Fs Real Asset Fund Market Value
| FSRLX Fund | USD 11.79 0.03 0.25% |
| Symbol | FSRLX |
Fs Real '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 Fs Real'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 Fs Real.
| 02/02/2024 |
| 05/02/2024 |
If you would invest 0.00 in Fs Real on February 2, 2024 and sell it all today you would earn a total of 0.00 from holding Fs Real Asset or generate 0.0% return on investment in Fs Real over 90 days. Fs Real is related to or competes with Barloworld, High Yield, Thrivent High, Via Renewables, T Rowe, Jpmorgan Equity, and M2i Global. The fund seeks to achieve its objective by investing in traditional and next generation real assets, securities of tradi... More
Fs Real 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 Fs Real'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 Fs Real Asset upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8161 | |||
| Information Ratio | 0.0205 | |||
| Maximum Drawdown | 3.84 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 1.17 |
Fs Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fs Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fs Real's standard deviation. In reality, there are many statistical measures that can use Fs Real historical prices to predict the future Fs Real's volatility.| Risk Adjusted Performance | 0.071 | |||
| Jensen Alpha | 0.0273 | |||
| Total Risk Alpha | 0.012 | |||
| Sortino Ratio | 0.0167 | |||
| Treynor Ratio | 0.0872 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fs Real's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fs Real Asset Backtested Returns
We consider Fs Real very steady. Fs Real Asset retains Efficiency (Sharpe Ratio) of 0.0874, which denotes the fund had a 0.0874% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Fs Real, which you can use to evaluate the volatility of the entity. Please confirm Fs Real's Market Risk Adjusted Performance of 0.0972, downside deviation of 0.8161, and Standard Deviation of 0.6625 to check if the risk estimate we provide is consistent with the expected return of 0.0578%. The fund owns a Beta (Systematic Risk) of 0.72, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fs Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fs Real is expected to be smaller as well.
Auto-correlation | -0.68 |
Very good reverse predictability
Fs Real Asset has very good reverse predictability. Overlapping area represents the amount of predictability between Fs Real time series from 2nd of February 2024 to 18th of March 2024 and 18th of March 2024 to 2nd of May 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 Fs Real Asset price movement. The serial correlation of -0.68 indicates that around 68.0% of current Fs Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Fs Real Asset lagged returns against current returns
Autocorrelation, which is Fs Real 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 Fs Real's mutual fund expected returns. We can calculate the autocorrelation of Fs Real returns to help us make a trade decision. For example, suppose you find that Fs Real 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 |
Fs Real 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 Fs Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fs Real mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fs Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Fs Real Lagged Returns
When evaluating Fs Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fs Real mutual fund have on its future price. Fs Real 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, Fs Real autocorrelation shows the relationship between Fs Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Fs Real Asset.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fs Real in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fs Real's short interest history, or implied volatility extrapolated from Fs Real options trading.
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Fs Real technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.