Sextant Bond Income Fund Market Value
| SBIFX Fund | USD 4.35 0.02 0.46% |
| Symbol | Sextant |
Sextant Bond '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 Sextant Bond'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 Sextant Bond.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Sextant Bond on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Sextant Bond Income or generate 0.0% return on investment in Sextant Bond over 150 days. Sextant Bond is related to or competes with Guidepath Conservative, Lord Abbett, Goldman Sachs, Vy(r) T, Conservative Balanced, Delaware Limited, and Federated Hermes. The fund invests at least 80 percent of its net assets in bonds, including corporate and government bonds More
Sextant Bond 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 Sextant Bond'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 Sextant Bond Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 1.64 | |||
| Value At Risk | (0.68) | |||
| Potential Upside | 0.6961 |
Sextant Bond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sextant Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sextant Bond's standard deviation. In reality, there are many statistical measures that can use Sextant Bond historical prices to predict the future Sextant Bond's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.26) |
Sextant Bond Income Backtested Returns
At this stage we consider Sextant Mutual Fund to be very steady. Sextant Bond Income owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the fund had a close to zero % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Sextant Bond Income, which you can use to evaluate the volatility of the fund. Please validate Sextant Bond's Coefficient Of Variation of (6,421), risk adjusted performance of (0.02), and Variance of 0.1573 to confirm if the risk estimate we provide is consistent with the expected return of 8.0E-4%. The entity has a beta of 0.0613, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sextant Bond's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sextant Bond is expected to be smaller as well.
Auto-correlation | 0.73 |
Good predictability
Sextant Bond Income has good predictability. Overlapping area represents the amount of predictability between Sextant Bond time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sextant Bond Income price movement. The serial correlation of 0.73 indicates that around 73.0% of current Sextant Bond price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sextant Bond Income lagged returns against current returns
Autocorrelation, which is Sextant Bond 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 Sextant Bond's mutual fund expected returns. We can calculate the autocorrelation of Sextant Bond returns to help us make a trade decision. For example, suppose you find that Sextant Bond 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 |
Sextant Bond 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 Sextant Bond mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sextant Bond mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sextant Bond mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sextant Bond Lagged Returns
When evaluating Sextant Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sextant Bond mutual fund have on its future price. Sextant Bond 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, Sextant Bond autocorrelation shows the relationship between Sextant Bond mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sextant Bond Income.
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 Sextant Mutual Fund
Sextant Bond financial ratios help investors to determine whether Sextant 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 Sextant with respect to the benefits of owning Sextant Bond security.
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