Robinson Opportunistic Income Fund Market Value
| RBNAX Fund | USD 9.70 0.03 0.31% |
| Symbol | Robinson |
Robinson Opportunistic '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 Robinson Opportunistic'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 Robinson Opportunistic.
| 05/24/2023 |
| 04/18/2024 |
If you would invest 0.00 in Robinson Opportunistic on May 24, 2023 and sell it all today you would earn a total of 0.00 from holding Robinson Opportunistic Income or generate 0.0% return on investment in Robinson Opportunistic over 330 days. Robinson Opportunistic is related to or competes with Vanguard High, Blackrock, American Funds, American Funds, and American High. Under normal market conditions, the fund pursues its investment objective by investing primarily in publicly traded closed-end registered investment companies which are income-producing securities due to the CEFs underlying holdings, such as senior bank loans, corporate bonds and preferredconvertible equities which generate income. More
Robinson Opportunistic 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 Robinson Opportunistic'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 Robinson Opportunistic Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3495 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 1.65 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.4211 |
Robinson Opportunistic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Robinson Opportunistic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Robinson Opportunistic's standard deviation. In reality, there are many statistical measures that can use Robinson Opportunistic historical prices to predict the future Robinson Opportunistic's volatility.| Risk Adjusted Performance | 0.0436 | |||
| Jensen Alpha | 0.0027 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0551 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Robinson Opportunistic'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.
Robinson Opportunistic Backtested Returns
We consider Robinson Opportunistic very steady. Robinson Opportunistic maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Robinson Opportunistic, which you can use to evaluate the volatility of the fund. Please check Robinson Opportunistic's Semi Deviation of 0.2552, risk adjusted performance of 0.0436, and Coefficient Of Variation of 1147.86 to confirm if the risk estimate we provide is consistent with the expected return of 0.0403%. The fund holds a Beta of 0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, Robinson Opportunistic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Robinson Opportunistic is expected to be smaller as well.
Auto-correlation | 0.87 |
Very good predictability
Robinson Opportunistic Income has very good predictability. Overlapping area represents the amount of predictability between Robinson Opportunistic time series from 24th of May 2023 to 5th of November 2023 and 5th of November 2023 to 18th 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 Robinson Opportunistic price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Robinson Opportunistic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Robinson Opportunistic lagged returns against current returns
Autocorrelation, which is Robinson Opportunistic 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 Robinson Opportunistic's mutual fund expected returns. We can calculate the autocorrelation of Robinson Opportunistic returns to help us make a trade decision. For example, suppose you find that Robinson Opportunistic 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 |
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Robinson Opportunistic 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 Robinson Opportunistic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Robinson Opportunistic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Robinson Opportunistic mutual fund over time.
Current vs Lagged Prices |
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Robinson Opportunistic Lagged Returns
When evaluating Robinson Opportunistic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Robinson Opportunistic mutual fund have on its future price. Robinson Opportunistic 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, Robinson Opportunistic autocorrelation shows the relationship between Robinson Opportunistic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Robinson Opportunistic Income.
Regressed Prices |
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Currently Active Assets on Macroaxis
Check out Robinson Opportunistic Correlation, Robinson Opportunistic Volatility and Robinson Opportunistic Alpha and Beta module to complement your research on Robinson Opportunistic. Note that the Robinson Opportunistic information on this page should be used as a complementary analysis to other Robinson Opportunistic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Robinson Opportunistic 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.