Inverse Mid Cap Strategy Fund Market Value
| RYCLX Fund | USD 32.48 0.10 0.31% |
| Symbol | Inverse |
Inverse Mid '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 Mid'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 Mid.
| 12/03/2023 |
| 12/27/2024 |
If you would invest 0.00 in Inverse Mid on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Inverse Mid Cap Strategy or generate 0.0% return on investment in Inverse Mid over 390 days. Inverse Mid is related to or competes with Basic Materials, Basic Materials, Banking Fund, Basic Materials, Sp Midcap, Basic Materials, and Biotechnology Fund. The fund will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in financial in... More
Inverse Mid 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 Mid'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 Mid Cap Strategy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 45.99 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.2 |
Inverse Mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inverse Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inverse Mid's standard deviation. In reality, there are many statistical measures that can use Inverse Mid historical prices to predict the future Inverse Mid's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.26) |
Inverse Mid Cap Backtested Returns
Inverse Mid Cap holds Efficiency (Sharpe) Ratio of -0.0527, which attests that the entity had a -0.0527% return per unit of risk over the last 3 months. Inverse Mid Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inverse Mid's Standard Deviation of 4.93, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.25) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 1.0, which attests to possible diversification benefits within a given portfolio. Inverse Mid returns are very sensitive to returns on the market. As the market goes up or down, Inverse Mid is expected to follow.
Auto-correlation | 0.35 |
Below average predictability
Inverse Mid Cap Strategy has below average predictability. Overlapping area represents the amount of predictability between Inverse Mid time series from 3rd of December 2023 to 15th of June 2024 and 15th of June 2024 to 27th 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 Inverse Mid Cap price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Inverse Mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 8.11 |
Inverse Mid Cap lagged returns against current returns
Autocorrelation, which is Inverse Mid 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 Mid's mutual fund expected returns. We can calculate the autocorrelation of Inverse Mid returns to help us make a trade decision. For example, suppose you find that Inverse Mid 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 Mid 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 Mid mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inverse Mid 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 Mid mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Inverse Mid Lagged Returns
When evaluating Inverse Mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inverse Mid mutual fund have on its future price. Inverse Mid 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 Mid autocorrelation shows the relationship between Inverse Mid mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Inverse Mid Cap Strategy.
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 Mid 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 Mid security.
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