Gotham Defensive Long Fund Market Value
| GDLFX Fund | USD 18.86 0.11 0.59% |
| Symbol | GOTHAM |
Gotham Defensive '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 Gotham Defensive'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 Gotham Defensive.
| 12/26/2024 |
| 01/25/2025 |
If you would invest 0.00 in Gotham Defensive on December 26, 2024 and sell it all today you would earn a total of 0.00 from holding Gotham Defensive Long or generate 0.0% return on investment in Gotham Defensive over 30 days. Gotham Defensive is related to or competes with Locorr Market, Calvert Developed, Aqr Sustainable, Inverse Emerging, Alphacentric Hedged, Sp Midcap, and Prudential Emerging. The fund seeks to achieve its investment objective by investing under normal circumstances in long and short positions o... More
Gotham Defensive 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 Gotham Defensive'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 Gotham Defensive Long upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9278 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.6 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.03 |
Gotham Defensive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gotham Defensive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gotham Defensive's standard deviation. In reality, there are many statistical measures that can use Gotham Defensive historical prices to predict the future Gotham Defensive's volatility.| Risk Adjusted Performance | 0.0011 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.07) |
Gotham Defensive Long Backtested Returns
At this stage we consider GOTHAM Mutual Fund to be very steady. Gotham Defensive Long holds Efficiency (Sharpe) Ratio of 0.0629, which attests that the entity had a 0.0629 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Gotham Defensive Long, which you can use to evaluate the volatility of the entity. Please check out Gotham Defensive's Downside Deviation of 0.9278, market risk adjusted performance of (0.06), and Risk Adjusted Performance of 0.0011 to validate if the risk estimate we provide is consistent with the expected return of 0.0518%. The fund retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gotham Defensive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gotham Defensive is expected to be smaller as well.
Auto-correlation | -0.01 |
Very weak reverse predictability
Gotham Defensive Long has very weak reverse predictability. Overlapping area represents the amount of predictability between Gotham Defensive time series from 26th of December 2024 to 10th of January 2025 and 10th of January 2025 to 25th of January 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 Gotham Defensive Long price movement. The serial correlation of -0.01 indicates that just 1.0% of current Gotham Defensive price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Gotham Defensive Long lagged returns against current returns
Autocorrelation, which is Gotham Defensive 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 Gotham Defensive's mutual fund expected returns. We can calculate the autocorrelation of Gotham Defensive returns to help us make a trade decision. For example, suppose you find that Gotham Defensive 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 |
Gotham Defensive 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 Gotham Defensive mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gotham Defensive mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gotham Defensive mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gotham Defensive Lagged Returns
When evaluating Gotham Defensive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gotham Defensive mutual fund have on its future price. Gotham Defensive 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, Gotham Defensive autocorrelation shows the relationship between Gotham Defensive mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gotham Defensive Long.
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 GOTHAM Mutual Fund
Gotham Defensive financial ratios help investors to determine whether GOTHAM 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 GOTHAM with respect to the benefits of owning Gotham Defensive security.
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