Rational Dividend Capture Fund Market Value
| HDCTX Fund | USD 9.77 0.00 0.00% |
| Symbol | Rational |
Rational Dividend '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 Rational Dividend'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 Rational Dividend.
| 06/12/2023 |
| 12/03/2024 |
If you would invest 0.00 in Rational Dividend on June 12, 2023 and sell it all today you would earn a total of 0.00 from holding Rational Dividend Capture or generate 0.0% return on investment in Rational Dividend over 540 days. Rational Dividend is related to or competes with T Rowe, Gmo High, Gmo High, Blackrock High, and Siit High. The fund will invest at least 80 percent of its net assets, plus the amount of borrowings for investment purposes, in eq... More
Rational Dividend 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 Rational Dividend'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 Rational Dividend Capture upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8151 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 3.12 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 1.07 |
Rational Dividend Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rational Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rational Dividend's standard deviation. In reality, there are many statistical measures that can use Rational Dividend historical prices to predict the future Rational Dividend's volatility.| Risk Adjusted Performance | 0.12 | |||
| Jensen Alpha | 0.0968 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (1.44) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rational Dividend'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.
Rational Dividend Capture Backtested Returns
At this stage we consider Rational Mutual Fund to be very steady. Rational Dividend Capture maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Rational Dividend Capture, which you can use to evaluate the volatility of the fund. Please check Rational Dividend's Semi Deviation of 0.5753, coefficient of variation of 624.9, and Risk Adjusted Performance of 0.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The fund holds a Beta of -0.0624, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rational Dividend are expected to decrease at a much lower rate. During the bear market, Rational Dividend is likely to outperform the market.
Auto-correlation | 0.71 |
Good predictability
Rational Dividend Capture has good predictability. Overlapping area represents the amount of predictability between Rational Dividend time series from 12th of June 2023 to 8th of March 2024 and 8th of March 2024 to 3rd 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 Rational Dividend Capture price movement. The serial correlation of 0.71 indicates that around 71.0% of current Rational Dividend price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Rational Dividend Capture lagged returns against current returns
Autocorrelation, which is Rational Dividend 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 Rational Dividend's mutual fund expected returns. We can calculate the autocorrelation of Rational Dividend returns to help us make a trade decision. For example, suppose you find that Rational Dividend 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 |
Rational Dividend 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 Rational Dividend mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rational Dividend mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rational Dividend mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rational Dividend Lagged Returns
When evaluating Rational Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rational Dividend mutual fund have on its future price. Rational Dividend 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, Rational Dividend autocorrelation shows the relationship between Rational Dividend mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rational Dividend Capture.
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 Rational Mutual Fund
Rational Dividend financial ratios help investors to determine whether Rational 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 Rational with respect to the benefits of owning Rational Dividend security.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |