The Arbitrage Event Driven Fund Market Value
| AGEAX Fund | USD 11.97 0.04 0.33% |
| Symbol | Arbitrage |
Arbitrage Event '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 Event'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 Event.
| 03/09/2024 |
| 03/04/2025 |
If you would invest 0.00 in Arbitrage Event on March 9, 2024 and sell it all today you would earn a total of 0.00 from holding The Arbitrage Event Driven or generate 0.0% return on investment in Arbitrage Event over 360 days. Arbitrage Event is related to or competes with Transam Short-term, Ashmore Emerging, Delaware Investments, Virtus Multi-sector, Alpine Ultra, and Angel Oak. The fund invests in equity and debt and debt-like instruments of companies whose prices the funds investment adviser bel... More
Arbitrage Event 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 Event'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 Event Driven upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2487 | |||
| Information Ratio | 0.4413 | |||
| Maximum Drawdown | 0.7665 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.3342 |
Arbitrage Event Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arbitrage Event's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arbitrage Event's standard deviation. In reality, there are many statistical measures that can use Arbitrage Event historical prices to predict the future Arbitrage Event's volatility.| Risk Adjusted Performance | 0.1021 | |||
| Jensen Alpha | 0.0277 | |||
| Total Risk Alpha | 0.0389 | |||
| Sortino Ratio | 0.3375 | |||
| Treynor Ratio | 0.3351 |
Arbitrage Event Backtested Returns
At this stage we consider Arbitrage Mutual Fund to be very steady. Arbitrage Event secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the fund had a 0.21 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for The Arbitrage Event Driven, which you can use to evaluate the volatility of the entity. Please confirm Arbitrage Event's Semi Deviation of 0.0504, mean deviation of 0.1469, and Risk Adjusted Performance of 0.1021 to double-check if the risk estimate we provide is consistent with the expected return of 0.0368%. The fund shows a Beta (market volatility) of 0.07, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Arbitrage Event's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arbitrage Event is expected to be smaller as well.
Auto-correlation | 0.76 |
Good predictability
The Arbitrage Event Driven has good predictability. Overlapping area represents the amount of predictability between Arbitrage Event time series from 9th of March 2024 to 5th of September 2024 and 5th of September 2024 to 4th of March 2025. 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 Event price movement. The serial correlation of 0.76 indicates that around 76.0% of current Arbitrage Event price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Arbitrage Event lagged returns against current returns
Autocorrelation, which is Arbitrage Event 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 Event's mutual fund expected returns. We can calculate the autocorrelation of Arbitrage Event returns to help us make a trade decision. For example, suppose you find that Arbitrage Event 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 Event 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 Event mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arbitrage Event 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 Event mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Arbitrage Event Lagged Returns
When evaluating Arbitrage Event's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arbitrage Event mutual fund have on its future price. Arbitrage Event 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 Event autocorrelation shows the relationship between Arbitrage Event mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Arbitrage Event Driven.
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 Event 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 Event security.
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