Shelton Tactical Credit Fund Market Value
| DEBTX Fund | USD 10.20 0.02 0.20% |
| Symbol | Shelton |
Shelton Tactical '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 Shelton Tactical'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 Shelton Tactical.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Shelton Tactical on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Shelton Tactical Credit or generate 0.0% return on investment in Shelton Tactical over 30 days. Shelton Tactical is related to or competes with Shelton Emerging, Shelton Emerging, California Tax-free, Shelton Funds, Nasdaq-100 Index, Shelton Core, and Shelton Core. Under normal circumstances, the fund invests at least 80 percent of the value of its net assets, plus the amount of any ... More
Shelton Tactical 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 Shelton Tactical'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 Shelton Tactical Credit upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.58) | |||
| Maximum Drawdown | 1.07 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.295 |
Shelton Tactical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shelton Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shelton Tactical's standard deviation. In reality, there are many statistical measures that can use Shelton Tactical historical prices to predict the future Shelton Tactical's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.2863 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shelton Tactical'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.
Shelton Tactical Credit Backtested Returns
Shelton Tactical Credit owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0386, which indicates the fund had a -0.0386% return per unit of risk over the last 3 months. Shelton Tactical Credit exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shelton Tactical's Variance of 0.0522, risk adjusted performance of (0.03), and Coefficient Of Variation of (8,431) to confirm the risk estimate we provide. The entity has a beta of -0.0444, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shelton Tactical are expected to decrease at a much lower rate. During the bear market, Shelton Tactical is likely to outperform the market.
Auto-correlation | 0.37 |
Below average predictability
Shelton Tactical Credit has below average predictability. Overlapping area represents the amount of predictability between Shelton Tactical time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Shelton Tactical Credit price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Shelton Tactical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Shelton Tactical Credit lagged returns against current returns
Autocorrelation, which is Shelton Tactical 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 Shelton Tactical's mutual fund expected returns. We can calculate the autocorrelation of Shelton Tactical returns to help us make a trade decision. For example, suppose you find that Shelton Tactical 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 |
Shelton Tactical 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 Shelton Tactical mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shelton Tactical mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shelton Tactical mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Shelton Tactical Lagged Returns
When evaluating Shelton Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shelton Tactical mutual fund have on its future price. Shelton Tactical 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, Shelton Tactical autocorrelation shows the relationship between Shelton Tactical mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Shelton Tactical Credit.
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 Shelton Mutual Fund
Shelton Tactical financial ratios help investors to determine whether Shelton 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 Shelton with respect to the benefits of owning Shelton Tactical security.
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