Robinson Tax Advantaged Fund Market Value
ROBNX Fund | USD 8.68 0.01 0.12% |
Symbol | ROBINSON |
Robinson Tax '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 Tax'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 Tax.
04/08/2022 |
| 03/28/2024 |
If you would invest 0.00 in Robinson Tax on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding Robinson Tax Advantaged or generate 0.0% return on investment in Robinson Tax over 720 days. Robinson Tax is related to or competes with USCF Gold, West Loop, Robinson Tax, Braddock Multi-strategy, Braddock Multi-strategy, Braddock Multi-strategy, and Robinson Opportunistic. Under normal market conditions, the fund pursues its investment objective by investing primarily in closed-end registere... More
Robinson Tax 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 Tax'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 Tax Advantaged upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.3053 | |||
Information Ratio | (0.24) | |||
Maximum Drawdown | 1.43 | |||
Value At Risk | (0.36) | |||
Potential Upside | 0.5967 |
Robinson Tax Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Robinson Tax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Robinson Tax's standard deviation. In reality, there are many statistical measures that can use Robinson Tax historical prices to predict the future Robinson Tax's volatility.Risk Adjusted Performance | 0.0927 | |||
Jensen Alpha | 0.0537 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.25) | |||
Treynor Ratio | (0.95) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Robinson Tax'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 Tax Advantaged Backtested Returns
We consider Robinson Tax very steady. Robinson Tax Advantaged maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Robinson Tax Advantaged, which you can use to evaluate the volatility of the fund. Please check Robinson Tax's Semi Deviation of 0.0621, coefficient of variation of 554.86, and Risk Adjusted Performance of 0.0927 to confirm if the risk estimate we provide is consistent with the expected return of 0.0641%. The fund holds a Beta of -0.05, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Robinson Tax are expected to decrease at a much lower rate. During the bear market, Robinson Tax is likely to outperform the market.
Auto-correlation | 0.66 |
Good predictability
Robinson Tax Advantaged has good predictability. Overlapping area represents the amount of predictability between Robinson Tax time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 to 28th of March 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 Tax Advantaged price movement. The serial correlation of 0.66 indicates that around 66.0% of current Robinson Tax price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.66 | |
Spearman Rank Test | 0.28 | |
Residual Average | 0.0 | |
Price Variance | 0.11 |
Robinson Tax Advantaged lagged returns against current returns
Autocorrelation, which is Robinson Tax 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 Tax's mutual fund expected returns. We can calculate the autocorrelation of Robinson Tax returns to help us make a trade decision. For example, suppose you find that Robinson Tax 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 |
Robinson Tax 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 Tax mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Robinson Tax 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 Tax mutual fund over time.
Current vs Lagged Prices |
Timeline |
Robinson Tax Lagged Returns
When evaluating Robinson Tax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Robinson Tax mutual fund have on its future price. Robinson Tax 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 Tax autocorrelation shows the relationship between Robinson Tax mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Robinson Tax Advantaged.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Check out Robinson Tax Correlation, Robinson Tax Volatility and Robinson Tax Alpha and Beta module to complement your research on Robinson Tax. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for ROBINSON Mutual Fund analysis
When running Robinson Tax's price analysis, check to measure Robinson Tax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Robinson Tax is operating at the current time. Most of Robinson Tax's value examination focuses on studying past and present price action to predict the probability of Robinson Tax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Robinson Tax's price. Additionally, you may evaluate how the addition of Robinson Tax to your portfolios can decrease your overall portfolio volatility.
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Robinson Tax 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.