Redwood Managed Volatility Fund Market Value
| RWDNX Fund | USD 11.26 0.04 0.36% |
| Symbol | Redwood |
Redwood 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 Redwood 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 Redwood Managed.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Redwood Managed on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Redwood Managed Volatility or generate 0.0% return on investment in Redwood Managed over 30 days. Redwood Managed is related to or competes with Blackrock Strategic, Blackrock Strategic, Blackrock Strategic, Blackrock Strategic, Jpmorgan Strategic, Jpmorgan Strategic, and Jpmorgan Strategic. The adviser uses a trend-following strategy that seeks to identify the critical turning points in the markets for high y... More
Redwood 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 Redwood 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 Redwood Managed Volatility upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2686 | |||
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 0.8909 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.2679 |
Redwood Managed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Redwood Managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Redwood Managed's standard deviation. In reality, there are many statistical measures that can use Redwood Managed historical prices to predict the future Redwood Managed's volatility.| Risk Adjusted Performance | 0.0268 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | 0.0207 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Redwood 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.
Redwood Managed Vola Backtested Returns
We consider Redwood Managed very steady. Redwood Managed Vola maintains Sharpe Ratio (i.e., Efficiency) of 0.0533, which implies the entity had a 0.0533% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Redwood Managed Vola, which you can use to evaluate the volatility of the fund. Please check Redwood Managed's Semi Deviation of 0.1507, risk adjusted performance of 0.0268, and Coefficient Of Variation of 1245.68 to confirm if the risk estimate we provide is consistent with the expected return of 0.0101%. The fund holds a Beta of 0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, Redwood Managed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Redwood Managed is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
Redwood Managed Volatility has good predictability. Overlapping area represents the amount of predictability between Redwood 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 Redwood Managed Vola price movement. The serial correlation of 0.78 indicates that around 78.0% of current Redwood Managed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Redwood Managed Vola lagged returns against current returns
Autocorrelation, which is Redwood 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 Redwood Managed's mutual fund expected returns. We can calculate the autocorrelation of Redwood Managed returns to help us make a trade decision. For example, suppose you find that Redwood 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 |
Redwood 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 Redwood Managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Redwood 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 Redwood Managed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Redwood Managed Lagged Returns
When evaluating Redwood Managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Redwood Managed mutual fund have on its future price. Redwood 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, Redwood Managed autocorrelation shows the relationship between Redwood Managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Redwood Managed Volatility.
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 Redwood 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, Redwood Managed's short interest history, or implied volatility extrapolated from Redwood Managed options trading.
Currently Active Assets on Macroaxis
Check out Redwood Managed Correlation, Redwood Managed Volatility and Redwood Managed Alpha and Beta module to complement your research on Redwood Managed. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Redwood 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.