International Developed Markets Fund Market Value
| RNTTX Fund | USD 44.72 0.63 1.43% |
| Symbol | International |
International Developed '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 International Developed'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 International Developed.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in International Developed on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding International Developed Markets or generate 0.0% return on investment in International Developed over 90 days. International Developed is related to or competes with Qs Defensive, Mid Cap, Upright Growth, L Abbett, Morningstar Growth, Tfa Alphagen, and Pnc International. The fund has a non-fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net... More
International Developed 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 International Developed'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 International Developed Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8331 | |||
| Information Ratio | 0.196 | |||
| Maximum Drawdown | 4.6 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 1.35 |
International Developed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Developed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Developed's standard deviation. In reality, there are many statistical measures that can use International Developed historical prices to predict the future International Developed's volatility.| Risk Adjusted Performance | 0.0651 | |||
| Jensen Alpha | 0.109 | |||
| Total Risk Alpha | 0.155 | |||
| Sortino Ratio | 0.1934 | |||
| Treynor Ratio | 0.0997 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International Developed'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.
International Developed Backtested Returns
At this stage we consider International Mutual Fund to be very steady. International Developed holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for International Developed, which you can use to evaluate the volatility of the entity. Please check out International Developed's Market Risk Adjusted Performance of 0.1097, risk adjusted performance of 0.0651, and Downside Deviation of 0.8331 to validate if the risk estimate we provide is consistent with the expected return of 0.0982%. The fund retains a Market Volatility (i.e., Beta) of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, International Developed's returns are expected to increase less than the market. However, during the bear market, the loss of holding International Developed is expected to be smaller as well.
Auto-correlation | 0.44 |
Average predictability
International Developed Markets has average predictability. Overlapping area represents the amount of predictability between International Developed time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 International Developed price movement. The serial correlation of 0.44 indicates that just about 44.0% of current International Developed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
International Developed lagged returns against current returns
Autocorrelation, which is International Developed 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 International Developed's mutual fund expected returns. We can calculate the autocorrelation of International Developed returns to help us make a trade decision. For example, suppose you find that International Developed 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 |
International Developed 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 International Developed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Developed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Developed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
International Developed Lagged Returns
When evaluating International Developed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Developed mutual fund have on its future price. International Developed 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, International Developed autocorrelation shows the relationship between International Developed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in International Developed Markets.
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 International Mutual Fund
International Developed financial ratios help investors to determine whether International 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 International with respect to the benefits of owning International Developed security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |