Sentinel Balanced Fund Market Value
| SBACX Fund | USD 28.53 0.18 0.63% |
| Symbol | Sentinel |
Sentinel Balanced '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 Sentinel Balanced'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 Sentinel Balanced.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Sentinel Balanced on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Sentinel Balanced Fund or generate 0.0% return on investment in Sentinel Balanced over 30 days. Sentinel Balanced is related to or competes with Sentinel Common, Sentinel International, Sentinel Small, and . The fund seeks to achieve its investment goal by investing primarily in a diversified portfolio of fixed-income and equi... More
Sentinel Balanced 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 Sentinel Balanced'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 Sentinel Balanced Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.534 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.32 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 0.7763 |
Sentinel Balanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sentinel Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sentinel Balanced's standard deviation. In reality, there are many statistical measures that can use Sentinel Balanced historical prices to predict the future Sentinel Balanced's volatility.| Risk Adjusted Performance | 0.0804 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.0899 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sentinel Balanced'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.
Sentinel Balanced Backtested Returns
At this stage we consider Sentinel Mutual Fund to be very steady. Sentinel Balanced owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sentinel Balanced Fund, which you can use to evaluate the volatility of the fund. Please validate Sentinel Balanced's Risk Adjusted Performance of 0.0804, coefficient of variation of 878.4, and Semi Deviation of 0.4068 to confirm if the risk estimate we provide is consistent with the expected return of 0.0565%. The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sentinel Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sentinel Balanced is expected to be smaller as well.
Auto-correlation | 0.20 |
Weak predictability
Sentinel Balanced Fund has weak predictability. Overlapping area represents the amount of predictability between Sentinel Balanced time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Sentinel Balanced price movement. The serial correlation of 0.2 indicates that over 20.0% of current Sentinel Balanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Sentinel Balanced lagged returns against current returns
Autocorrelation, which is Sentinel Balanced 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 Sentinel Balanced's mutual fund expected returns. We can calculate the autocorrelation of Sentinel Balanced returns to help us make a trade decision. For example, suppose you find that Sentinel Balanced 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 |
Sentinel Balanced 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 Sentinel Balanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sentinel Balanced mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sentinel Balanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sentinel Balanced Lagged Returns
When evaluating Sentinel Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sentinel Balanced mutual fund have on its future price. Sentinel Balanced 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, Sentinel Balanced autocorrelation shows the relationship between Sentinel Balanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sentinel Balanced Fund.
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 Sentinel Mutual Fund
Sentinel Balanced financial ratios help investors to determine whether Sentinel 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 Sentinel with respect to the benefits of owning Sentinel Balanced security.
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