Multi Strategy Income Fund Market Value
| RMYYX Fund | USD 9.78 0.02 0.20% |
| Symbol | Multi-strategy |
Multi-strategy Income '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 Multi-strategy Income'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 Multi-strategy Income.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Multi-strategy Income on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Multi Strategy Income Fund or generate 0.0% return on investment in Multi-strategy Income over 90 days. Multi-strategy Income is related to or competes with Ab Small, Mid-cap Growth, Heartland Value, Valic Company, Lsv Small, Queens Road, and Great West. The fund principally invests in a range of diversified income-producing investments More
Multi-strategy Income 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 Multi-strategy Income'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 Multi Strategy Income Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4279 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 1.71 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.6309 |
Multi-strategy Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multi-strategy Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multi-strategy Income's standard deviation. In reality, there are many statistical measures that can use Multi-strategy Income historical prices to predict the future Multi-strategy Income's volatility.| Risk Adjusted Performance | 0.2433 | |||
| Jensen Alpha | 0.0879 | |||
| Total Risk Alpha | 0.0347 | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (2.44) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Multi-strategy Income'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.
Multi Strategy Income Backtested Returns
At this stage we consider Multi-strategy Mutual Fund to be very steady. Multi Strategy Income has Sharpe Ratio of 0.27, which conveys that the entity had a 0.27 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Multi-strategy Income, which you can use to evaluate the volatility of the fund. Please verify Multi-strategy Income's Downside Deviation of 0.4279, risk adjusted performance of 0.2433, and Mean Deviation of 0.2471 to check out if the risk estimate we provide is consistent with the expected return of 0.0834%. The fund secures a Beta (Market Risk) of -0.0341, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Multi-strategy Income are expected to decrease at a much lower rate. During the bear market, Multi-strategy Income is likely to outperform the market.
Auto-correlation | 0.71 |
Good predictability
Multi Strategy Income Fund has good predictability. Overlapping area represents the amount of predictability between Multi-strategy Income time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Multi Strategy Income price movement. The serial correlation of 0.71 indicates that around 71.0% of current Multi-strategy Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Multi Strategy Income lagged returns against current returns
Autocorrelation, which is Multi-strategy Income 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 Multi-strategy Income's mutual fund expected returns. We can calculate the autocorrelation of Multi-strategy Income returns to help us make a trade decision. For example, suppose you find that Multi-strategy Income 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 |
Multi-strategy Income 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 Multi-strategy Income mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multi-strategy Income mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multi-strategy Income mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Multi-strategy Income Lagged Returns
When evaluating Multi-strategy Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multi-strategy Income mutual fund have on its future price. Multi-strategy Income 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, Multi-strategy Income autocorrelation shows the relationship between Multi-strategy Income mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Multi Strategy Income Fund.
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 Multi-strategy Mutual Fund
Multi-strategy Income financial ratios help investors to determine whether Multi-strategy 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 Multi-strategy with respect to the benefits of owning Multi-strategy Income security.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |