Tax Managed Mid Small Fund Market Value
| RTSAX Fund | USD 39.26 0.12 0.31% |
| Symbol | Tax |
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.
| 01/13/2023 |
| 01/02/2025 |
If you would invest 0.00 in Tax Managed on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding Tax Managed Mid Small or generate 0.0% return on investment in Tax Managed over 720 days. Tax Managed is related to or competes with Royce Opportunity, Queens Road, Small Cap, Valic Company, Fidelity Small, Vanguard Small-cap, and Ab Small. 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 Mid Small upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.37 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.69 |
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 | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.13) |
Tax Managed Mid Backtested Returns
Tax Managed Mid owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.017, which indicates the fund had a -0.017% return per unit of risk over the last 3 months. Tax Managed Mid Small exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tax Managed's Variance of 1.36, coefficient of variation of (4,526), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tax Managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tax Managed is expected to be smaller as well.
Auto-correlation | -0.02 |
Very weak reverse predictability
Tax Managed Mid Small has very weak reverse predictability. Overlapping area represents the amount of predictability between Tax Managed time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd of January 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 Mid price movement. The serial correlation of -0.02 indicates that only 2.0% of current Tax Managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 3.17 |
Tax Managed Mid 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 Mid Small.
Regressed Prices |
| Timeline |
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Other Information on Investing in Tax Mutual Fund
Tax Managed financial ratios help investors to determine whether Tax 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 with respect to the benefits of owning Tax Managed security.
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