Astor Macro Alternative Fund Market Value
| GBLMX Fund | USD 9.09 0.00 0.00% |
| Symbol | Astor |
Astor Macro '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 Astor Macro'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 Astor Macro.
| 10/16/2024 |
| 12/15/2024 |
If you would invest 0.00 in Astor Macro on October 16, 2024 and sell it all today you would earn a total of 0.00 from holding Astor Macro Alternative or generate 0.0% return on investment in Astor Macro over 60 days. Astor Macro is related to or competes with Astor Longshort, Grant Park, Catalystmillburn, Rational Dynamic, and Performance Trust. The adviser utilizes multiple quantitative strategies implemented over a broad variety of asset classes and countries in... More
Astor Macro 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 Astor Macro'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 Astor Macro Alternative upside and downside potential and time the market with a certain degree of confidence.
Astor Macro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astor Macro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Astor Macro's standard deviation. In reality, there are many statistical measures that can use Astor Macro historical prices to predict the future Astor Macro's volatility.Astor Macro Alternative Backtested Returns
We have found three technical indicators for Astor Macro Alternative, which you can use to evaluate the volatility of the entity. The fund shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Astor Macro are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Astor Macro Alternative has no correlation between past and present. Overlapping area represents the amount of predictability between Astor Macro time series from 16th of October 2024 to 15th of November 2024 and 15th of November 2024 to 15th 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 Astor Macro Alternative price movement. The serial correlation of 0.0 indicates that just 0.0% of current Astor Macro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Astor Macro Alternative lagged returns against current returns
Autocorrelation, which is Astor Macro 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 Astor Macro's mutual fund expected returns. We can calculate the autocorrelation of Astor Macro returns to help us make a trade decision. For example, suppose you find that Astor Macro 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 |
Astor Macro 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 Astor Macro mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Astor Macro mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Astor Macro mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Astor Macro Lagged Returns
When evaluating Astor Macro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Astor Macro mutual fund have on its future price. Astor Macro 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, Astor Macro autocorrelation shows the relationship between Astor Macro mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Astor Macro Alternative.
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 Astor Mutual Fund
Astor Macro financial ratios help investors to determine whether Astor 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 Astor with respect to the benefits of owning Astor Macro security.
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