Chartwell Short Duration Fund Market Value
| CWFIX Fund | USD 9.54 0.01 0.10% |
| Symbol | Chartwell |
Chartwell Short '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 Chartwell Short'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 Chartwell Short.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Chartwell Short on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Chartwell Short Duration or generate 0.0% return on investment in Chartwell Short over 30 days. Chartwell Short is related to or competes with Blackrock High, HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, High-yield Municipal, and Via Renewables. Under normal circumstances, the fund invests at least 80 percent of its net assets in high yield debt securities More
Chartwell Short 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 Chartwell Short'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 Chartwell Short Duration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1302 | |||
| Information Ratio | (0.81) | |||
| Maximum Drawdown | 0.4213 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.1062 |
Chartwell Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chartwell Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chartwell Short's standard deviation. In reality, there are many statistical measures that can use Chartwell Short historical prices to predict the future Chartwell Short's volatility.| Risk Adjusted Performance | 0.084 | |||
| Jensen Alpha | 0.0086 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.59) | |||
| Treynor Ratio | 1.28 |
Chartwell Short Duration Backtested Returns
At this stage we consider Chartwell Mutual Fund to be very steady. Chartwell Short Duration secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Chartwell Short Duration, which you can use to evaluate the volatility of the entity. Please confirm Chartwell Short's risk adjusted performance of 0.084, and Mean Deviation of 0.0748 to double-check if the risk estimate we provide is consistent with the expected return of 0.0149%. The fund shows a Beta (market volatility) of 0.0072, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chartwell Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chartwell Short is expected to be smaller as well.
Auto-correlation | 0.30 |
Below average predictability
Chartwell Short Duration has below average predictability. Overlapping area represents the amount of predictability between Chartwell Short time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 Chartwell Short Duration price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Chartwell Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Chartwell Short Duration lagged returns against current returns
Autocorrelation, which is Chartwell Short 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 Chartwell Short's mutual fund expected returns. We can calculate the autocorrelation of Chartwell Short returns to help us make a trade decision. For example, suppose you find that Chartwell Short 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 |
Chartwell Short 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 Chartwell Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chartwell Short mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chartwell Short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Chartwell Short Lagged Returns
When evaluating Chartwell Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chartwell Short mutual fund have on its future price. Chartwell Short 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, Chartwell Short autocorrelation shows the relationship between Chartwell Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Chartwell Short Duration.
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 Chartwell Mutual Fund
Chartwell Short financial ratios help investors to determine whether Chartwell 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 Chartwell with respect to the benefits of owning Chartwell Short security.
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