Special Opportunities Closed Fund Market Value
| SPE Fund | USD 15.09 0.21 1.41% |
| Symbol | Special |
Special Opportunities '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 Special Opportunities' 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 Special Opportunities.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Special Opportunities on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Special Opportunities Closed or generate 0.0% return on investment in Special Opportunities over 90 days. Special Opportunities is related to or competes with Ares Dynamic, Lazard Global, Principal Real, and Tortoise Capital. Special Opportunities Fund, Inc. is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC More
Special Opportunities 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 Special Opportunities' 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 Special Opportunities Closed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1547 | |||
| Maximum Drawdown | 3.46 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.03 |
Special Opportunities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Special Opportunities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Special Opportunities' standard deviation. In reality, there are many statistical measures that can use Special Opportunities historical prices to predict the future Special Opportunities' volatility.| Risk Adjusted Performance | (0.0004) | |||
| Jensen Alpha | 0.0534 | |||
| Total Risk Alpha | 0.133 | |||
| Treynor Ratio | (0.02) |
Special Opportunities Backtested Returns
At this point, Special Opportunities is very steady. Special Opportunities owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the fund had a close to zero % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Special Opportunities Closed, which you can use to evaluate the volatility of the fund. Please validate Special Opportunities' Risk Adjusted Performance of (0.0004), variance of 0.7253, and Coefficient Of Variation of (179,085) to confirm if the risk estimate we provide is consistent with the expected return of 0.0083%. The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Special Opportunities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Special Opportunities is expected to be smaller as well.
Auto-correlation | -0.51 |
Good reverse predictability
Special Opportunities Closed has good reverse predictability. Overlapping area represents the amount of predictability between Special Opportunities time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Special Opportunities price movement. The serial correlation of -0.51 indicates that about 51.0% of current Special Opportunities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Special Opportunities lagged returns against current returns
Autocorrelation, which is Special Opportunities 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 Special Opportunities' fund expected returns. We can calculate the autocorrelation of Special Opportunities returns to help us make a trade decision. For example, suppose you find that Special Opportunities has exhibited high autocorrelation historically, and you observe that the 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 |
Special Opportunities 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 Special Opportunities fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Special Opportunities fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Special Opportunities fund over time.
Current vs Lagged Prices |
| Timeline |
Special Opportunities Lagged Returns
When evaluating Special Opportunities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Special Opportunities fund have on its future price. Special Opportunities 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, Special Opportunities autocorrelation shows the relationship between Special Opportunities fund current value and its past values and can show if there is a momentum factor associated with investing in Special Opportunities Closed.
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 Special Fund
Special Opportunities financial ratios help investors to determine whether Special 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 Special with respect to the benefits of owning Special Opportunities security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |