The Arbitrage Credit Fund Market Value
| AGCAX Fund | USD 9.77 0.01 0.10% |
| Symbol | Arbitrage |
Arbitrage 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 Arbitrage 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 Arbitrage Credit.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Arbitrage Credit on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding The Arbitrage Credit or generate 0.0% return on investment in Arbitrage Credit over 720 days. Arbitrage Credit is related to or competes with Arbitrage Fund, Arbitrage Fund, Arbitrage Fund, Arbitrage Credit, Arbitrage Fund, Arbitrage Credit, and Arbitrage Event. The fund invests primarily in a portfolio of debt securities including corporate bonds and debentures , bank loans, conv... More
Arbitrage 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 Arbitrage 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 The Arbitrage Credit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1109 | |||
| Information Ratio | (1.25) | |||
| Maximum Drawdown | 0.5151 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1031 |
Arbitrage Credit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arbitrage Credit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arbitrage Credit's standard deviation. In reality, there are many statistical measures that can use Arbitrage Credit historical prices to predict the future Arbitrage Credit's volatility.| Risk Adjusted Performance | 0.0327 | |||
| Jensen Alpha | 0.0033 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.90) | |||
| Treynor Ratio | (0.32) |
Arbitrage Credit Backtested Returns
At this stage we consider Arbitrage Mutual Fund to be very steady. Arbitrage Credit secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for The Arbitrage Credit, which you can use to evaluate the volatility of the entity. Please confirm Arbitrage Credit's Risk Adjusted Performance of 0.0327, mean deviation of 0.043, and Downside Deviation of 0.1109 to double-check if the risk estimate we provide is consistent with the expected return of 0.0131%. The fund shows a Beta (market volatility) of -0.0079, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Arbitrage Credit are expected to decrease at a much lower rate. During the bear market, Arbitrage Credit is likely to outperform the market.
Auto-correlation | 0.94 |
Excellent predictability
The Arbitrage Credit has excellent predictability. Overlapping area represents the amount of predictability between Arbitrage Credit time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Arbitrage Credit price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Arbitrage Credit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Arbitrage Credit lagged returns against current returns
Autocorrelation, which is Arbitrage 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 Arbitrage Credit's mutual fund expected returns. We can calculate the autocorrelation of Arbitrage Credit returns to help us make a trade decision. For example, suppose you find that Arbitrage 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 |
Arbitrage 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 Arbitrage Credit mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arbitrage 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 Arbitrage Credit mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Arbitrage Credit Lagged Returns
When evaluating Arbitrage Credit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arbitrage Credit mutual fund have on its future price. Arbitrage 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, Arbitrage Credit autocorrelation shows the relationship between Arbitrage Credit mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Arbitrage Credit.
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 Arbitrage Mutual Fund
Arbitrage Credit financial ratios help investors to determine whether Arbitrage 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 Arbitrage with respect to the benefits of owning Arbitrage Credit security.
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