Rmb Fund I Fund Market Value
| RMBGX Fund | USD 35.53 0.36 1.02% |
| Symbol | Rmb |
Rmb Fund '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 Rmb Fund'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 Rmb Fund.
| 01/11/2023 |
| 12/31/2024 |
If you would invest 0.00 in Rmb Fund on January 11, 2023 and sell it all today you would earn a total of 0.00 from holding Rmb Fund I or generate 0.0% return on investment in Rmb Fund over 720 days. Rmb Fund is related to or competes with Angel Oak, Commodities Strategy, Angel Oak, Black Oak, and Touchstone Sands. The fund pursues its investment objective by investing in a diverse portfolio primarily consisting of common stocks of U... More
Rmb Fund 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 Rmb Fund'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 Rmb Fund I upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 7.98 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 0.9084 |
Rmb Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rmb Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rmb Fund's standard deviation. In reality, there are many statistical measures that can use Rmb Fund historical prices to predict the future Rmb Fund's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.98) |
Rmb Fund I Backtested Returns
Rmb Fund I maintains Sharpe Ratio (i.e., Efficiency) of -0.0587, which implies the entity had a -0.0587% return per unit of risk over the last 3 months. Rmb Fund I exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rmb Fund's Risk Adjusted Performance of (0.05), coefficient of variation of (1,619), and Variance of 1.02 to confirm the risk estimate we provide. The fund holds a Beta of 0.0741, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rmb Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rmb Fund is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Rmb Fund I has good predictability. Overlapping area represents the amount of predictability between Rmb Fund time series from 11th of January 2023 to 6th of January 2024 and 6th of January 2024 to 31st 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 Rmb Fund I price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Rmb Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 2.06 |
Rmb Fund I lagged returns against current returns
Autocorrelation, which is Rmb Fund 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 Rmb Fund's mutual fund expected returns. We can calculate the autocorrelation of Rmb Fund returns to help us make a trade decision. For example, suppose you find that Rmb Fund 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 |
Rmb Fund 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 Rmb Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rmb Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rmb Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rmb Fund Lagged Returns
When evaluating Rmb Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rmb Fund mutual fund have on its future price. Rmb Fund 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, Rmb Fund autocorrelation shows the relationship between Rmb Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rmb Fund I.
Regressed Prices |
| Timeline |
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Other Information on Investing in Rmb Mutual Fund
Rmb Fund financial ratios help investors to determine whether Rmb 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 Rmb with respect to the benefits of owning Rmb Fund security.
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