Catalyst Exceed Defined Fund Market Value
| CLPAX Fund | USD 11.61 0.05 0.43% |
| Symbol | Catalyst |
Catalyst Exceed '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 Catalyst Exceed'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 Catalyst Exceed.
| 05/30/2022 |
| 04/19/2024 |
If you would invest 0.00 in Catalyst Exceed on May 30, 2022 and sell it all today you would earn a total of 0.00 from holding Catalyst Exceed Defined or generate 0.0% return on investment in Catalyst Exceed over 690 days. Catalyst Exceed is related to or competes with Ep Emerging, Locorr Market, Pnc Emerging, Shelton Emerging, Rbc Emerging, T Rowe, and Investec Emerging. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus the amount of borrowings for in... More
Catalyst Exceed 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 Catalyst Exceed'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 Catalyst Exceed Defined upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.15 |
Catalyst Exceed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Catalyst Exceed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Catalyst Exceed's standard deviation. In reality, there are many statistical measures that can use Catalyst Exceed historical prices to predict the future Catalyst Exceed's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 1.09 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Catalyst Exceed'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.
Catalyst Exceed Defined Backtested Returns
Catalyst Exceed Defined secures Sharpe Ratio (or Efficiency) of -0.0473, which signifies that the fund had a -0.0473% return per unit of risk over the last 3 months. Catalyst Exceed Defined exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Catalyst Exceed's Risk Adjusted Performance of (0.03), mean deviation of 0.5815, and Standard Deviation of 0.7423 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0413, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Catalyst Exceed are expected to decrease at a much lower rate. During the bear market, Catalyst Exceed is likely to outperform the market.
Auto-correlation | 0.06 |
Virtually no predictability
Catalyst Exceed Defined has virtually no predictability. Overlapping area represents the amount of predictability between Catalyst Exceed time series from 30th of May 2022 to 10th of May 2023 and 10th of May 2023 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 Catalyst Exceed Defined price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Catalyst Exceed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Catalyst Exceed Defined lagged returns against current returns
Autocorrelation, which is Catalyst Exceed 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 Catalyst Exceed's mutual fund expected returns. We can calculate the autocorrelation of Catalyst Exceed returns to help us make a trade decision. For example, suppose you find that Catalyst Exceed 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 |
Catalyst Exceed 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 Catalyst Exceed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Catalyst Exceed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Catalyst Exceed mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Catalyst Exceed Lagged Returns
When evaluating Catalyst Exceed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Catalyst Exceed mutual fund have on its future price. Catalyst Exceed 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, Catalyst Exceed autocorrelation shows the relationship between Catalyst Exceed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Catalyst Exceed Defined.
Regressed Prices |
| Timeline |
Pair Trading with Catalyst Exceed
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Catalyst Exceed position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Catalyst Exceed will appreciate offsetting losses from the drop in the long position's value.Moving against Catalyst Mutual Fund
| 0.66 | CWXAX | Catalystwarrington | PairCorr |
| 0.61 | CWXIX | Catalystwarrington | PairCorr |
| 0.56 | CWXCX | Catalystwarrington | PairCorr |
The ability to find closely correlated positions to Catalyst Exceed could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Catalyst Exceed when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Catalyst Exceed - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Catalyst Exceed Defined to buy it.
The correlation of Catalyst Exceed is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Catalyst Exceed moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Catalyst Exceed Defined moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Catalyst Exceed can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Catalyst Exceed Correlation, Catalyst Exceed Volatility and Catalyst Exceed Alpha and Beta module to complement your research on Catalyst Exceed. Note that the Catalyst Exceed Defined information on this page should be used as a complementary analysis to other Catalyst Exceed's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Catalyst Exceed 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.