Cornerstone Strategic Return Fund Market Value
| CRF Fund | USD 9.15 0.14 1.55% |
| Symbol | Cornerstone |
Cornerstone Strategic '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 Cornerstone Strategic'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 Cornerstone Strategic.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Cornerstone Strategic on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Cornerstone Strategic Return or generate 0.0% return on investment in Cornerstone Strategic over 300 days. Cornerstone Strategic is related to or competes with Cornerstone Strategic, Oxford Lane, Orchid Island, Guggenheim Strategic, and Stone Harbor. Cornerstone Total Return Fund, Inc. is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, L... More
Cornerstone Strategic 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 Cornerstone Strategic'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 Cornerstone Strategic Return upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7551 | |||
| Information Ratio | 0.2262 | |||
| Maximum Drawdown | 3.89 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 1.81 |
Cornerstone Strategic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cornerstone Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cornerstone Strategic's standard deviation. In reality, there are many statistical measures that can use Cornerstone Strategic historical prices to predict the future Cornerstone Strategic's volatility.| Risk Adjusted Performance | 0.2954 | |||
| Jensen Alpha | 0.2335 | |||
| Total Risk Alpha | 0.1759 | |||
| Sortino Ratio | 0.2415 | |||
| Treynor Ratio | 0.5285 |
Cornerstone Strategic Backtested Returns
Cornerstone Strategic appears to be very steady, given 3 months investment horizon. Cornerstone Strategic secures Sharpe Ratio (or Efficiency) of 0.41, which signifies that the fund had a 0.41% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cornerstone Strategic Return, which you can use to evaluate the volatility of the entity. Please makes use of Cornerstone Strategic's Risk Adjusted Performance of 0.2954, coefficient of variation of 259.22, and Mean Deviation of 0.6425 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cornerstone Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cornerstone Strategic is expected to be smaller as well.
Auto-correlation | 0.86 |
Very good predictability
Cornerstone Strategic Return has very good predictability. Overlapping area represents the amount of predictability between Cornerstone Strategic time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Cornerstone Strategic price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Cornerstone Strategic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Cornerstone Strategic lagged returns against current returns
Autocorrelation, which is Cornerstone Strategic 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 Cornerstone Strategic's fund expected returns. We can calculate the autocorrelation of Cornerstone Strategic returns to help us make a trade decision. For example, suppose you find that Cornerstone Strategic 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 |
Cornerstone Strategic 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 Cornerstone Strategic fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cornerstone Strategic fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cornerstone Strategic fund over time.
Current vs Lagged Prices |
| Timeline |
Cornerstone Strategic Lagged Returns
When evaluating Cornerstone Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cornerstone Strategic fund have on its future price. Cornerstone Strategic 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, Cornerstone Strategic autocorrelation shows the relationship between Cornerstone Strategic fund current value and its past values and can show if there is a momentum factor associated with investing in Cornerstone Strategic Return.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cornerstone Fund
Cornerstone Strategic financial ratios help investors to determine whether Cornerstone 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 Cornerstone with respect to the benefits of owning Cornerstone Strategic security.
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