Hussman Strategic Allocation Fund Market Value
| HSAFX Fund | USD 9.53 0.01 0.10% |
| Symbol | Hussman |
Hussman Strategic '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 Hussman Strategic'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 Hussman Strategic.
| 03/05/2024 |
| 11/30/2024 |
If you would invest 0.00 in Hussman Strategic on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding Hussman Strategic Allocation or generate 0.0% return on investment in Hussman Strategic over 270 days. Hussman Strategic is related to or competes with Transamerica Intermediate, Blrc Sgy, Calamos Short-term, Ab Bond, California Bond, Artisan High, and T Rowe. The fund pursues its investment objective by investing its assets primarily in common stocks, bonds, and cash equivalent... More
Hussman Strategic 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 Hussman Strategic'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 Hussman Strategic Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3171 | |||
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 1.71 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.6452 |
Hussman Strategic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hussman Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hussman Strategic's standard deviation. In reality, there are many statistical measures that can use Hussman Strategic historical prices to predict the future Hussman Strategic's volatility.| Risk Adjusted Performance | 0.0871 | |||
| Jensen Alpha | 0.0335 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.29) | |||
| Treynor Ratio | 7.58 |
Hussman Strategic Backtested Returns
At this stage we consider Hussman Mutual Fund to be very steady. Hussman Strategic holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hussman Strategic, which you can use to evaluate the volatility of the entity. Please check out Hussman Strategic's Market Risk Adjusted Performance of 7.59, risk adjusted performance of 0.0871, and Downside Deviation of 0.3171 to validate if the risk estimate we provide is consistent with the expected return of 0.0421%. The fund retains a Market Volatility (i.e., Beta) of 0.0045, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hussman Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hussman Strategic is expected to be smaller as well.
Auto-correlation | -0.44 |
Modest reverse predictability
Hussman Strategic Allocation has modest reverse predictability. Overlapping area represents the amount of predictability between Hussman Strategic time series from 5th of March 2024 to 18th of July 2024 and 18th of July 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 Hussman Strategic price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Hussman Strategic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hussman Strategic lagged returns against current returns
Autocorrelation, which is Hussman Strategic 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 Hussman Strategic's mutual fund expected returns. We can calculate the autocorrelation of Hussman Strategic returns to help us make a trade decision. For example, suppose you find that Hussman Strategic 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 |
Hussman Strategic 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 Hussman Strategic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hussman Strategic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hussman Strategic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Hussman Strategic Lagged Returns
When evaluating Hussman Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hussman Strategic mutual fund have on its future price. Hussman Strategic 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, Hussman Strategic autocorrelation shows the relationship between Hussman Strategic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Hussman Strategic Allocation.
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 Hussman Mutual Fund
Hussman Strategic financial ratios help investors to determine whether Hussman 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 Hussman with respect to the benefits of owning Hussman Strategic security.
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