Sa International Value Fund Market Value
| SAHMX Fund | USD 13.59 0.14 1.04% |
| Symbol | SAHMX |
Sa International '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 International'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 International.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Sa International on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Sa International Value or generate 0.0% return on investment in Sa International over 360 days. Sa International is related to or competes with Sa Us, Sa Emerging, Sa International, Sa Us, Sa Real, Sa Us, and Sa Us. The fund is designed to purchase securities of large non-U.S More
Sa International 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 International'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 International Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 3.26 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.36 |
Sa International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sa International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sa International's standard deviation. In reality, there are many statistical measures that can use Sa International historical prices to predict the future Sa International's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.32) |
Sa International Value Backtested Returns
Sa International Value retains Efficiency (Sharpe Ratio) of -0.043, which indicates the fund had a -0.043% return per unit of price deviation over the last 3 months. Sa International exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sa International's Standard Deviation of 0.7487, mean deviation of 0.5816, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sa International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sa International is expected to be smaller as well.
Auto-correlation | 0.36 |
Below average predictability
Sa International Value has below average predictability. Overlapping area represents the amount of predictability between Sa International time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 International Value price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Sa International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Sa International Value lagged returns against current returns
Autocorrelation, which is Sa International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Sa International returns to help us make a trade decision. For example, suppose you find that Sa International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sa International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sa International Lagged Returns
When evaluating Sa International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sa International mutual fund have on its future price. Sa International 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 International autocorrelation shows the relationship between Sa International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sa International 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 SAHMX Mutual Fund
Sa International financial ratios help investors to determine whether SAHMX 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 SAHMX with respect to the benefits of owning Sa International security.
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