Sa Global Fixed Fund Market Value
| SAXIX Fund | USD 8.90 0.03 0.34% |
| Symbol | SAXIX |
Sa Global '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 Global'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 Global.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Sa Global on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Sa Global Fixed or generate 0.0% return on investment in Sa Global over 30 days. Sa Global is related to or competes with Sa Us, Sa Emerging, Sa International, Sa International, Sa Us, Sa Real, and Sa Us. The fund primarily invests in fixed income securities that mature between one and ten years from the date of settlement More
Sa Global 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 Global'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 Global Fixed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1367 | |||
| Information Ratio | (1.09) | |||
| Maximum Drawdown | 0.4521 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.1136 |
Sa Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sa Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sa Global's standard deviation. In reality, there are many statistical measures that can use Sa Global historical prices to predict the future Sa Global's volatility.| Risk Adjusted Performance | 0.0596 | |||
| Jensen Alpha | 0.0067 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.88) | |||
| Treynor Ratio | 1.8 |
Sa Global Fixed Backtested Returns
At this stage we consider SAXIX Mutual Fund to be very steady. Sa Global Fixed 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-six technical indicators for Sa Global, which you can use to evaluate the volatility of the fund. Please validate Sa Global's Risk Adjusted Performance of 0.0596, coefficient of variation of 644.72, and Mean Deviation of 0.084 to confirm if the risk estimate we provide is consistent with the expected return of 0.016%. The entity owns a Beta (Systematic Risk) of 0.004, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sa Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sa Global is expected to be smaller as well.
Auto-correlation | 0.21 |
Weak predictability
Sa Global Fixed has weak predictability. Overlapping area represents the amount of predictability between Sa Global time series from 1st of November 2024 to 16th of November 2024 and 16th of November 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 Global Fixed price movement. The serial correlation of 0.21 indicates that over 21.0% of current Sa Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sa Global Fixed lagged returns against current returns
Autocorrelation, which is Sa Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Sa Global returns to help us make a trade decision. For example, suppose you find that Sa Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sa Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sa Global Lagged Returns
When evaluating Sa Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sa Global mutual fund have on its future price. Sa Global 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 Global autocorrelation shows the relationship between Sa Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sa Global Fixed.
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 SAXIX Mutual Fund
Sa Global financial ratios help investors to determine whether SAXIX 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 SAXIX with respect to the benefits of owning Sa Global security.
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