Clearbridge Value Trust Fund Market Value
| LMNVX Fund | USD 143.32 0.16 0.11% |
| Symbol | Clearbridge |
Clearbridge Value '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 Value'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 Value.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Clearbridge Value on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Clearbridge Value Trust or generate 0.0% return on investment in Clearbridge Value over 180 days. Clearbridge Value is related to or competes with Blackrock, Aig Government, Dunham Corporate/govern, Us Government, Prudential Government, and Us Government. The fund invests primarily in equity securities that, in the portfolio managers opinion, offer the potential for capital... More
Clearbridge Value 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 Value'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 Value Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7116 | |||
| Information Ratio | 0.0285 | |||
| Maximum Drawdown | 4.51 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 1.38 |
Clearbridge Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge Value's standard deviation. In reality, there are many statistical measures that can use Clearbridge Value historical prices to predict the future Clearbridge Value's volatility.| Risk Adjusted Performance | 0.1443 | |||
| Jensen Alpha | 0.0269 | |||
| Total Risk Alpha | 0.0149 | |||
| Sortino Ratio | 0.0327 | |||
| Treynor Ratio | 0.1482 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clearbridge Value'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 Value Trust Backtested Returns
At this stage we consider Clearbridge Mutual Fund to be very steady. Clearbridge Value Trust secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Clearbridge Value Trust, which you can use to evaluate the volatility of the entity. Please confirm Clearbridge Value's mean deviation of 0.5817, and Risk Adjusted Performance of 0.1443 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. The fund shows a Beta (market volatility) of 0.97, which signifies possible diversification benefits within a given portfolio. Clearbridge Value returns are very sensitive to returns on the market. As the market goes up or down, Clearbridge Value is expected to follow.
Auto-correlation | 0.15 |
Insignificant predictability
Clearbridge Value Trust has insignificant predictability. Overlapping area represents the amount of predictability between Clearbridge Value time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 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 Clearbridge Value Trust price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Clearbridge Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 21.54 |
Clearbridge Value Trust lagged returns against current returns
Autocorrelation, which is Clearbridge Value 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 Value's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge Value returns to help us make a trade decision. For example, suppose you find that Clearbridge Value 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 Value 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 Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge Value 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 Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clearbridge Value Lagged Returns
When evaluating Clearbridge Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge Value mutual fund have on its future price. Clearbridge Value 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 Value autocorrelation shows the relationship between Clearbridge Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge Value Trust.
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 Value 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 Value security.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |