Redwood Alphafactor Tactical Fund Market Value
| RWIIX Fund | USD 13.87 0.05 0.36% |
| Symbol | Redwood |
Redwood Alphafactor '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 Redwood Alphafactor'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 Redwood Alphafactor.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in Redwood Alphafactor on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Redwood Alphafactor Tactical or generate 0.0% return on investment in Redwood Alphafactor over 90 days. Redwood Alphafactor is related to or competes with Blackrock Short-term, Aqr Long-short, Angel Oak, Blackrock Global, Calvert Short, Siit Ultra, and Fidelity Flex. The Adviser employs an investment approach designed to track the performance of the Advisers proprietary index, the Redw... More
Redwood Alphafactor 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 Redwood Alphafactor'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 Redwood Alphafactor Tactical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7361 | |||
| Information Ratio | 0.2237 | |||
| Maximum Drawdown | 3.67 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.15 |
Redwood Alphafactor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Redwood Alphafactor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Redwood Alphafactor's standard deviation. In reality, there are many statistical measures that can use Redwood Alphafactor historical prices to predict the future Redwood Alphafactor's volatility.| Risk Adjusted Performance | 0.0381 | |||
| Jensen Alpha | 0.0733 | |||
| Total Risk Alpha | 0.1335 | |||
| Sortino Ratio | 0.2112 | |||
| Treynor Ratio | 0.0619 |
Redwood Alphafactor Backtested Returns
At this stage we consider Redwood Mutual Fund to be very steady. Redwood Alphafactor maintains Sharpe Ratio (i.e., Efficiency) of 0.0477, which implies the entity had a 0.0477 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Redwood Alphafactor, which you can use to evaluate the volatility of the fund. Please check Redwood Alphafactor's Semi Deviation of 0.6985, coefficient of variation of 2081.03, and Risk Adjusted Performance of 0.0381 to confirm if the risk estimate we provide is consistent with the expected return of 0.0342%. The fund holds a Beta of 0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Redwood Alphafactor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Redwood Alphafactor is expected to be smaller as well.
Auto-correlation | 0.12 |
Insignificant predictability
Redwood Alphafactor Tactical has insignificant predictability. Overlapping area represents the amount of predictability between Redwood Alphafactor time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 Redwood Alphafactor price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Redwood Alphafactor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Redwood Alphafactor lagged returns against current returns
Autocorrelation, which is Redwood Alphafactor 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 Redwood Alphafactor's mutual fund expected returns. We can calculate the autocorrelation of Redwood Alphafactor returns to help us make a trade decision. For example, suppose you find that Redwood Alphafactor 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 |
Redwood Alphafactor 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 Redwood Alphafactor mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Redwood Alphafactor mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Redwood Alphafactor mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Redwood Alphafactor Lagged Returns
When evaluating Redwood Alphafactor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Redwood Alphafactor mutual fund have on its future price. Redwood Alphafactor 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, Redwood Alphafactor autocorrelation shows the relationship between Redwood Alphafactor mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Redwood Alphafactor Tactical.
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 Redwood Mutual Fund
Redwood Alphafactor financial ratios help investors to determine whether Redwood 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 Redwood with respect to the benefits of owning Redwood Alphafactor security.
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