Our philosophy towards determining 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-one technical indicators
for Zacks Market Neutral which you can use to evaluate future volatility of the fund. Please check out Zacks Market Neutral to validate if risk estimate we provide are consistent with the epected return of 0.0%. The entity maintains market beta of 0.0 which attests that the returns on MARKET and Zacks Market are completely uncorrelated. Although it is extremely important to respect Zacks Market Neutral
historical price patterns
, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By examining Zacks Market Neutral technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
|15 days auto-correlation|| 0.00 |
No correlation between past and present
Zacks Market Neutral C has no correlation between past and present. Overlapping area represents the amount of predictability between Zacks Market time series from August 22, 2018 to September 6, 2018 and September 6, 2018 to September 21, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Zacks Market Neutral price movement. The serial correlation of 0.0 indicates that just 0.0% of current Zacks Market price fluctuation can be explain by its past prices.
|Spearman Rank Test||1.0|