Nei Clean Infrastructure Fund Market Value
| 0P0001OF6V | 9.42 0.08 0.86% |
| Symbol | NEI |
NEI Clean '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 NEI Clean's 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 NEI Clean.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in NEI Clean on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding NEI Clean Infrastructure or generate 0.0% return on investment in NEI Clean over 90 days.
NEI Clean 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 NEI Clean's 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 NEI Clean Infrastructure upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6301 | |||
| Information Ratio | 0.0323 | |||
| Maximum Drawdown | 2.61 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 1.32 |
NEI Clean Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEI Clean's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NEI Clean's standard deviation. In reality, there are many statistical measures that can use NEI Clean historical prices to predict the future NEI Clean's volatility.| Risk Adjusted Performance | 0.2704 | |||
| Jensen Alpha | 0.1946 | |||
| Total Risk Alpha | 0.067 | |||
| Sortino Ratio | 0.0337 | |||
| Treynor Ratio | (6.43) |
NEI Clean Infrastructure Backtested Returns
As of now, NEI Fund is very steady. NEI Clean Infrastructure has Sharpe Ratio of 0.3, which conveys that the entity had a 0.3 % return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for NEI Clean, which you can use to evaluate the volatility of the fund. Please verify NEI Clean's mean deviation of 0.5417, and Risk Adjusted Performance of 0.2704 to check out if the risk estimate we provide is consistent with the expected return of 0.19%. The fund secures a Beta (Market Risk) of -0.0295, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NEI Clean are expected to decrease at a much lower rate. During the bear market, NEI Clean is likely to outperform the market.
Auto-correlation | 0.88 |
Very good predictability
NEI Clean Infrastructure has very good predictability. Overlapping area represents the amount of predictability between NEI Clean time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 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 NEI Clean Infrastructure price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current NEI Clean price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
NEI Clean Infrastructure lagged returns against current returns
Autocorrelation, which is NEI Clean 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 NEI Clean's fund expected returns. We can calculate the autocorrelation of NEI Clean returns to help us make a trade decision. For example, suppose you find that NEI Clean 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 |
NEI Clean 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 NEI Clean fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NEI Clean fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NEI Clean fund over time.
Current vs Lagged Prices |
| Timeline |
NEI Clean Lagged Returns
When evaluating NEI Clean's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NEI Clean fund have on its future price. NEI Clean 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, NEI Clean autocorrelation shows the relationship between NEI Clean fund current value and its past values and can show if there is a momentum factor associated with investing in NEI Clean Infrastructure.
Regressed Prices |
| Timeline |
Pair Trading with NEI Clean
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NEI Clean position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NEI Clean will appreciate offsetting losses from the drop in the long position's value.Moving together with NEI Fund
| 0.94 | 0P0000706A | RBC Select Balanced | PairCorr |
| 0.65 | 0P0000S9O7 | PIMCO Monthly Income | PairCorr |
| 0.94 | 0P00007069 | RBC Portefeuille | PairCorr |
| 0.93 | 0P0000IUYO | Edgepoint Global Por | PairCorr |
| 0.89 | 0P0001FAU8 | TD Comfort Balanced | PairCorr |
The ability to find closely correlated positions to NEI Clean could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NEI Clean when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NEI Clean - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NEI Clean Infrastructure to buy it.
The correlation of NEI Clean is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NEI Clean moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NEI Clean Infrastructure moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NEI Clean can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
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