Gotham Enhanced 500 Fund Market Value
| GEFPX Fund | USD 13.86 0.12 0.86% |
| Symbol | Gotham |
Gotham Enhanced '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 Enhanced'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 Enhanced.
| 01/21/2023 |
| 01/10/2025 |
If you would invest 0.00 in Gotham Enhanced on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding Gotham Enhanced 500 or generate 0.0% return on investment in Gotham Enhanced over 720 days. Gotham Enhanced is related to or competes with Gotham Hedged, Gotham Defensive, and Gotham Large. The fund seeks to achieve its investment objective by investing under normal circumstances in long and short positions o... More
Gotham Enhanced 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 Enhanced'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 Enhanced 500 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 16.68 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.1 |
Gotham Enhanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gotham Enhanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gotham Enhanced's standard deviation. In reality, there are many statistical measures that can use Gotham Enhanced historical prices to predict the future Gotham Enhanced's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.6545 |
Gotham Enhanced 500 Backtested Returns
Gotham Enhanced 500 holds Efficiency (Sharpe) Ratio of -0.0965, which attests that the entity had a -0.0965% return per unit of risk over the last 3 months. Gotham Enhanced 500 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gotham Enhanced's Market Risk Adjusted Performance of 0.6645, risk adjusted performance of (0.05), and Standard Deviation of 1.85 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gotham Enhanced are expected to decrease at a much lower rate. During the bear market, Gotham Enhanced is likely to outperform the market.
Auto-correlation | 0.68 |
Good predictability
Gotham Enhanced 500 has good predictability. Overlapping area represents the amount of predictability between Gotham Enhanced time series from 21st of January 2023 to 16th of January 2024 and 16th of January 2024 to 10th 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 Enhanced 500 price movement. The serial correlation of 0.68 indicates that around 68.0% of current Gotham Enhanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.74 |
Gotham Enhanced 500 lagged returns against current returns
Autocorrelation, which is Gotham Enhanced 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 Enhanced's mutual fund expected returns. We can calculate the autocorrelation of Gotham Enhanced returns to help us make a trade decision. For example, suppose you find that Gotham Enhanced 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 Enhanced 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 Enhanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gotham Enhanced 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 Enhanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Gotham Enhanced Lagged Returns
When evaluating Gotham Enhanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gotham Enhanced mutual fund have on its future price. Gotham Enhanced 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 Enhanced autocorrelation shows the relationship between Gotham Enhanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Gotham Enhanced 500.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Gotham Mutual Fund
Gotham Enhanced 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 Enhanced security.
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