Carillon Chartwell Short Fund Market Value
| CWFCX Fund | 9.55 0.01 0.10% |
| Symbol | Carillon |
Carillon Chartwell '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 Carillon Chartwell'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 Carillon Chartwell.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in Carillon Chartwell on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding Carillon Chartwell Short or generate 0.0% return on investment in Carillon Chartwell over 90 days. Carillon Chartwell is related to or competes with T Rowe, Aqr Risk-balanced, Siit High, Needham Aggressive, Franklin High, and T Rowe. More
Carillon Chartwell 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 Carillon Chartwell'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 Carillon Chartwell Short upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1301 | |||
| Information Ratio | (1.20) | |||
| Maximum Drawdown | 0.4206 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.2099 |
Carillon Chartwell Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carillon Chartwell's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carillon Chartwell's standard deviation. In reality, there are many statistical measures that can use Carillon Chartwell historical prices to predict the future Carillon Chartwell's volatility.| Risk Adjusted Performance | 0.024 | |||
| Jensen Alpha | 6.0E-4 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.87) | |||
| Treynor Ratio | 0.1759 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carillon Chartwell'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.
Carillon Chartwell Short Backtested Returns
At this stage we consider Carillon Mutual Fund to be very steady. Carillon Chartwell Short secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Carillon Chartwell Short, which you can use to evaluate the volatility of the entity. Please confirm Carillon Chartwell's Risk Adjusted Performance of 0.024, coefficient of variation of 806.21, and Mean Deviation of 0.0697 to double-check if the risk estimate we provide is consistent with the expected return of 0.0117%. The fund shows a Beta (market volatility) of 0.0098, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Carillon Chartwell's returns are expected to increase less than the market. However, during the bear market, the loss of holding Carillon Chartwell is expected to be smaller as well.
Auto-correlation | 0.17 |
Very weak predictability
Carillon Chartwell Short has very weak predictability. Overlapping area represents the amount of predictability between Carillon Chartwell time series from 31st of August 2024 to 15th of October 2024 and 15th of October 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 Carillon Chartwell Short price movement. The serial correlation of 0.17 indicates that over 17.0% of current Carillon Chartwell price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Carillon Chartwell Short lagged returns against current returns
Autocorrelation, which is Carillon Chartwell 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 Carillon Chartwell's mutual fund expected returns. We can calculate the autocorrelation of Carillon Chartwell returns to help us make a trade decision. For example, suppose you find that Carillon Chartwell 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 |
Carillon Chartwell 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 Carillon Chartwell mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carillon Chartwell mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carillon Chartwell mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Carillon Chartwell Lagged Returns
When evaluating Carillon Chartwell's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carillon Chartwell mutual fund have on its future price. Carillon Chartwell 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, Carillon Chartwell autocorrelation shows the relationship between Carillon Chartwell mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Carillon Chartwell Short.
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 Carillon Mutual Fund
Carillon Chartwell financial ratios help investors to determine whether Carillon 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 Carillon with respect to the benefits of owning Carillon Chartwell security.
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