Clearbridge Aggressive Growth Fund Market Value
| SAGYX Fund | USD 159.11 0.37 0.23% |
| Symbol | Clearbridge |
Clearbridge Aggressive '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 Aggressive'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 Aggressive.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Clearbridge Aggressive on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Clearbridge Aggressive Growth or generate 0.0% return on investment in Clearbridge Aggressive over 90 days. Clearbridge Aggressive is related to or competes with Clearbridge Appreciation, Clearbridge Dividend, Clearbridge Mid, and Clearbridge Large. The fund invests primarily in common stocks of companies the portfolio managers believe are experiencing, or will experi... More
Clearbridge Aggressive 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 Aggressive'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 Aggressive Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | 0.0443 | |||
| Maximum Drawdown | 4.83 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.56 |
Clearbridge Aggressive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge Aggressive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge Aggressive's standard deviation. In reality, there are many statistical measures that can use Clearbridge Aggressive historical prices to predict the future Clearbridge Aggressive's volatility.| Risk Adjusted Performance | 0.1362 | |||
| Jensen Alpha | 0.0329 | |||
| Total Risk Alpha | 0.0098 | |||
| Sortino Ratio | 0.0406 | |||
| Treynor Ratio | 0.1489 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clearbridge Aggressive'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 Aggressive Backtested Returns
At this stage we consider Clearbridge Mutual Fund to be very steady. Clearbridge Aggressive secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the fund had a 0.2% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Clearbridge Aggressive Growth, which you can use to evaluate the volatility of the entity. Please confirm Clearbridge Aggressive's risk adjusted performance of 0.1362, and Mean Deviation of 0.7439 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. The fund shows a Beta (market volatility) of 1.09, which signifies a somewhat significant risk relative to the market. Clearbridge Aggressive returns are very sensitive to returns on the market. As the market goes up or down, Clearbridge Aggressive is expected to follow.
Auto-correlation | 0.76 |
Good predictability
Clearbridge Aggressive Growth has good predictability. Overlapping area represents the amount of predictability between Clearbridge Aggressive time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Aggressive price movement. The serial correlation of 0.76 indicates that around 76.0% of current Clearbridge Aggressive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 14.87 |
Clearbridge Aggressive lagged returns against current returns
Autocorrelation, which is Clearbridge Aggressive 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 Aggressive's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge Aggressive returns to help us make a trade decision. For example, suppose you find that Clearbridge Aggressive 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 Aggressive 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 Aggressive mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge Aggressive 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 Aggressive mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clearbridge Aggressive Lagged Returns
When evaluating Clearbridge Aggressive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge Aggressive mutual fund have on its future price. Clearbridge Aggressive 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 Aggressive autocorrelation shows the relationship between Clearbridge Aggressive mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge Aggressive Growth.
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 Aggressive 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 Aggressive security.
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