Clearbridge International Value Fund Market Value
| SBICX Fund | USD 8.42 0.12 1.45% |
| Symbol | Clearbridge |
Clearbridge 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 Clearbridge 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 Clearbridge International.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Clearbridge International on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Clearbridge International Value or generate 0.0% return on investment in Clearbridge International over 180 days. Clearbridge International is related to or competes with Clearbridge Aggressive, Clearbridge Small, Qs International, Clearbridge Appreciation, Legg Mason, Western Asset, and Western Asset. The fund invests primarily in equity securities of foreign companies More
Clearbridge 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 Clearbridge 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 Clearbridge International Value upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 4.61 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.3 |
Clearbridge International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge International's standard deviation. In reality, there are many statistical measures that can use Clearbridge International historical prices to predict the future Clearbridge International's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clearbridge International'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 International Backtested Returns
Clearbridge International secures Sharpe Ratio (or Efficiency) of -0.0604, which signifies that the fund had a -0.0604% return per unit of standard deviation over the last 3 months. Clearbridge International Value exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clearbridge International's mean deviation of 0.7033, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Clearbridge International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Clearbridge International is expected to be smaller as well.
Auto-correlation | -0.44 |
Modest reverse predictability
Clearbridge International Value has modest reverse predictability. Overlapping area represents the amount of predictability between Clearbridge International time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 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 Clearbridge International price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Clearbridge International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Clearbridge International lagged returns against current returns
Autocorrelation, which is Clearbridge 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 Clearbridge International's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge International returns to help us make a trade decision. For example, suppose you find that Clearbridge 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 |
Clearbridge 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 Clearbridge International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clearbridge 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 Clearbridge International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Clearbridge International Lagged Returns
When evaluating Clearbridge International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clearbridge International mutual fund have on its future price. Clearbridge 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, Clearbridge International autocorrelation shows the relationship between Clearbridge International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Clearbridge 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 Clearbridge Mutual Fund
Clearbridge International 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 International security.
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