Salient Adaptive Equity Fund Market Value
| ACSIX Fund | USD 11.50 0.01 0.09% |
| Symbol | Salient |
Salient Adaptive '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 Salient Adaptive'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 Salient Adaptive.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Salient Adaptive on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Salient Adaptive Equity or generate 0.0% return on investment in Salient Adaptive over 90 days. Salient Adaptive is related to or competes with National Tax, Multisector Bond, Artisan High, Versatile Bond, and Ambrus Core. Under normal market conditions, the Advisor intends to primarily invest at least 75 percent of its net assets in income ... More
Salient Adaptive 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 Salient Adaptive'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 Salient Adaptive Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2553 | |||
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 0.8902 | |||
| Value At Risk | (0.17) | |||
| Potential Upside | 0.2712 |
Salient Adaptive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Salient Adaptive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Salient Adaptive's standard deviation. In reality, there are many statistical measures that can use Salient Adaptive historical prices to predict the future Salient Adaptive's volatility.| Risk Adjusted Performance | 0.1965 | |||
| Jensen Alpha | 0.041 | |||
| Total Risk Alpha | 0.0185 | |||
| Sortino Ratio | (0.26) | |||
| Treynor Ratio | 0.7852 |
Salient Adaptive Equity Backtested Returns
At this stage we consider Salient Mutual Fund to be very steady. Salient Adaptive Equity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.3, which indicates the fund had a 0.3% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Salient Adaptive Equity, which you can use to evaluate the volatility of the fund. Please validate Salient Adaptive's Downside Deviation of 0.2553, risk adjusted performance of 0.1965, and Standard Deviation of 0.1858 to confirm if the risk estimate we provide is consistent with the expected return of 0.0555%. The entity has a beta of 0.0611, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Salient Adaptive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Salient Adaptive is expected to be smaller as well.
Auto-correlation | 0.86 |
Very good predictability
Salient Adaptive Equity has very good predictability. Overlapping area represents the amount of predictability between Salient Adaptive time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th of December 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 Salient Adaptive Equity price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Salient Adaptive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Salient Adaptive Equity lagged returns against current returns
Autocorrelation, which is Salient Adaptive 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 Salient Adaptive's mutual fund expected returns. We can calculate the autocorrelation of Salient Adaptive returns to help us make a trade decision. For example, suppose you find that Salient Adaptive 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 |
Salient Adaptive 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 Salient Adaptive mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Salient Adaptive mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Salient Adaptive mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Salient Adaptive Lagged Returns
When evaluating Salient Adaptive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Salient Adaptive mutual fund have on its future price. Salient Adaptive 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, Salient Adaptive autocorrelation shows the relationship between Salient Adaptive mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Salient Adaptive Equity.
Regressed Prices |
| Timeline |
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.Other Information on Investing in Salient Mutual Fund
Salient Adaptive financial ratios help investors to determine whether Salient Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Salient with respect to the benefits of owning Salient Adaptive security.
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