Monthly Rebalance Nasdaq 100 Fund Market Value
| RMQAX Fund | USD 443.31 22.69 5.39% |
| Symbol | Monthly |
Monthly Rebalance '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 Monthly Rebalance'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 Monthly Rebalance.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Monthly Rebalance on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Monthly Rebalance Nasdaq 100 or generate 0.0% return on investment in Monthly Rebalance over 90 days. Monthly Rebalance is related to or competes with Shelton Emerging, Ab Bond, Dodge Cox, Aqr Risk-balanced, Doubleline Emerging, Eagle Mlp, and Pace International. The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in securities of co... More
Monthly Rebalance 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 Monthly Rebalance'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 Monthly Rebalance Nasdaq 100 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 21.67 | |||
| Value At Risk | (5.76) | |||
| Potential Upside | 3.34 |
Monthly Rebalance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monthly Rebalance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monthly Rebalance's standard deviation. In reality, there are many statistical measures that can use Monthly Rebalance historical prices to predict the future Monthly Rebalance's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.21) |
Monthly Rebalance Backtested Returns
Monthly Rebalance has Sharpe Ratio of -0.18, which conveys that the entity had a -0.18 % return per unit of risk over the last 3 months. Monthly Rebalance exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Monthly Rebalance's Standard Deviation of 3.52, risk adjusted performance of (0.13), and Mean Deviation of 2.38 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 2.74, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Monthly Rebalance will likely underperform.
Auto-correlation | -0.03 |
Very weak reverse predictability
Monthly Rebalance Nasdaq 100 has very weak reverse predictability. Overlapping area represents the amount of predictability between Monthly Rebalance 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 Monthly Rebalance price movement. The serial correlation of -0.03 indicates that only 3.0% of current Monthly Rebalance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 1438.82 |
Monthly Rebalance lagged returns against current returns
Autocorrelation, which is Monthly Rebalance 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 Monthly Rebalance's mutual fund expected returns. We can calculate the autocorrelation of Monthly Rebalance returns to help us make a trade decision. For example, suppose you find that Monthly Rebalance 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 |
Monthly Rebalance 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 Monthly Rebalance mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monthly Rebalance mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monthly Rebalance mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Monthly Rebalance Lagged Returns
When evaluating Monthly Rebalance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monthly Rebalance mutual fund have on its future price. Monthly Rebalance 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, Monthly Rebalance autocorrelation shows the relationship between Monthly Rebalance mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Monthly Rebalance Nasdaq 100.
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 Monthly Mutual Fund
Monthly Rebalance financial ratios help investors to determine whether Monthly 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 Monthly with respect to the benefits of owning Monthly Rebalance security.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |