1919 Financial Services Fund Market Value
| SBFAX Fund | USD 33.26 0.34 1.01% |
| Symbol | 1919 |
1919 Financial '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 1919 Financial'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 1919 Financial.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in 1919 Financial on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding 1919 Financial Services or generate 0.0% return on investment in 1919 Financial over 30 days. 1919 Financial is related to or competes with Maryland Short-term, Calvert Short, Short-intermediate, Siit Ultra, Guggenheim Long, Barings Active, and Nuveen Short. The fund normally invests at least 80 percent of its net assets in equity securities of issuers in the financial service... More
1919 Financial 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 1919 Financial'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 1919 Financial Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8282 | |||
| Information Ratio | 0.1032 | |||
| Maximum Drawdown | 8.6 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.73 |
1919 Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1919 Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1919 Financial's standard deviation. In reality, there are many statistical measures that can use 1919 Financial historical prices to predict the future 1919 Financial's volatility.| Risk Adjusted Performance | 0.1523 | |||
| Jensen Alpha | 0.2355 | |||
| Total Risk Alpha | 0.067 | |||
| Sortino Ratio | 0.1487 | |||
| Treynor Ratio | (1.73) |
1919 Financial Services Backtested Returns
1919 Financial appears to be very steady, given 3 months investment horizon. 1919 Financial Services retains Efficiency (Sharpe Ratio) of 0.16, which signifies that the fund had a 0.16% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 1919 Financial, which you can use to evaluate the volatility of the entity. Please makes use of 1919 Financial's Market Risk Adjusted Performance of (1.72), coefficient of variation of 512.97, and Standard Deviation of 1.19 to double-check if our risk estimates are consistent with your expectations. The entity owns a Beta (Systematic Risk) of -0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 1919 Financial are expected to decrease at a much lower rate. During the bear market, 1919 Financial is likely to outperform the market.
Auto-correlation | 0.14 |
Insignificant predictability
1919 Financial Services has insignificant predictability. Overlapping area represents the amount of predictability between 1919 Financial time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 1919 Financial Services price movement. The serial correlation of 0.14 indicates that less than 14.0% of current 1919 Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
1919 Financial Services lagged returns against current returns
Autocorrelation, which is 1919 Financial 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 1919 Financial's mutual fund expected returns. We can calculate the autocorrelation of 1919 Financial returns to help us make a trade decision. For example, suppose you find that 1919 Financial 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 |
1919 Financial 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 1919 Financial mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1919 Financial mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1919 Financial mutual fund over time.
Current vs Lagged Prices |
| Timeline |
1919 Financial Lagged Returns
When evaluating 1919 Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1919 Financial mutual fund have on its future price. 1919 Financial 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, 1919 Financial autocorrelation shows the relationship between 1919 Financial mutual fund current value and its past values and can show if there is a momentum factor associated with investing in 1919 Financial Services.
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 1919 Mutual Fund
1919 Financial financial ratios help investors to determine whether 1919 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 1919 with respect to the benefits of owning 1919 Financial security.
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