Balter Invenomic Fund Market Value
| BIVSX Fund | USD 18.15 0.12 0.66% |
| Symbol | Balter |
Balter Invenomic '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 Balter Invenomic'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 Balter Invenomic.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Balter Invenomic on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Balter Invenomic or generate 0.0% return on investment in Balter Invenomic over 90 days. Balter Invenomic is related to or competes with 1919 Financial, Rmb Mendon, John Hancock, Icon Financial, Financials Ultrasector, and Financial Services. The fund invests primarily in both long and short positions in equity securities principally traded in United States mar... More
Balter Invenomic 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 Balter Invenomic'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 Balter Invenomic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8731 | |||
| Information Ratio | 0.1831 | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.89 |
Balter Invenomic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Balter Invenomic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Balter Invenomic's standard deviation. In reality, there are many statistical measures that can use Balter Invenomic historical prices to predict the future Balter Invenomic's volatility.| Risk Adjusted Performance | 0.0844 | |||
| Jensen Alpha | 0.0629 | |||
| Total Risk Alpha | 0.2351 | |||
| Sortino Ratio | 0.2341 | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Balter Invenomic'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.
Balter Invenomic Backtested Returns
At this stage we consider Balter Mutual Fund to be very steady. Balter Invenomic secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the fund had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Balter Invenomic, which you can use to evaluate the volatility of the entity. Please confirm Balter Invenomic's Mean Deviation of 0.7952, risk adjusted performance of 0.0844, and Downside Deviation of 0.8731 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of -0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Balter Invenomic are expected to decrease at a much lower rate. During the bear market, Balter Invenomic is likely to outperform the market.
Auto-correlation | 0.24 |
Weak predictability
Balter Invenomic has weak predictability. Overlapping area represents the amount of predictability between Balter Invenomic time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Balter Invenomic price movement. The serial correlation of 0.24 indicates that over 24.0% of current Balter Invenomic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Balter Invenomic lagged returns against current returns
Autocorrelation, which is Balter Invenomic 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 Balter Invenomic's mutual fund expected returns. We can calculate the autocorrelation of Balter Invenomic returns to help us make a trade decision. For example, suppose you find that Balter Invenomic 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 |
Balter Invenomic 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 Balter Invenomic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Balter Invenomic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Balter Invenomic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Balter Invenomic Lagged Returns
When evaluating Balter Invenomic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Balter Invenomic mutual fund have on its future price. Balter Invenomic 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, Balter Invenomic autocorrelation shows the relationship between Balter Invenomic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Balter Invenomic.
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 Balter Mutual Fund
Balter Invenomic financial ratios help investors to determine whether Balter 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 Balter with respect to the benefits of owning Balter Invenomic security.
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