Rmb Fund I Fund Market Value
| RMBGX Fund | USD 34.02 0.03 0.09% |
| Symbol | Rmb |
Rmb Fund '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 Rmb Fund'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 Rmb Fund.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Rmb Fund on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Rmb Fund I or generate 0.0% return on investment in Rmb Fund over 30 days. Rmb Fund is related to or competes with Amana Income, Amana Income, Amana Developing, and Amana Developing. The fund pursues its investment objective by investing in a diverse portfolio primarily consisting of common stocks of U... More
Rmb Fund 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 Rmb Fund'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 Rmb Fund I upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7847 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 3.14 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.03 |
Rmb Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rmb Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rmb Fund's standard deviation. In reality, there are many statistical measures that can use Rmb Fund historical prices to predict the future Rmb Fund's volatility.| Risk Adjusted Performance | 0.0235 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0162 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rmb Fund'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.
Rmb Fund I Backtested Returns
We consider Rmb Fund out of control. Rmb Fund I maintains Sharpe Ratio (i.e., Efficiency) of 0.0147, which implies the entity had a 0.0147% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rmb Fund I, which you can use to evaluate the volatility of the fund. Please check Rmb Fund's Risk Adjusted Performance of 0.0235, coefficient of variation of 2793.0, and Semi Deviation of 0.7406 to confirm if the risk estimate we provide is consistent with the expected return of 0.0107%. The fund holds a Beta of 0.95, which implies possible diversification benefits within a given portfolio. Rmb Fund returns are very sensitive to returns on the market. As the market goes up or down, Rmb Fund is expected to follow.
Auto-correlation | 0.47 |
Average predictability
Rmb Fund I has average predictability. Overlapping area represents the amount of predictability between Rmb Fund time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Rmb Fund I price movement. The serial correlation of 0.47 indicates that about 47.0% of current Rmb Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Rmb Fund I lagged returns against current returns
Autocorrelation, which is Rmb Fund 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 Rmb Fund's mutual fund expected returns. We can calculate the autocorrelation of Rmb Fund returns to help us make a trade decision. For example, suppose you find that Rmb Fund 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 |
Rmb Fund 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 Rmb Fund mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rmb Fund mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rmb Fund mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Rmb Fund Lagged Returns
When evaluating Rmb Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rmb Fund mutual fund have on its future price. Rmb Fund 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, Rmb Fund autocorrelation shows the relationship between Rmb Fund mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Rmb Fund I.
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 Rmb Fund 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, Rmb Fund's short interest history, or implied volatility extrapolated from Rmb Fund options trading.
Currently Active Assets on Macroaxis
Check out Rmb Fund Correlation, Rmb Fund Volatility and Rmb Fund Alpha and Beta module to complement your research on Rmb Fund. Note that the Rmb Fund I information on this page should be used as a complementary analysis to other Rmb Fund'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Rmb Fund 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.