Hanlon Tactical Dividend Fund Market Value
| HTDIX Fund | USD 11.59 0.13 1.13% |
| Symbol | Hanlon |
Hanlon Tactical '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 Hanlon Tactical'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 Hanlon Tactical.
| 05/05/2022 |
| 04/24/2024 |
If you would invest 0.00 in Hanlon Tactical on May 5, 2022 and sell it all today you would earn a total of 0.00 from holding Hanlon Tactical Dividend or generate 0.0% return on investment in Hanlon Tactical over 720 days. Hanlon Tactical is related to or competes with Transamerica Emerging, Morningstar Defensive, Blrc Sgy, Multisector Bond, Franklin High, T Rowe, and Rbc Emerging. The investment seeks to provide capital appreciation and current income More
Hanlon Tactical 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 Hanlon Tactical'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 Hanlon Tactical Dividend upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7281 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.17 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 0.9641 |
Hanlon Tactical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hanlon Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hanlon Tactical's standard deviation. In reality, there are many statistical measures that can use Hanlon Tactical historical prices to predict the future Hanlon Tactical's volatility.| Risk Adjusted Performance | 0.0316 | |||
| Jensen Alpha | 0.0193 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.4215 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hanlon Tactical'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.
Hanlon Tactical Dividend Backtested Returns
We consider Hanlon Tactical very steady. Hanlon Tactical Dividend holds Efficiency (Sharpe) Ratio of 0.0489, which attests that the entity had a 0.0489% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hanlon Tactical Dividend, which you can use to evaluate the volatility of the entity. Please check out Hanlon Tactical's Risk Adjusted Performance of 0.0316, market risk adjusted performance of 0.4315, and Downside Deviation of 0.7281 to validate if the risk estimate we provide is consistent with the expected return of 0.0342%. The fund retains a Market Volatility (i.e., Beta) of 0.0575, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hanlon Tactical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hanlon Tactical is expected to be smaller as well.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Hanlon Tactical Dividend has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Hanlon Tactical time series from 5th of May 2022 to 30th of April 2023 and 30th of April 2023 to 24th of April 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 Hanlon Tactical Dividend price movement. The serial correlation of -0.72 indicates that around 72.0% of current Hanlon Tactical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Hanlon Tactical Dividend lagged returns against current returns
Autocorrelation, which is Hanlon Tactical 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 Hanlon Tactical's mutual fund expected returns. We can calculate the autocorrelation of Hanlon Tactical returns to help us make a trade decision. For example, suppose you find that Hanlon Tactical 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 |
Hanlon Tactical 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 Hanlon Tactical mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hanlon Tactical mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hanlon Tactical mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Hanlon Tactical Lagged Returns
When evaluating Hanlon Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hanlon Tactical mutual fund have on its future price. Hanlon Tactical 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, Hanlon Tactical autocorrelation shows the relationship between Hanlon Tactical mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Hanlon Tactical Dividend.
Regressed Prices |
| Timeline |
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Hanlon Tactical 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.