Kinetics Multi Disciplinary Income Fund Market Value
| KMDNX Fund | USD 10.05 0.01 0.1% |
| Symbol | Kinetics |
Kinetics Multi '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 Kinetics Multi'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 Kinetics Multi.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Kinetics Multi on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Kinetics Multi Disciplinary Income or generate 0.0% return on investment in Kinetics Multi over 360 days. Kinetics Multi is related to or competes with Kinetics Market, Kinetics Small, Kinetics Global, Kinetics Paradigm, and Doubleline Emerging. The fund is a diversified fund that invests all of its investable assets in the Multi-Disciplinary Income Portfolio, a s... More
Kinetics Multi 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 Kinetics Multi'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 Kinetics Multi Disciplinary Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (2.35) | |||
| Maximum Drawdown | 0.1996 | |||
| Potential Upside | 0.101 |
Kinetics Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinetics Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinetics Multi's standard deviation. In reality, there are many statistical measures that can use Kinetics Multi historical prices to predict the future Kinetics Multi's volatility.| Risk Adjusted Performance | 0.2648 | |||
| Jensen Alpha | 0.0153 | |||
| Total Risk Alpha | 0.0079 | |||
| Treynor Ratio | 3.61 |
Kinetics Multi Disci Backtested Returns
At this stage we consider Kinetics Mutual Fund to be very steady. Kinetics Multi Disci has Sharpe Ratio of 0.53, which conveys that the entity had a 0.53% return per unit of risk over the last 3 months. We have found twenty technical indicators for Kinetics Multi, which you can use to evaluate the volatility of the fund. Please verify Kinetics Multi's Standard Deviation of 0.0476, risk adjusted performance of 0.2648, and Mean Deviation of 0.0392 to check out if the risk estimate we provide is consistent with the expected return of 0.0251%. The fund secures a Beta (Market Risk) of 0.0044, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kinetics Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kinetics Multi is expected to be smaller as well.
Auto-correlation | 0.99 |
Perfect predictability
Kinetics Multi Disciplinary Income has perfect predictability. Overlapping area represents the amount of predictability between Kinetics Multi time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 Kinetics Multi Disci price movement. The serial correlation of 0.99 indicates that 99.0% of current Kinetics Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.99 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Kinetics Multi Disci lagged returns against current returns
Autocorrelation, which is Kinetics Multi 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 Kinetics Multi's mutual fund expected returns. We can calculate the autocorrelation of Kinetics Multi returns to help us make a trade decision. For example, suppose you find that Kinetics Multi 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 |
Kinetics Multi 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 Kinetics Multi mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinetics Multi mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinetics Multi mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Kinetics Multi Lagged Returns
When evaluating Kinetics Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinetics Multi mutual fund have on its future price. Kinetics Multi 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, Kinetics Multi autocorrelation shows the relationship between Kinetics Multi mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Kinetics Multi Disciplinary Income.
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 Kinetics Mutual Fund
Kinetics Multi financial ratios help investors to determine whether Kinetics 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 Kinetics with respect to the benefits of owning Kinetics Multi security.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |