagged Returns
When evaluating Monachil Credit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monachil Credit mutual fund have on its future price. Monachil Credit 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, Monachil Credit autocorrelation shows the relationship between Monachil Credit mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Monachil Credit Income.
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 Monachil Mutual Fund
Monachil Credit financial ratios help investors to determine whether Monachil 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 Monachil with respect to the benefits of owning Monachil Credit security.
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