Inverse Sp 500 Fund Market Value
| RYCBX Fund | USD 18.21 0.19 1.03% |
| Symbol | INVERSE |
Inverse Sp '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 Inverse Sp'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 Inverse Sp.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Inverse Sp on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Inverse Sp 500 or generate 0.0% return on investment in Inverse Sp over 690 days. Inverse Sp is related to or competes with American Century, Dunham High, Gmo High, Prudential Short, Mesirow Financial, and Multi-manager High. The fund employs as its investment strategy a program of engaging in short sales of securities generally included in the... More
Inverse Sp 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 Inverse Sp'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 Inverse Sp 500 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 9.25 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 2.73 |
Inverse Sp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inverse Sp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inverse Sp's standard deviation. In reality, there are many statistical measures that can use Inverse Sp historical prices to predict the future Inverse Sp's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | 0.0201 | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.1033 |
Inverse Sp 500 Backtested Returns
Inverse Sp 500 holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Inverse Sp 500 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inverse Sp's Market Risk Adjusted Performance of 0.1133, risk adjusted performance of (0.08), and Standard Deviation of 1.53 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -1.66, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Inverse Sp are expected to decrease by larger amounts. On the other hand, during market turmoil, Inverse Sp is expected to outperform it.
Auto-correlation | 0.74 |
Good predictability
Inverse Sp 500 has good predictability. Overlapping area represents the amount of predictability between Inverse Sp time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th of November 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 Inverse Sp 500 price movement. The serial correlation of 0.74 indicates that around 74.0% of current Inverse Sp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 6.8 |
Inverse Sp 500 lagged returns against current returns
Autocorrelation, which is Inverse Sp 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 Inverse Sp's mutual fund expected returns. We can calculate the autocorrelation of Inverse Sp returns to help us make a trade decision. For example, suppose you find that Inverse Sp 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 |
Inverse Sp 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 Inverse Sp mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inverse Sp mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inverse Sp mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Inverse Sp Lagged Returns
When evaluating Inverse Sp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inverse Sp mutual fund have on its future price. Inverse Sp 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, Inverse Sp autocorrelation shows the relationship between Inverse Sp mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Inverse Sp 500.
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 INVERSE Mutual Fund
Inverse Sp financial ratios help investors to determine whether INVERSE 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 INVERSE with respect to the benefits of owning Inverse Sp security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |