Secured Options Portfolio Fund Market Value
| GTSOX Fund | USD 13.79 0.02 0.14% |
| Symbol | Secured |
Secured Options '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 Secured Options' 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 Secured Options.
| 04/30/2022 |
| 04/19/2024 |
If you would invest 0.00 in Secured Options on April 30, 2022 and sell it all today you would earn a total of 0.00 from holding Secured Options Portfolio or generate 0.0% return on investment in Secured Options over 720 days. Secured Options is related to or competes with Glenmede International, Equity Income, Woman In, High Yield, Responsible Esg, Secured Options, and Quantitative. Under normal market circumstances, at least 80 percent of the value of the Portfolios total assets will be subject to secured option strategies, which are written covered call andor secured put options on stock index ETFs, stock indices andor individual stocks held by the Portfolio. More
Secured Options 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 Secured Options' 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 Secured Options Portfolio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2014 | |||
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 0.8728 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.2183 |
Secured Options Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Secured Options' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Secured Options' standard deviation. In reality, there are many statistical measures that can use Secured Options historical prices to predict the future Secured Options' volatility.| Risk Adjusted Performance | 0.0839 | |||
| Jensen Alpha | 0.009 | |||
| Total Risk Alpha | 0.0037 | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | 0.1184 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Secured Options' 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.
Secured Options Portfolio Backtested Returns
We consider Secured Options very steady. Secured Options Portfolio owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the fund had a 0.18% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Secured Options Portfolio, which you can use to evaluate the volatility of the fund. Please validate Secured Options' Risk Adjusted Performance of 0.0839, standard deviation of 0.1492, and Downside Deviation of 0.2014 to confirm if the risk estimate we provide is consistent with the expected return of 0.0272%. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Secured Options' returns are expected to increase less than the market. However, during the bear market, the loss of holding Secured Options is expected to be smaller as well.
Auto-correlation | 0.22 |
Weak predictability
Secured Options Portfolio has weak predictability. Overlapping area represents the amount of predictability between Secured Options time series from 30th of April 2022 to 25th of April 2023 and 25th of April 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 Secured Options Portfolio price movement. The serial correlation of 0.22 indicates that over 22.0% of current Secured Options price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Secured Options Portfolio lagged returns against current returns
Autocorrelation, which is Secured Options 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 Secured Options' mutual fund expected returns. We can calculate the autocorrelation of Secured Options returns to help us make a trade decision. For example, suppose you find that Secured Options 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 |
Secured Options 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 Secured Options mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Secured Options mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Secured Options mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Secured Options Lagged Returns
When evaluating Secured Options' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Secured Options mutual fund have on its future price. Secured Options 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, Secured Options autocorrelation shows the relationship between Secured Options mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Secured Options Portfolio.
Regressed Prices |
| Timeline |
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Secured Options 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.