Kinetics Paradigm Fund Market Value
WWNPX Fund | USD 80.40 0.35 0.43% |
Symbol | Kinetics |
Kinetics Paradigm '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 Kinetics Paradigm'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 Kinetics Paradigm.
02/17/2024 |
| 03/18/2024 |
If you would invest 0.00 in Kinetics Paradigm on February 17, 2024 and sell it all today you would earn a total of 0.00 from holding Kinetics Paradigm Fund or generate 0.0% return on investment in Kinetics Paradigm over 30 days. Kinetics Paradigm is related to or competes with Kinetics Paradigm, Kinetics Global, Kinetics Multi-disciplina, USCF Gold, Kinetics Internet, Kinetics Global, and Kinetics Internet. The fund is a non-diversified fund that invests all of its investable assets in the Paradigm Portfolio, a series of Kine... More
Kinetics Paradigm 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 Kinetics Paradigm'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 Kinetics Paradigm Fund upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.17 | |||
Information Ratio | 0.0452 | |||
Maximum Drawdown | 4.64 | |||
Value At Risk | (2.08) | |||
Potential Upside | 2.07 |
Kinetics Paradigm Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinetics Paradigm's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinetics Paradigm's standard deviation. In reality, there are many statistical measures that can use Kinetics Paradigm historical prices to predict the future Kinetics Paradigm's volatility.Risk Adjusted Performance | 0.1138 | |||
Jensen Alpha | 0.0337 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | 0.0428 | |||
Treynor Ratio | 0.1619 |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Kinetics Paradigm'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. Please use the tools below to analyze the current value of Kinetics Paradigm in the context of predictive analytics.
Kinetics Paradigm Fund Backtested Returns
We consider Kinetics Paradigm very steady. Kinetics Paradigm Fund has Sharpe Ratio of 0.11, which conveys that the entity had 0.11% return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Kinetics Paradigm, which you can use to evaluate the future volatility of the fund. Please verify Kinetics Paradigm's Downside Deviation of 1.17, mean deviation of 0.8457, and Risk Adjusted Performance of 0.1138 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. The fund secures a Beta (Market Risk) of 1.12, which conveys a somewhat significant risk relative to the market. Kinetics Paradigm returns are very sensitive to returns on the market. As the market goes up or down, Kinetics Paradigm is expected to follow. By analyzing Kinetics Paradigm Fund technical indicators, you can presently evaluate if the expected return of 0.13% will be sustainable into the future.
Auto-correlation | 0.83 |
Very good predictability
Kinetics Paradigm Fund has very good predictability. Overlapping area represents the amount of predictability between Kinetics Paradigm time series from 17th of February 2024 to 3rd of March 2024 and 3rd of March 2024 to 18th 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 Kinetics Paradigm Fund price movement. The serial correlation of 0.83 indicates that around 83.0% of current Kinetics Paradigm price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.83 | |
Spearman Rank Test | 0.94 | |
Residual Average | 0.0 | |
Price Variance | 3.62 |
Kinetics Paradigm Fund lagged returns against current returns
Autocorrelation, which is Kinetics Paradigm 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 Kinetics Paradigm's mutual fund expected returns. We can calculate the autocorrelation of Kinetics Paradigm returns to help us make a trade decision. For example, suppose you find that Kinetics Paradigm mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
Current and Lagged Values |
Timeline |
Kinetics Paradigm 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 Kinetics Paradigm mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinetics Paradigm mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinetics Paradigm mutual fund over time.
Current vs Lagged Prices |
Timeline |
Kinetics Paradigm Lagged Returns
When evaluating Kinetics Paradigm's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinetics Paradigm mutual fund have on its future price. Kinetics Paradigm 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, Kinetics Paradigm autocorrelation shows the relationship between Kinetics Paradigm mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Kinetics Paradigm Fund.
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 Kinetics Paradigm 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, Kinetics Paradigm's short interest history, or implied volatility extrapolated from Kinetics Paradigm options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.ABBV | AbbVie Inc | |
HBI | Hanesbrands | |
MIDU | Direxion Daily Mid |
Check out Kinetics Paradigm Correlation, Kinetics Paradigm Volatility and Kinetics Paradigm Alpha and Beta module to complement your research on Kinetics Paradigm. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Kinetics Mutual Fund analysis
When running Kinetics Paradigm's price analysis, check to measure Kinetics Paradigm'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 Kinetics Paradigm is operating at the current time. Most of Kinetics Paradigm's value examination focuses on studying past and present price action to predict the probability of Kinetics Paradigm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinetics Paradigm's price. Additionally, you may evaluate how the addition of Kinetics Paradigm to your portfolios can decrease your overall portfolio volatility.
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Kinetics Paradigm 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.