Resq Dynamic Allocation Fund Market Value
| RQECX Fund | USD 10.56 0.05 0.47% |
| Symbol | Resq |
Resq Dynamic '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 Resq Dynamic'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 Resq Dynamic.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Resq Dynamic on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Resq Dynamic Allocation or generate 0.0% return on investment in Resq Dynamic over 30 days. Resq Dynamic is related to or competes with Morningstar Aggressive, Lgm Risk, Western Asset, Needham Aggressive, Intal High, and Calvert High. The investment seeks long term capital appreciation with capital preservation as a secondary objective More
Resq Dynamic 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 Resq Dynamic'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 Resq Dynamic Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.1088 | |||
| Maximum Drawdown | 5.96 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 2.63 |
Resq Dynamic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Resq Dynamic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Resq Dynamic's standard deviation. In reality, there are many statistical measures that can use Resq Dynamic historical prices to predict the future Resq Dynamic's volatility.| Risk Adjusted Performance | 0.1401 | |||
| Jensen Alpha | 0.2097 | |||
| Total Risk Alpha | 0.0703 | |||
| Sortino Ratio | 0.1203 | |||
| Treynor Ratio | 1.08 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Resq Dynamic'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.
Resq Dynamic Allocation Backtested Returns
Resq Dynamic appears to be not too volatile, given 3 months investment horizon. Resq Dynamic Allocation maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Resq Dynamic Allocation, which you can use to evaluate the volatility of the fund. Please evaluate Resq Dynamic's Risk Adjusted Performance of 0.1401, semi deviation of 0.8478, and Coefficient Of Variation of 534.03 to confirm if our risk estimates are consistent with your expectations. The fund holds a Beta of 0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, Resq Dynamic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Resq Dynamic is expected to be smaller as well.
Auto-correlation | 0.15 |
Insignificant predictability
Resq Dynamic Allocation has insignificant predictability. Overlapping area represents the amount of predictability between Resq Dynamic 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 Resq Dynamic Allocation price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Resq Dynamic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Resq Dynamic Allocation lagged returns against current returns
Autocorrelation, which is Resq Dynamic 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 Resq Dynamic's mutual fund expected returns. We can calculate the autocorrelation of Resq Dynamic returns to help us make a trade decision. For example, suppose you find that Resq Dynamic 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 |
Resq Dynamic 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 Resq Dynamic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Resq Dynamic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Resq Dynamic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Resq Dynamic Lagged Returns
When evaluating Resq Dynamic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Resq Dynamic mutual fund have on its future price. Resq Dynamic 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, Resq Dynamic autocorrelation shows the relationship between Resq Dynamic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Resq Dynamic Allocation.
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 Resq Mutual Fund
Resq Dynamic financial ratios help investors to determine whether Resq 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 Resq with respect to the benefits of owning Resq Dynamic security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |