Sa Value Fund Market Value
| SABTX Fund | USD 24.07 0.12 0.50% |
| Symbol | SABTX |
Sa 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 Sa 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 Sa Value.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Sa Value on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Sa Value or generate 0.0% return on investment in Sa Value over 180 days. Sa Value is related to or competes with Sa Us, Sa Mkt, Sa International, Sa International, and Sa Global. The fund is designed to purchase a broad and diverse group of readily marketable equity securities of large and mid cap ... More
Sa 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 Sa 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 Sa Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6793 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.93 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.19 |
Sa Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sa Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sa Value's standard deviation. In reality, there are many statistical measures that can use Sa Value historical prices to predict the future Sa Value's volatility.| Risk Adjusted Performance | 0.1043 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1026 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sa 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.
Sa Value Backtested Returns
At this stage we consider SABTX Mutual Fund to be very steady. Sa Value retains Efficiency (Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Sa Value, which you can use to evaluate the volatility of the fund. Please validate Sa Value's Downside Deviation of 0.6793, mean deviation of 0.6188, and Risk Adjusted Performance of 0.1043 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The entity owns a Beta (Systematic Risk) of 1.01, which indicates a somewhat significant risk relative to the market. Sa Value returns are very sensitive to returns on the market. As the market goes up or down, Sa Value is expected to follow.
Auto-correlation | 0.70 |
Good predictability
Sa Value has good predictability. Overlapping area represents the amount of predictability between Sa Value time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Sa Value price movement. The serial correlation of 0.7 indicates that around 70.0% of current Sa Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Sa Value lagged returns against current returns
Autocorrelation, which is Sa 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 Sa Value's mutual fund expected returns. We can calculate the autocorrelation of Sa Value returns to help us make a trade decision. For example, suppose you find that Sa 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 |
Sa 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 Sa Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sa 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 Sa Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sa Value Lagged Returns
When evaluating Sa Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sa Value mutual fund have on its future price. Sa 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, Sa Value autocorrelation shows the relationship between Sa Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sa Value.
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 SABTX Mutual Fund
Sa Value financial ratios help investors to determine whether SABTX 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 SABTX with respect to the benefits of owning Sa Value security.
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