Shelton Green Alpha Fund Market Value
| NEXIX Fund | USD 33.83 0.23 0.68% |
| Symbol | Shelton |
Shelton Green '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 Shelton Green'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 Shelton Green.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Shelton Green on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Shelton Green Alpha or generate 0.0% return on investment in Shelton Green over 180 days. Shelton Green is related to or competes with Barings Active, Ambrus Core, Nebraska Municipal, Touchstone Ohio, California Bond, and Rbc Bluebay. Under normal market conditions, the fund invests 80 percent of the net assets of the fund in equities of Sustainable com... More
Shelton Green 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 Shelton Green'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 Shelton Green Alpha upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9506 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.88 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.46 |
Shelton Green Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shelton Green's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shelton Green's standard deviation. In reality, there are many statistical measures that can use Shelton Green historical prices to predict the future Shelton Green's volatility.| Risk Adjusted Performance | 0.0472 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0522 |
Shelton Green Alpha Backtested Returns
At this stage we consider Shelton Mutual Fund to be very steady. Shelton Green Alpha owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0704, which indicates the fund had a 0.0704% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shelton Green Alpha, which you can use to evaluate the volatility of the fund. Please validate Shelton Green's Risk Adjusted Performance of 0.0472, coefficient of variation of 1681.34, and Semi Deviation of 0.8758 to confirm if the risk estimate we provide is consistent with the expected return of 0.0661%. The entity has a beta of 0.87, which indicates possible diversification benefits within a given portfolio. Shelton Green returns are very sensitive to returns on the market. As the market goes up or down, Shelton Green is expected to follow.
Auto-correlation | -0.23 |
Weak reverse predictability
Shelton Green Alpha has weak reverse predictability. Overlapping area represents the amount of predictability between Shelton Green 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 Shelton Green Alpha price movement. The serial correlation of -0.23 indicates that over 23.0% of current Shelton Green price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Shelton Green Alpha lagged returns against current returns
Autocorrelation, which is Shelton Green 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 Shelton Green's mutual fund expected returns. We can calculate the autocorrelation of Shelton Green returns to help us make a trade decision. For example, suppose you find that Shelton Green 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 |
Shelton Green 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 Shelton Green mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shelton Green mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shelton Green mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Shelton Green Lagged Returns
When evaluating Shelton Green's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shelton Green mutual fund have on its future price. Shelton Green 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, Shelton Green autocorrelation shows the relationship between Shelton Green mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Shelton Green Alpha.
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 Shelton Mutual Fund
Shelton Green financial ratios help investors to determine whether Shelton 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 Shelton with respect to the benefits of owning Shelton Green security.
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