Clearbridge Sustainability Fund Market Value
| LCSTX Fund | USD 28.15 0.16 0.57% |
| Symbol | Clearbridge |
Clearbridge Sustainability '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 Clearbridge Sustainability'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 Clearbridge Sustainability.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Clearbridge Sustainability on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Clearbridge Sustainability or generate 0.0% return on investment in Clearbridge Sustainability over 30 days. Clearbridge Sustainability is related to or competes with Clearbridge Aggressive, Clearbridge Small, Qs International, Clearbridge Appreciation, Legg Mason, Western Asset, and Western Asset. Under normal circumstances, the fund seeks to meet its investment objective by investing substantially all of its assets... More
Clearbridge Sustainability 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 Clearbridge Sustainability'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 Clearbridge Sustainability upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6911 | |||
| Information Ratio | 0.0043 | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 0.9374 |
Clearbridge Sustainability Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge Sustainability's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge Sustainability's standard deviation. In reality, there are many statistical measures that can use Clearbridge Sustainability historical prices to predict the future Clearbridge Sustainability's volatility.| Risk Adjusted Performance | 0.1373 | |||
| Jensen Alpha | 0.1089 | |||
| Total Risk Alpha | 0.0118 | |||
| Sortino Ratio | 0.0041 | |||
| Treynor Ratio | 1.59 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clearbridge Sustainability'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.
Clearbridge Sustainability Backtested Returns
At this stage we consider Clearbridge Mutual Fund to be very steady. Clearbridge Sustainability secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Clearbridge Sustainability, which you can use to evaluate the volatility of the entity. Please confirm Clearbridge Sustainability's mean deviation of 0.5011, and Risk Adjusted Performance of 0.1373 to double-check if the risk estimate we provide is consistent with the expected return of 0.0891%. The fund shows a Beta (market volatility) of 0.0738, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Clearbridge Sustainability's returns are expected to increase less than the market. However, during the bear market, the loss of holding Clearbridge Sustainability is expected to be smaller as well.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Clearbridge Sustainability has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Clearbridge Sustainability time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 Clearbridge Sustainability price movement. The serial correlation of -0.76 indicates that around 76.0% of current Clearbridge Sustainability price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Clearbridge Sustainability lagged returns against current returns
Autocorrelation, which is Clearbridge Sustainability 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 Clearbridge Sustainability's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge Sustainability returns to help us make a trade decision. For example, suppose you find that Clearbridge Sustainability 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 |
Clearbridge Sustainability 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 Clearbridge Sustainability mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge Sustainability mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clearbridge Sustainability mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clearbridge Sustainability Lagged Returns
When evaluating Clearbridge Sustainability's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge Sustainability mutual fund have on its future price. Clearbridge Sustainability 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, Clearbridge Sustainability autocorrelation shows the relationship between Clearbridge Sustainability mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge Sustainability.
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 Clearbridge Mutual Fund
Clearbridge Sustainability financial ratios help investors to determine whether Clearbridge 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 Clearbridge with respect to the benefits of owning Clearbridge Sustainability security.
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