Kinetics Market Opportunities Fund Market Value
| KMKCX Fund | USD 79.92 0.29 0.36% |
| Symbol | Kinetics |
Kinetics Market '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 Market'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 Market.
| 12/26/2024 |
| 03/26/2025 |
If you would invest 0.00 in Kinetics Market on December 26, 2024 and sell it all today you would earn a total of 0.00 from holding Kinetics Market Opportunities or generate 0.0% return on investment in Kinetics Market over 90 days. Kinetics Market is related to or competes with Fidelity Advisor, Rmb Mendon, Vanguard Financials, 1919 Financial, and Transamerica Financial. The fund is a non-diversified fund that invests all of its investable assets in the Market Opportunities Portfolio, a se... More
Kinetics Market 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 Market'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 Market Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.38 | |||
| Information Ratio | 0.0291 | |||
| Maximum Drawdown | 10.16 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 3.2 |
Kinetics Market Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinetics Market's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinetics Market's standard deviation. In reality, there are many statistical measures that can use Kinetics Market historical prices to predict the future Kinetics Market's volatility.| Risk Adjusted Performance | 0.0357 | |||
| Jensen Alpha | 0.0606 | |||
| Total Risk Alpha | 0.0565 | |||
| Sortino Ratio | 0.0255 | |||
| Treynor Ratio | 0.0643 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kinetics Market'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.
Kinetics Market Oppo Backtested Returns
At this stage we consider Kinetics Mutual Fund to be very steady. Kinetics Market Oppo has Sharpe Ratio of 0.0781, which conveys that the entity had a 0.0781 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Kinetics Market, which you can use to evaluate the volatility of the fund. Please verify Kinetics Market's Mean Deviation of 1.58, downside deviation of 2.38, and Risk Adjusted Performance of 0.0357 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. The fund secures a Beta (Market Risk) of 0.99, which conveys possible diversification benefits within a given portfolio. Kinetics Market returns are very sensitive to returns on the market. As the market goes up or down, Kinetics Market is expected to follow.
Auto-correlation | -0.39 |
Poor reverse predictability
Kinetics Market Opportunities has poor reverse predictability. Overlapping area represents the amount of predictability between Kinetics Market time series from 26th of December 2024 to 9th of February 2025 and 9th of February 2025 to 26th of March 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 Kinetics Market Oppo price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Kinetics Market price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 3.45 |
Kinetics Market Oppo lagged returns against current returns
Autocorrelation, which is Kinetics Market 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 Market's mutual fund expected returns. We can calculate the autocorrelation of Kinetics Market returns to help us make a trade decision. For example, suppose you find that Kinetics Market 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 Market 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 Market mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinetics Market 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 Market mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Kinetics Market Lagged Returns
When evaluating Kinetics Market's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinetics Market mutual fund have on its future price. Kinetics Market 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 Market autocorrelation shows the relationship between Kinetics Market mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Kinetics Market Opportunities.
Regressed Prices |
| Timeline |
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Other Information on Investing in Kinetics Mutual Fund
Kinetics Market 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 Market security.
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