Innealta Capital Sector Fund Market Value
| SROAX Fund | USD 12.93 0.04 0.31% |
| Symbol | Innealta |
Innealta Capital '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 Innealta Capital'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 Innealta Capital.
| 06/14/2024 |
| 12/11/2024 |
If you would invest 0.00 in Innealta Capital on June 14, 2024 and sell it all today you would earn a total of 0.00 from holding Innealta Capital Sector or generate 0.0% return on investment in Innealta Capital over 180 days. Innealta Capital is related to or competes with Commonwealth Global, Issachar Fund, T Rowe, Rbb Fund, T Rowe, T Rowe, and Multimedia Portfolio. The fund will, under normal circumstances, invest at least 80 percent of its net assets in equity securities of issuers ... More
Innealta Capital 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 Innealta Capital'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 Innealta Capital Sector upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6035 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.48 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 1.12 |
Innealta Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innealta Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Innealta Capital's standard deviation. In reality, there are many statistical measures that can use Innealta Capital historical prices to predict the future Innealta Capital's volatility.| Risk Adjusted Performance | 0.0932 | |||
| Jensen Alpha | 0.0059 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1251 |
Innealta Capital Sector Backtested Returns
At this stage we consider Innealta Mutual Fund to be out of control. Innealta Capital Sector holds Efficiency (Sharpe) Ratio of 0.0847, which attests that the entity had a 0.0847% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Innealta Capital Sector, which you can use to evaluate the volatility of the entity. Please check out Innealta Capital's Downside Deviation of 0.6035, risk adjusted performance of 0.0932, and Market Risk Adjusted Performance of 0.1351 to validate if the risk estimate we provide is consistent with the expected return of 0.0509%. The fund retains a Market Volatility (i.e., Beta) of 0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Innealta Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innealta Capital is expected to be smaller as well.
Auto-correlation | 0.19 |
Very weak predictability
Innealta Capital Sector has very weak predictability. Overlapping area represents the amount of predictability between Innealta Capital time series from 14th of June 2024 to 12th of September 2024 and 12th of September 2024 to 11th 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 Innealta Capital Sector price movement. The serial correlation of 0.19 indicates that over 19.0% of current Innealta Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Innealta Capital Sector lagged returns against current returns
Autocorrelation, which is Innealta Capital 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 Innealta Capital's mutual fund expected returns. We can calculate the autocorrelation of Innealta Capital returns to help us make a trade decision. For example, suppose you find that Innealta Capital 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 |
Innealta Capital 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 Innealta Capital mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Innealta Capital mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Innealta Capital mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Innealta Capital Lagged Returns
When evaluating Innealta Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Innealta Capital mutual fund have on its future price. Innealta Capital 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, Innealta Capital autocorrelation shows the relationship between Innealta Capital mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Innealta Capital Sector.
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 Innealta Mutual Fund
Innealta Capital financial ratios help investors to determine whether Innealta 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 Innealta with respect to the benefits of owning Innealta Capital security.
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