Tax Managed Mid Small Fund Market Value
| RTOUX Fund | USD 39.50 0.06 0.15% |
| Symbol | Tax |
Tax Managed '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 Tax Managed'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 Tax Managed.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Tax Managed on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Tax Managed Mid Small or generate 0.0% return on investment in Tax Managed over 30 days. Tax Managed is related to or competes with Vanguard Small, Vanguard Small, Vanguard Small, Vanguard Small, Fidelity Small, Us Small, and T Rowe. The fund has a non-fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net... More
Tax Managed 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 Tax Managed'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 Tax Managed Mid Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.84 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 1.69 |
Tax Managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tax Managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tax Managed's standard deviation. In reality, there are many statistical measures that can use Tax Managed historical prices to predict the future Tax Managed's volatility.| Risk Adjusted Performance | 0.0445 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0382 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tax Managed'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.
Tax Managed Mid Backtested Returns
We consider Tax Managed out of control. Tax Managed Mid owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0421, which indicates the fund had a 0.0421% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tax Managed Mid Small, which you can use to evaluate the volatility of the fund. Please validate Tax Managed's Semi Deviation of 1.07, risk adjusted performance of 0.0445, and Coefficient Of Variation of 1541.22 to confirm if the risk estimate we provide is consistent with the expected return of 0.0435%. The entity has a beta of 1.51, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tax Managed will likely underperform.
Auto-correlation | 0.27 |
Poor predictability
Tax Managed Mid Small has poor predictability. Overlapping area represents the amount of predictability between Tax Managed time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 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 Tax Managed Mid price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Tax Managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.66 |
Tax Managed Mid lagged returns against current returns
Autocorrelation, which is Tax Managed 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 Tax Managed's mutual fund expected returns. We can calculate the autocorrelation of Tax Managed returns to help us make a trade decision. For example, suppose you find that Tax Managed 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 |
Tax Managed 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 Tax Managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tax Managed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tax Managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Tax Managed Lagged Returns
When evaluating Tax Managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tax Managed mutual fund have on its future price. Tax Managed 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, Tax Managed autocorrelation shows the relationship between Tax Managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tax Managed Mid Small.
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 Tax Managed 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, Tax Managed's short interest history, or implied volatility extrapolated from Tax Managed options trading.
Currently Active Assets on Macroaxis
Check out Tax Managed Correlation, Tax Managed Volatility and Tax Managed Alpha and Beta module to complement your research on Tax Managed. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Tax Managed 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.