Quantified Alternative Investment Fund Market Value
| QALTX Fund | USD 9.29 0.03 0.32% |
| Symbol | Quantified |
Quantified Alternative '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 Quantified Alternative'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 Quantified Alternative.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in Quantified Alternative on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding Quantified Alternative Investment or generate 0.0% return on investment in Quantified Alternative over 30 days. Quantified Alternative is related to or competes with Wasatch Small, Davenport Small, Mercer Smallmid, Oppenheimer International, and Principal Lifetime. The fund will primarily invest indirectly in alternative investments by using exchange-traded funds , open-end mutual fu... More
Quantified Alternative 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 Quantified Alternative'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 Quantified Alternative Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6888 | |||
| Information Ratio | 0.0288 | |||
| Maximum Drawdown | 3.53 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 0.8547 |
Quantified Alternative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quantified Alternative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quantified Alternative's standard deviation. In reality, there are many statistical measures that can use Quantified Alternative historical prices to predict the future Quantified Alternative's volatility.| Risk Adjusted Performance | 0.079 | |||
| Jensen Alpha | 0.0356 | |||
| Total Risk Alpha | 0.0211 | |||
| Sortino Ratio | 0.0235 | |||
| Treynor Ratio | 0.1075 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Quantified Alternative'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.
Quantified Alternative Backtested Returns
We consider Quantified Alternative very steady. Quantified Alternative maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Quantified Alternative, which you can use to evaluate the volatility of the fund. Please check Quantified Alternative's Semi Deviation of 0.4123, risk adjusted performance of 0.079, and Coefficient Of Variation of 785.7 to confirm if the risk estimate we provide is consistent with the expected return of 0.0786%. The fund holds a Beta of 0.57, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Quantified Alternative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Quantified Alternative is expected to be smaller as well.
Auto-correlation | -0.34 |
Poor reverse predictability
Quantified Alternative Investment has poor reverse predictability. Overlapping area represents the amount of predictability between Quantified Alternative time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th 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 Quantified Alternative price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Quantified Alternative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Quantified Alternative lagged returns against current returns
Autocorrelation, which is Quantified Alternative 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 Quantified Alternative's mutual fund expected returns. We can calculate the autocorrelation of Quantified Alternative returns to help us make a trade decision. For example, suppose you find that Quantified Alternative 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 |
Quantified Alternative 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 Quantified Alternative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quantified Alternative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quantified Alternative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Quantified Alternative Lagged Returns
When evaluating Quantified Alternative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quantified Alternative mutual fund have on its future price. Quantified Alternative 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, Quantified Alternative autocorrelation shows the relationship between Quantified Alternative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Quantified Alternative Investment.
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 Quantified Alternative 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, Quantified Alternative's short interest history, or implied volatility extrapolated from Quantified Alternative options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Quantified Alternative using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Quantified Alternative Correlation, Quantified Alternative Volatility and Quantified Alternative Alpha and Beta module to complement your research on Quantified Alternative. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Quantified Alternative 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.