Cliffwater Corporate Lending Fund Market Value
| CCLFX Fund | USD 10.82 0.02 0.19% |
| Symbol | Cliffwater |
Please note, there is a significant difference between Cliffwater Corporate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cliffwater Corporate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cliffwater Corporate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cliffwater Corporate '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 Cliffwater Corporate'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 Cliffwater Corporate.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Cliffwater Corporate on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Cliffwater Corporate Lending or generate 0.0% return on investment in Cliffwater Corporate over 30 days. Cliffwater Corporate is related to or competes with Alphacentric Lifesci, Baron Health, Fidelity Advisor, Health Care, Highland Longshort, Blackrock Health, and Eventide Healthcare. Cliffwater Corporate is entity of United States More
Cliffwater Corporate 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 Cliffwater Corporate'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 Cliffwater Corporate Lending upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.44) | |||
| Maximum Drawdown | 0.2846 | |||
| Potential Upside | 0.095 |
Cliffwater Corporate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cliffwater Corporate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cliffwater Corporate's standard deviation. In reality, there are many statistical measures that can use Cliffwater Corporate historical prices to predict the future Cliffwater Corporate's volatility.| Risk Adjusted Performance | 0.4446 | |||
| Jensen Alpha | 0.0328 | |||
| Total Risk Alpha | 0.024 | |||
| Treynor Ratio | (18.13) |
Cliffwater Corporate Backtested Returns
At this stage we consider Cliffwater Mutual Fund to be very steady. Cliffwater Corporate secures Sharpe Ratio (or Efficiency) of 0.76, which signifies that the fund had a 0.76% return per unit of risk over the last 3 months. We have found twenty technical indicators for Cliffwater Corporate Lending, which you can use to evaluate the volatility of the entity. Please confirm Cliffwater Corporate's Standard Deviation of 0.0575, mean deviation of 0.0504, and Risk Adjusted Performance of 0.4446 to double-check if the risk estimate we provide is consistent with the expected return of 0.0371%. The fund shows a Beta (market volatility) of -0.0018, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cliffwater Corporate are expected to decrease at a much lower rate. During the bear market, Cliffwater Corporate is likely to outperform the market.
Auto-correlation | 0.94 |
Excellent predictability
Cliffwater Corporate Lending has excellent predictability. Overlapping area represents the amount of predictability between Cliffwater Corporate time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Cliffwater Corporate price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Cliffwater Corporate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cliffwater Corporate lagged returns against current returns
Autocorrelation, which is Cliffwater Corporate 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 Cliffwater Corporate's mutual fund expected returns. We can calculate the autocorrelation of Cliffwater Corporate returns to help us make a trade decision. For example, suppose you find that Cliffwater Corporate 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 |
Cliffwater Corporate 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 Cliffwater Corporate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cliffwater Corporate mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cliffwater Corporate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cliffwater Corporate Lagged Returns
When evaluating Cliffwater Corporate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cliffwater Corporate mutual fund have on its future price. Cliffwater Corporate 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, Cliffwater Corporate autocorrelation shows the relationship between Cliffwater Corporate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cliffwater Corporate Lending.
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 Cliffwater Mutual Fund
Cliffwater Corporate financial ratios help investors to determine whether Cliffwater 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 Cliffwater with respect to the benefits of owning Cliffwater Corporate security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |