Sterling Capital North Fund Market Value
| BBNTX Fund | USD 10.12 0.01 0.1% |
| Symbol | Sterling |
Sterling Capital '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 Sterling Capital'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 Sterling Capital.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Sterling Capital on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Sterling Capital North or generate 0.0% return on investment in Sterling Capital over 30 days. Sterling Capital is related to or competes with Jp Morgan, Calvert Moderate, Moderately Aggressive, Franklin Moderate, Hartford Moderate, and Dimensional Retirement. The fund normally invests at least 80 percent of its net assets in investments the income from which is exempt from fede... More
Sterling Capital 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 Sterling Capital'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 Sterling Capital North upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2576 | |||
| Information Ratio | (0.74) | |||
| Maximum Drawdown | 0.9945 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.297 |
Sterling Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sterling Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sterling Capital's standard deviation. In reality, there are many statistical measures that can use Sterling Capital historical prices to predict the future Sterling Capital's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.50) | |||
| Treynor Ratio | 0.1418 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sterling Capital'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.
Sterling Capital North Backtested Returns
Sterling Capital North owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0081, which indicates the fund had a -0.0081% return per unit of risk over the last 3 months. Sterling Capital North exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sterling Capital's Risk Adjusted Performance of (0.03), coefficient of variation of 10583.21, and Semi Deviation of 0.1529 to confirm the risk estimate we provide. The entity has a beta of -0.0589, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sterling Capital are expected to decrease at a much lower rate. During the bear market, Sterling Capital is likely to outperform the market.
Auto-correlation | 0.67 |
Good predictability
Sterling Capital North has good predictability. Overlapping area represents the amount of predictability between Sterling Capital time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Sterling Capital North price movement. The serial correlation of 0.67 indicates that around 67.0% of current Sterling Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sterling Capital North lagged returns against current returns
Autocorrelation, which is Sterling Capital 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 Sterling Capital's mutual fund expected returns. We can calculate the autocorrelation of Sterling Capital returns to help us make a trade decision. For example, suppose you find that Sterling Capital 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 |
Sterling Capital 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 Sterling Capital mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sterling Capital mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sterling Capital mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sterling Capital Lagged Returns
When evaluating Sterling Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sterling Capital mutual fund have on its future price. Sterling Capital 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, Sterling Capital autocorrelation shows the relationship between Sterling Capital mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sterling Capital North.
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 Sterling Mutual Fund
Sterling Capital financial ratios help investors to determine whether Sterling 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 Sterling with respect to the benefits of owning Sterling Capital security.
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