Strategic Alternatives Fund Market Value
| GFSYX Fund | USD 9.92 0.01 0.10% |
| Symbol | Strategic |
Strategic Alternatives '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 Alternatives' 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 Alternatives.
| 02/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Strategic Alternatives on February 9, 2023 and sell it all today you would earn a total of 0.00 from holding Strategic Alternatives Fund or generate 0.0% return on investment in Strategic Alternatives over 660 days. Strategic Alternatives is related to or competes with Growth Allocation, Defensive Market, Defensive Market, Value Equity, Value Equity, Guidestone Value, and Guidestone Value. The fund pursues its investment objective by utilizing alternative or non-traditional principal investment strategies, m... More
Strategic Alternatives 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 Alternatives' 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 Alternatives Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1648 | |||
| Information Ratio | (0.60) | |||
| Maximum Drawdown | 1.22 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.2056 |
Strategic Alternatives Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Strategic Alternatives' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strategic Alternatives' standard deviation. In reality, there are many statistical measures that can use Strategic Alternatives historical prices to predict the future Strategic Alternatives' volatility.| Risk Adjusted Performance | 0.1084 | |||
| Jensen Alpha | 0.0121 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.64) | |||
| Treynor Ratio | 0.275 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Strategic Alternatives' 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.
Strategic Alternatives Backtested Returns
At this stage we consider Strategic Mutual Fund to be very steady. Strategic Alternatives owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Strategic Alternatives Fund, which you can use to evaluate the volatility of the fund. Please validate Strategic Alternatives' Downside Deviation of 0.1648, risk adjusted performance of 0.1084, and Standard Deviation of 0.1753 to confirm if the risk estimate we provide is consistent with the expected return of 0.0272%. The entity has a beta of 0.0821, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Strategic Alternatives' returns are expected to increase less than the market. However, during the bear market, the loss of holding Strategic Alternatives is expected to be smaller as well.
Auto-correlation | 0.36 |
Below average predictability
Strategic Alternatives Fund has below average predictability. Overlapping area represents the amount of predictability between Strategic Alternatives time series from 9th of February 2023 to 5th of January 2024 and 5th of January 2024 to 30th 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 Alternatives price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Strategic Alternatives price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Strategic Alternatives lagged returns against current returns
Autocorrelation, which is Strategic Alternatives 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 Alternatives' mutual fund expected returns. We can calculate the autocorrelation of Strategic Alternatives returns to help us make a trade decision. For example, suppose you find that Strategic Alternatives 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 Alternatives 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 Alternatives mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Strategic Alternatives 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 Alternatives mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Strategic Alternatives Lagged Returns
When evaluating Strategic Alternatives' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strategic Alternatives mutual fund have on its future price. Strategic Alternatives 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 Alternatives autocorrelation shows the relationship between Strategic Alternatives mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Strategic Alternatives Fund.
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 Alternatives 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 Alternatives security.
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