Tax Managed Large Cap Fund Market Value
| RETSX Fund | USD 79.20 1.69 2.09% |
| Symbol | Tax-managed |
Tax-managed '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 Tax-managed'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 Tax-managed.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Tax-managed on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Tax Managed Large Cap or generate 0.0% return on investment in Tax-managed over 90 days. Tax-managed is related to or competes with Investec Emerging, T Rowe, Shelton Emerging, Franklin Emerging, Aqr Risk-balanced, and Commodities Strategy. The fund has a non-fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net... More
Tax-managed 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 Tax-managed'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 Tax Managed Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.34 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 1.18 |
Tax-managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tax-managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tax-managed's standard deviation. In reality, there are many statistical measures that can use Tax-managed historical prices to predict the future Tax-managed's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.8246 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tax-managed'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.
Tax Managed Large Backtested Returns
Tax Managed Large owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the fund had a -0.15 % return per unit of risk over the last 3 months. Tax Managed Large Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tax-managed's Coefficient Of Variation of (605.95), variance of 0.8579, and Risk Adjusted Performance of (0.14) to confirm the risk estimate we provide. The entity has a beta of -0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tax-managed are expected to decrease at a much lower rate. During the bear market, Tax-managed is likely to outperform the market.
Auto-correlation | -0.57 |
Good reverse predictability
Tax Managed Large Cap has good reverse predictability. Overlapping area represents the amount of predictability between Tax-managed time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Tax Managed Large price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Tax-managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 4.5 |
Tax Managed Large lagged returns against current returns
Autocorrelation, which is Tax-managed 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 Tax-managed's mutual fund expected returns. We can calculate the autocorrelation of Tax-managed returns to help us make a trade decision. For example, suppose you find that Tax-managed 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 |
Tax-managed 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 Tax-managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tax-managed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tax-managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tax-managed Lagged Returns
When evaluating Tax-managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tax-managed mutual fund have on its future price. Tax-managed 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, Tax-managed autocorrelation shows the relationship between Tax-managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tax Managed Large Cap.
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 Tax-managed Mutual Fund
Tax-managed financial ratios help investors to determine whether Tax-managed 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 Tax-managed with respect to the benefits of owning Tax-managed security.
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