Europe 125x Strategy Fund Market Value
RYEUX Fund | USD 119.43 0.78 0.66% |
Symbol | Europe |
Europe 125x '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 Europe 125x'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 Europe 125x.
09/30/2023 |
| 03/28/2024 |
If you would invest 0.00 in Europe 125x on September 30, 2023 and sell it all today you would earn a total of 0.00 from holding Europe 125x Strategy or generate 0.0% return on investment in Europe 125x over 180 days. Europe 125x is related to or competes with State Farm, Basic Materials, Basic Materials, Banking Fund, Basic Materials, Sp Midcap, and Basic Materials. The fund employs as its investment strategy a program of investing in the common stock of companies that are generally w... More
Europe 125x 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 Europe 125x'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 Europe 125x Strategy upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.7739 | |||
Information Ratio | (0.02) | |||
Maximum Drawdown | 3.5 | |||
Value At Risk | (1.19) | |||
Potential Upside | 1.25 |
Europe 125x Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Europe 125x's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Europe 125x's standard deviation. In reality, there are many statistical measures that can use Europe 125x historical prices to predict the future Europe 125x's volatility.Risk Adjusted Performance | 0.0826 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0996 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Europe 125x'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.
Europe 125x Strategy Backtested Returns
We consider Europe 125x very steady. Europe 125x Strategy secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Europe 125x Strategy, which you can use to evaluate the volatility of the entity. Please confirm Europe 125x's Downside Deviation of 0.7739, coefficient of variation of 701.73, and Mean Deviation of 0.6755 to check if the risk estimate we provide is consistent with the expected return of 0.12%. The fund shows a Beta (market volatility) of 1.11, which means a somewhat significant risk relative to the market. Europe 125x returns are very sensitive to returns on the market. As the market goes up or down, Europe 125x is expected to follow.
Auto-correlation | 0.87 |
Very good predictability
Europe 125x Strategy has very good predictability. Overlapping area represents the amount of predictability between Europe 125x time series from 30th of September 2023 to 29th of December 2023 and 29th of December 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 Europe 125x Strategy price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Europe 125x price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.87 | |
Spearman Rank Test | 0.85 | |
Residual Average | 0.0 | |
Price Variance | 14.63 |
Europe 125x Strategy lagged returns against current returns
Autocorrelation, which is Europe 125x 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 Europe 125x's mutual fund expected returns. We can calculate the autocorrelation of Europe 125x returns to help us make a trade decision. For example, suppose you find that Europe 125x 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 |
Europe 125x 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 Europe 125x mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Europe 125x mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Europe 125x mutual fund over time.
Current vs Lagged Prices |
Timeline |
Europe 125x Lagged Returns
When evaluating Europe 125x's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Europe 125x mutual fund have on its future price. Europe 125x 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, Europe 125x autocorrelation shows the relationship between Europe 125x mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Europe 125x Strategy.
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 Europe 125x 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, Europe 125x's short interest history, or implied volatility extrapolated from Europe 125x options trading.
Currently Active Assets on Macroaxis
Check out Europe 125x Correlation, Europe 125x Volatility and Europe 125x Alpha and Beta module to complement your research on Europe 125x. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Europe Mutual Fund analysis
When running Europe 125x's price analysis, check to measure Europe 125x'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 Europe 125x is operating at the current time. Most of Europe 125x's value examination focuses on studying past and present price action to predict the probability of Europe 125x's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Europe 125x's price. Additionally, you may evaluate how the addition of Europe 125x to your portfolios can decrease your overall portfolio volatility.
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Europe 125x 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.