Resq Strategic Income Fund Market Value

RQIAX Fund  USD 7.16  0.07  0.97%   
Resq Strategic's market value is the price at which a share of Resq Strategic trades on a public exchange. It measures the collective expectations of Resq Strategic Income investors about its performance. Resq Strategic is trading at 7.16 as of the 14th of December 2024; that is 0.97 percent down since the beginning of the trading day. The fund's open price was 7.23.
With this module, you can estimate the performance of a buy and hold strategy of Resq Strategic Income and determine expected loss or profit from investing in Resq Strategic over a given investment horizon. Check out Resq Strategic Correlation, Resq Strategic Volatility and Resq Strategic Alpha and Beta module to complement your research on Resq Strategic.
Symbol

Please note, there is a significant difference between Resq Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Resq Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Resq Strategic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Resq Strategic '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 Resq Strategic'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 Resq Strategic.
0.00
06/17/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/14/2024
0.00
If you would invest  0.00  in Resq Strategic on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding Resq Strategic Income or generate 0.0% return on investment in Resq Strategic over 180 days. Resq Strategic is related to or competes with Aqr Large, Dana Large, Pace Large, Americafirst Large, Qs Large, and Jhancock Disciplined. The fund seeks to achieve its investment objective by investing in a portfolio of mutual funds and exchange traded funds... More

Resq Strategic 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 Resq Strategic'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 Resq Strategic Income upside and downside potential and time the market with a certain degree of confidence.

Resq Strategic Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Resq Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Resq Strategic's standard deviation. In reality, there are many statistical measures that can use Resq Strategic historical prices to predict the future Resq Strategic's volatility.
Hype
Prediction
LowEstimatedHigh
6.247.168.08
Details
Intrinsic
Valuation
LowRealHigh
5.806.727.64
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Resq Strategic. Your research has to be compared to or analyzed against Resq Strategic's peers to derive any actionable benefits. When done correctly, Resq Strategic's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Resq Strategic Income.

Resq Strategic Income Backtested Returns

Resq Strategic Income maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the entity had a -0.17% return per unit of risk over the last 3 months. Resq Strategic Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Resq Strategic's Variance of 0.848, risk adjusted performance of (0.1), and Coefficient Of Variation of (712.03) to confirm the risk estimate we provide. The fund holds a Beta of -0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Resq Strategic are expected to decrease at a much lower rate. During the bear market, Resq Strategic is likely to outperform the market.

Auto-correlation

    
  -0.38  

Poor reverse predictability

Resq Strategic Income has poor reverse predictability. Overlapping area represents the amount of predictability between Resq Strategic time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th 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 Resq Strategic Income price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Resq Strategic price fluctuation can be explain by its past prices.
Correlation Coefficient-0.38
Spearman Rank Test-0.54
Residual Average0.0
Price Variance0.04
Resq ReturnsResq Lagged ReturnsDiversified AwayResq ReturnsResq Lagged ReturnsDiversified Away100%

Resq Strategic Income lagged returns against current returns

Autocorrelation, which is Resq Strategic 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 Resq Strategic's mutual fund expected returns. We can calculate the autocorrelation of Resq Strategic returns to help us make a trade decision. For example, suppose you find that Resq Strategic 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   
JavaScript chart by amCharts 3.21.15SepOctNov-10%-8%-6%-4%-2%0%2%4%6% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Resq Strategic 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 Resq Strategic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Resq Strategic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Resq Strategic mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15SepOctNov7.27.37.47.57.67.7
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Resq Strategic Lagged Returns

When evaluating Resq Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Resq Strategic mutual fund have on its future price. Resq Strategic 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, Resq Strategic autocorrelation shows the relationship between Resq Strategic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Resq Strategic Income.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15JulAugSepOctNov7.27.37.47.57.67.77.87.9
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Resq Mutual Fund

Resq Strategic financial ratios help investors to determine whether Resq 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 Resq with respect to the benefits of owning Resq Strategic security.
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