Equinox Campbell Strategy Fund Market Value
| EBSCX Fund | USD 8.96 0.02 0.22% |
| Symbol | Equinox |
Equinox Campbell '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 Equinox Campbell'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 Equinox Campbell.
| 10/24/2024 |
| 12/23/2024 |
If you would invest 0.00 in Equinox Campbell on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Equinox Campbell Strategy or generate 0.0% return on investment in Equinox Campbell over 60 days. Equinox Campbell is related to or competes with Ppm High, Needham Aggressive, Western Asset, Siit High, Ab Global, Lgm Risk, and Ab High. The fund pursues its investment objective by investing its assets pursuant to the Campbell Systematic Macro Program allo... More
Equinox Campbell 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 Equinox Campbell'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 Equinox Campbell Strategy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.63 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.03 |
Equinox Campbell Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equinox Campbell's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equinox Campbell's standard deviation. In reality, there are many statistical measures that can use Equinox Campbell historical prices to predict the future Equinox Campbell's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.10) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Equinox Campbell'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.
Equinox Campbell Strategy Backtested Returns
Equinox Campbell Strategy secures Sharpe Ratio (or Efficiency) of -0.0456, which denotes the fund had a -0.0456% return per unit of risk over the last 3 months. Equinox Campbell Strategy exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Equinox Campbell's Mean Deviation of 0.5138, variance of 0.4949, and Standard Deviation of 0.7035 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, Equinox Campbell's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equinox Campbell is expected to be smaller as well.
Auto-correlation | 0.38 |
Below average predictability
Equinox Campbell Strategy has below average predictability. Overlapping area represents the amount of predictability between Equinox Campbell time series from 24th of October 2024 to 23rd of November 2024 and 23rd of November 2024 to 23rd 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 Equinox Campbell Strategy price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Equinox Campbell price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Equinox Campbell Strategy lagged returns against current returns
Autocorrelation, which is Equinox Campbell 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 Equinox Campbell's mutual fund expected returns. We can calculate the autocorrelation of Equinox Campbell returns to help us make a trade decision. For example, suppose you find that Equinox Campbell 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 |
Equinox Campbell 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 Equinox Campbell mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equinox Campbell mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equinox Campbell mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Equinox Campbell Lagged Returns
When evaluating Equinox Campbell's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equinox Campbell mutual fund have on its future price. Equinox Campbell 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, Equinox Campbell autocorrelation shows the relationship between Equinox Campbell mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Equinox Campbell Strategy.
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 Equinox Mutual Fund
Equinox Campbell financial ratios help investors to determine whether Equinox 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 Equinox with respect to the benefits of owning Equinox Campbell security.
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