Tactical Growth Allocation Fund Market Value
| TFAFX Fund | USD 11.91 0.04 0.33% |
| Symbol | Tactical |
Tactical Growth '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 Tactical Growth'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 Tactical Growth.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Tactical Growth on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Tactical Growth Allocation or generate 0.0% return on investment in Tactical Growth over 30 days. Tactical Growth is related to or competes with One Choice, One Choice, One Choice, One Choice, and Emerging Markets. The fund may invest in equity securities of domestic and foreign issuers of any size, equity-related securities such as ... More
Tactical Growth 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 Tactical Growth'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 Tactical Growth Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7378 | |||
| Information Ratio | 0.0539 | |||
| Maximum Drawdown | 3.9 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.15 |
Tactical Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tactical Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tactical Growth's standard deviation. In reality, there are many statistical measures that can use Tactical Growth historical prices to predict the future Tactical Growth's volatility.| Risk Adjusted Performance | 0.1675 | |||
| Jensen Alpha | 0.0717 | |||
| Total Risk Alpha | 0.0415 | |||
| Sortino Ratio | 0.0509 | |||
| Treynor Ratio | 0.2166 |
Tactical Growth Allo Backtested Returns
At this stage we consider Tactical Mutual Fund to be very steady. Tactical Growth Allo owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the fund had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tactical Growth Allocation, which you can use to evaluate the volatility of the fund. Please validate Tactical Growth's Semi Deviation of 0.4959, coefficient of variation of 430.44, and Risk Adjusted Performance of 0.1675 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. The entity has a beta of 0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tactical Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tactical Growth is expected to be smaller as well.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Tactical Growth Allocation has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Tactical Growth time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Tactical Growth Allo price movement. The serial correlation of -0.76 indicates that around 76.0% of current Tactical Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Tactical Growth Allo lagged returns against current returns
Autocorrelation, which is Tactical Growth 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 Tactical Growth's mutual fund expected returns. We can calculate the autocorrelation of Tactical Growth returns to help us make a trade decision. For example, suppose you find that Tactical Growth 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 |
Tactical Growth 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 Tactical Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tactical Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tactical Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tactical Growth Lagged Returns
When evaluating Tactical Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tactical Growth mutual fund have on its future price. Tactical Growth 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, Tactical Growth autocorrelation shows the relationship between Tactical Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tactical Growth Allocation.
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 Tactical Mutual Fund
Tactical Growth financial ratios help investors to determine whether Tactical 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 Tactical with respect to the benefits of owning Tactical Growth security.
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