Kkr Income Opportunities Fund Market Value
| KIO Fund | USD 13.37 0.07 0.53% |
| Symbol | Kkr |
Kkr Income '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 Kkr Income's 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 Kkr Income.
| 03/04/2024 |
| 06/02/2024 |
If you would invest 0.00 in Kkr Income on March 4, 2024 and sell it all today you would earn a total of 0.00 from holding Kkr Income Opportunities or generate 0.0% return on investment in Kkr Income over 90 days. Kkr Income is related to or competes with Doubleline Yield, Highland Floating, Doubleline Opportunistic, Western Asset, Doubleline Income, Pimco Dynamic, and Neuberger Berman. KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts Co More
Kkr Income 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 Kkr Income's 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 Kkr Income Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6493 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 2.67 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 0.9774 |
Kkr Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kkr Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kkr Income's standard deviation. In reality, there are many statistical measures that can use Kkr Income historical prices to predict the future Kkr Income's volatility.| Risk Adjusted Performance | 0.043 | |||
| Jensen Alpha | 0.0145 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0646 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kkr Income'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.
Kkr Income Opportunities Backtested Returns
We consider Kkr Income very steady. Kkr Income Opportunities has Sharpe Ratio of 0.0147, which conveys that the entity had a 0.0147% return per unit of risk over the last 3 months. We have found thirty technical indicators for Kkr Income, which you can use to evaluate the volatility of the fund. Please verify Kkr Income's Risk Adjusted Performance of 0.043, downside deviation of 0.6493, and Mean Deviation of 0.488 to check out if the risk estimate we provide is consistent with the expected return of 0.0088%. The fund secures a Beta (Market Risk) of 0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kkr Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kkr Income is expected to be smaller as well.
Auto-correlation | 0.28 |
Poor predictability
Kkr Income Opportunities has poor predictability. Overlapping area represents the amount of predictability between Kkr Income time series from 4th of March 2024 to 18th of April 2024 and 18th of April 2024 to 2nd of June 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 Kkr Income Opportunities price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Kkr Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Kkr Income Opportunities lagged returns against current returns
Autocorrelation, which is Kkr Income 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 Kkr Income's fund expected returns. We can calculate the autocorrelation of Kkr Income returns to help us make a trade decision. For example, suppose you find that Kkr Income has exhibited high autocorrelation historically, and you observe that the 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 |
Kkr Income 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 Kkr Income fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kkr Income fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kkr Income fund over time.
Current vs Lagged Prices |
| Timeline |
Kkr Income Lagged Returns
When evaluating Kkr Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kkr Income fund have on its future price. Kkr Income 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, Kkr Income autocorrelation shows the relationship between Kkr Income fund current value and its past values and can show if there is a momentum factor associated with investing in Kkr Income Opportunities.
Regressed Prices |
| Timeline |
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Kkr Income technical 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.