Cohen Steers Real Fund Market Value
| RAPRX Fund | USD 9.96 0.02 0.20% |
| Symbol | Cohen |
Cohen Steers '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 Cohen Steers' 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 Cohen Steers.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Cohen Steers on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Cohen Steers Real or generate 0.0% return on investment in Cohen Steers over 30 days. Cohen Steers is related to or competes with Cohen Steers, Cohen Steers, Cohen Steers, Cohen Steers, Cohen Steers, and Cohen Steers. The fund allocates at least 80 percent of its net assets to U.S More
Cohen Steers 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 Cohen Steers' 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 Cohen Steers Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6127 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 2.21 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 0.7128 |
Cohen Steers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cohen Steers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cohen Steers' standard deviation. In reality, there are many statistical measures that can use Cohen Steers historical prices to predict the future Cohen Steers' volatility.| Risk Adjusted Performance | 0.0318 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0291 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cohen Steers' 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.
Cohen Steers Real Backtested Returns
We consider Cohen Steers very steady. Cohen Steers Real secures Sharpe Ratio (or Efficiency) of 0.0941, which signifies that the fund had a 0.0941% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cohen Steers Real, which you can use to evaluate the volatility of the entity. Please confirm Cohen Steers' Downside Deviation of 0.6127, risk adjusted performance of 0.0318, and Mean Deviation of 0.3755 to double-check if the risk estimate we provide is consistent with the expected return of 0.0447%. The fund shows a Beta (market volatility) of 0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cohen Steers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cohen Steers is expected to be smaller as well.
Auto-correlation | -0.87 |
Excellent reverse predictability
Cohen Steers Real has excellent reverse predictability. Overlapping area represents the amount of predictability between Cohen Steers time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Cohen Steers Real price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current Cohen Steers price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.87 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Cohen Steers Real lagged returns against current returns
Autocorrelation, which is Cohen Steers 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 Cohen Steers' mutual fund expected returns. We can calculate the autocorrelation of Cohen Steers returns to help us make a trade decision. For example, suppose you find that Cohen Steers 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 |
Cohen Steers 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 Cohen Steers mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cohen Steers mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cohen Steers mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cohen Steers Lagged Returns
When evaluating Cohen Steers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cohen Steers mutual fund have on its future price. Cohen Steers 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, Cohen Steers autocorrelation shows the relationship between Cohen Steers mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cohen Steers Real.
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 Cohen Steers 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, Cohen Steers' short interest history, or implied volatility extrapolated from Cohen Steers options trading.
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Check out Cohen Steers Correlation, Cohen Steers Volatility and Cohen Steers Alpha and Beta module to complement your research on Cohen Steers. For more information on how to buy Cohen Mutual Fund please use our How to Invest in Cohen Steers guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Cohen Steers 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.