Balanced Strategy Fund Market Value
| RBLRX Fund | USD 11.25 0.03 0.27% |
| Symbol | Balanced |
Balanced Strategy '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 Balanced Strategy'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 Balanced Strategy.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Balanced Strategy on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Balanced Strategy Fund or generate 0.0% return on investment in Balanced Strategy over 30 days. Balanced Strategy is related to or competes with Dreyfus Technology, Janus Global, Vanguard Information, Global Technology, Allianzgi Technology, Technology Ultrasector, and Towpath Technology. The investment seeks to provide above average long term capital appreciation and a moderate level of current income More
Balanced Strategy 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 Balanced Strategy'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 Balanced Strategy Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4366 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 2.07 | |||
| Value At Risk | (0.63) | |||
| Potential Upside | 0.6312 |
Balanced Strategy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Balanced Strategy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Balanced Strategy's standard deviation. In reality, there are many statistical measures that can use Balanced Strategy historical prices to predict the future Balanced Strategy's volatility.| Risk Adjusted Performance | 0.0233 | |||
| Jensen Alpha | 0.0019 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.1227 |
Balanced Strategy Backtested Returns
At this stage we consider Balanced Mutual Fund to be very steady. Balanced Strategy secures Sharpe Ratio (or Efficiency) of 0.0434, which signifies that the fund had a 0.0434% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Balanced Strategy Fund, which you can use to evaluate the volatility of the entity. Please confirm Balanced Strategy's Risk Adjusted Performance of 0.0233, downside deviation of 0.4366, and Mean Deviation of 0.3069 to double-check if the risk estimate we provide is consistent with the expected return of 0.0173%. The fund shows a Beta (market volatility) of 0.0593, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Balanced Strategy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Balanced Strategy is expected to be smaller as well.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Balanced Strategy Fund has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Balanced Strategy time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Balanced Strategy price movement. The serial correlation of -0.72 indicates that around 72.0% of current Balanced Strategy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Balanced Strategy lagged returns against current returns
Autocorrelation, which is Balanced Strategy 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 Balanced Strategy's mutual fund expected returns. We can calculate the autocorrelation of Balanced Strategy returns to help us make a trade decision. For example, suppose you find that Balanced Strategy 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 |
Balanced Strategy 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 Balanced Strategy mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Balanced Strategy mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Balanced Strategy mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Balanced Strategy Lagged Returns
When evaluating Balanced Strategy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Balanced Strategy mutual fund have on its future price. Balanced Strategy 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, Balanced Strategy autocorrelation shows the relationship between Balanced Strategy mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Balanced Strategy Fund.
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 Balanced Mutual Fund
Balanced Strategy financial ratios help investors to determine whether Balanced 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 Balanced with respect to the benefits of owning Balanced Strategy security.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |