Strategic Advisers Income Fund Market Value
| FPIOX Fund | USD 8.85 0.02 0.23% |
| Symbol | Strategic |
Strategic Advisers '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 Strategic Advisers' 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 Strategic Advisers.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Strategic Advisers on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Strategic Advisers Income or generate 0.0% return on investment in Strategic Advisers over 720 days. Strategic Advisers is related to or competes with American Funds, Lifestyle, Hartford Moderate, Transamerica Cleartrack, and Franklin Moderate. The fund normally invests primarily in income-producing debt securities, preferred stocks, and convertible securities, w... More
Strategic Advisers 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 Strategic Advisers' 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 Strategic Advisers Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1798 | |||
| Information Ratio | (0.64) | |||
| Maximum Drawdown | 0.7965 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.2315 |
Strategic Advisers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Strategic Advisers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strategic Advisers' standard deviation. In reality, there are many statistical measures that can use Strategic Advisers historical prices to predict the future Strategic Advisers' volatility.| Risk Adjusted Performance | 0.1555 | |||
| Jensen Alpha | 0.0266 | |||
| Total Risk Alpha | 0.0048 | |||
| Sortino Ratio | (0.52) | |||
| Treynor Ratio | 3.11 |
Strategic Advisers Income Backtested Returns
At this stage we consider Strategic Mutual Fund to be very steady. Strategic Advisers Income owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the fund had a 0.26% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Strategic Advisers Income, which you can use to evaluate the volatility of the fund. Please validate Strategic Advisers' Downside Deviation of 0.1798, standard deviation of 0.1452, and Risk Adjusted Performance of 0.1555 to confirm if the risk estimate we provide is consistent with the expected return of 0.0376%. The entity has a beta of 0.0089, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Strategic Advisers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Strategic Advisers is expected to be smaller as well.
Auto-correlation | 0.74 |
Good predictability
Strategic Advisers Income has good predictability. Overlapping area represents the amount of predictability between Strategic Advisers time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Strategic Advisers Income price movement. The serial correlation of 0.74 indicates that around 74.0% of current Strategic Advisers price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Strategic Advisers Income lagged returns against current returns
Autocorrelation, which is Strategic Advisers 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 Strategic Advisers' mutual fund expected returns. We can calculate the autocorrelation of Strategic Advisers returns to help us make a trade decision. For example, suppose you find that Strategic Advisers 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 |
Strategic Advisers 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 Strategic Advisers mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Strategic Advisers mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Strategic Advisers mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Strategic Advisers Lagged Returns
When evaluating Strategic Advisers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strategic Advisers mutual fund have on its future price. Strategic Advisers 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, Strategic Advisers autocorrelation shows the relationship between Strategic Advisers mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Strategic Advisers Income.
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 Strategic Mutual Fund
Strategic Advisers financial ratios help investors to determine whether Strategic 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 Strategic with respect to the benefits of owning Strategic Advisers security.
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