Conservative Balanced Allocation Fund Market Value
| SCAAX Fund | USD 11.48 0.02 0.17% |
| Symbol | Conservative |
Conservative 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 Conservative 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 Conservative Balanced.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Conservative Balanced on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Conservative Balanced Allocation or generate 0.0% return on investment in Conservative Balanced over 30 days. Conservative Balanced is related to or competes with Vanguard Wellesley, Vanguard Wellesley, ABIVAX Socit, SCOR PK, HUMANA, Small Cap, and Morningstar Unconstrained. The Portfolios main investment strategy is to invest in other Saratoga Advantage Trust mutual funds andor unaffiliated r... More
Conservative 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 Conservative 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 Conservative Balanced Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3792 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 1.41 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.703 |
Conservative Balanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Conservative Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Conservative Balanced's standard deviation. In reality, there are many statistical measures that can use Conservative Balanced historical prices to predict the future Conservative Balanced's volatility.| Risk Adjusted Performance | 0.068 | |||
| Jensen Alpha | 0.0275 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 4.59 |
Conservative Balanced Backtested Returns
At this stage we consider Conservative Mutual Fund to be very steady. Conservative Balanced secures Sharpe Ratio (or Efficiency) of 0.0835, which signifies that the fund had a 0.0835% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Conservative Balanced Allocation, which you can use to evaluate the volatility of the entity. Please confirm Conservative Balanced's Downside Deviation of 0.3792, mean deviation of 0.286, and Risk Adjusted Performance of 0.068 to double-check if the risk estimate we provide is consistent with the expected return of 0.0299%. The fund shows a Beta (market volatility) of 0.0061, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Conservative Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Conservative Balanced is expected to be smaller as well.
Auto-correlation | 0.17 |
Very weak predictability
Conservative Balanced Allocation has very weak predictability. Overlapping area represents the amount of predictability between Conservative Balanced 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 Conservative Balanced price movement. The serial correlation of 0.17 indicates that over 17.0% of current Conservative Balanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Conservative Balanced lagged returns against current returns
Autocorrelation, which is Conservative 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 Conservative Balanced's mutual fund expected returns. We can calculate the autocorrelation of Conservative Balanced returns to help us make a trade decision. For example, suppose you find that Conservative 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 |
Conservative 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 Conservative Balanced mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Conservative 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 Conservative Balanced mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Conservative Balanced Lagged Returns
When evaluating Conservative Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Conservative Balanced mutual fund have on its future price. Conservative 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, Conservative Balanced autocorrelation shows the relationship between Conservative Balanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Conservative Balanced Allocation.
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 Conservative Mutual Fund
Conservative Balanced financial ratios help investors to determine whether Conservative 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 Conservative with respect to the benefits of owning Conservative Balanced security.
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