Roumell Opportunistic Value Fund Market Value
| RAMSX Fund | USD 4.89 0.00 0.00% |
| Symbol | Roumell |
Roumell Opportunistic '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 Roumell Opportunistic'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 Roumell Opportunistic.
| 01/20/2023 |
| 01/09/2025 |
If you would invest 0.00 in Roumell Opportunistic on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding Roumell Opportunistic Value or generate 0.0% return on investment in Roumell Opportunistic over 720 days. Roumell Opportunistic is related to or competes with Fidelity Convertible, Victory Incore, Virtus Convertible, Gabelli Convertible, and Calamos Convertible. The funds portfolio will primarily consist of domestic and foreign equity securities domestic and foreign fixed income s... More
Roumell Opportunistic 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 Roumell Opportunistic'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 Roumell Opportunistic Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4751 | |||
| Information Ratio | 0.0266 | |||
| Maximum Drawdown | 2.48 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.8214 |
Roumell Opportunistic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roumell Opportunistic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roumell Opportunistic's standard deviation. In reality, there are many statistical measures that can use Roumell Opportunistic historical prices to predict the future Roumell Opportunistic's volatility.| Risk Adjusted Performance | 0.0302 | |||
| Jensen Alpha | 0.0094 | |||
| Total Risk Alpha | 0.0097 | |||
| Sortino Ratio | 0.0209 | |||
| Treynor Ratio | 0.4139 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Roumell Opportunistic'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.
Roumell Opportunistic Backtested Returns
At this stage we consider Roumell Mutual Fund to be very steady. Roumell Opportunistic maintains Sharpe Ratio (i.e., Efficiency) of 0.0122, which implies the entity had a 0.0122% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Roumell Opportunistic, which you can use to evaluate the volatility of the fund. Please check Roumell Opportunistic's Semi Deviation of 0.2129, risk adjusted performance of 0.0302, and Coefficient Of Variation of 1930.59 to confirm if the risk estimate we provide is consistent with the expected return of 0.0038%. The fund holds a Beta of 0.0227, which implies not very significant fluctuations relative to the market. As returns on the market increase, Roumell Opportunistic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roumell Opportunistic is expected to be smaller as well.
Auto-correlation | 0.44 |
Average predictability
Roumell Opportunistic Value has average predictability. Overlapping area represents the amount of predictability between Roumell Opportunistic time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th 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 Roumell Opportunistic price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Roumell Opportunistic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Roumell Opportunistic lagged returns against current returns
Autocorrelation, which is Roumell Opportunistic 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 Roumell Opportunistic's mutual fund expected returns. We can calculate the autocorrelation of Roumell Opportunistic returns to help us make a trade decision. For example, suppose you find that Roumell Opportunistic 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 |
Roumell Opportunistic 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 Roumell Opportunistic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roumell Opportunistic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roumell Opportunistic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Roumell Opportunistic Lagged Returns
When evaluating Roumell Opportunistic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roumell Opportunistic mutual fund have on its future price. Roumell Opportunistic 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, Roumell Opportunistic autocorrelation shows the relationship between Roumell Opportunistic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Roumell Opportunistic Value.
Regressed Prices |
| Timeline |
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Other Information on Investing in Roumell Mutual Fund
Roumell Opportunistic financial ratios help investors to determine whether Roumell 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 Roumell with respect to the benefits of owning Roumell Opportunistic security.
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