Strategic Asset Management Fund Market Value
| SCBPX Fund | USD 17.13 0.07 0.41% |
| Symbol | Strategic |
Strategic Asset '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 Strategic Asset'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 Strategic Asset.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Strategic Asset on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Strategic Asset Management or generate 0.0% return on investment in Strategic Asset over 30 days. Strategic Asset is related to or competes with Adams Diversified, Blackrock Conservative, Aqr Diversified, Oppenheimer International, American Funds, Pimco Diversified, and Fidelity Advisor. The fund operates as funds of funds and generally invests between 20 percent and 60 percent of its assets in fixed-income funds, and less than 40 percent in any one fixed-income fund between 40 percent and 80 percent of its assets in equity funds, and less than 30 percent in any one equity fund and less than 20 percent of its assets in specialty funds, and less than 20 percent in any one specialty fund. More
Strategic Asset 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 Strategic Asset'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 Strategic Asset Management upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5258 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 1.99 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.7417 |
Strategic Asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Strategic Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strategic Asset's standard deviation. In reality, there are many statistical measures that can use Strategic Asset historical prices to predict the future Strategic Asset's volatility.| Risk Adjusted Performance | 0.0794 | |||
| Jensen Alpha | 0.0389 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 1.99 |
Strategic Asset Mana Backtested Returns
At this stage we consider Strategic Mutual Fund to be very steady. Strategic Asset Mana owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the fund had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Strategic Asset Management, which you can use to evaluate the volatility of the fund. Please validate Strategic Asset's Risk Adjusted Performance of 0.0794, semi deviation of 0.4167, and Coefficient Of Variation of 887.46 to confirm if the risk estimate we provide is consistent with the expected return of 0.0749%. The entity has a beta of 0.0209, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Strategic Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Strategic Asset is expected to be smaller as well.
Auto-correlation | 0.89 |
Very good predictability
Strategic Asset Management has very good predictability. Overlapping area represents the amount of predictability between Strategic Asset time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Strategic Asset Mana price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Strategic Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Strategic Asset Mana lagged returns against current returns
Autocorrelation, which is Strategic Asset 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 Strategic Asset's mutual fund expected returns. We can calculate the autocorrelation of Strategic Asset returns to help us make a trade decision. For example, suppose you find that Strategic Asset 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 |
Strategic Asset 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 Strategic Asset mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Strategic Asset mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Strategic Asset mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Strategic Asset Lagged Returns
When evaluating Strategic Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strategic Asset mutual fund have on its future price. Strategic Asset 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, Strategic Asset autocorrelation shows the relationship between Strategic Asset mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Strategic Asset Management.
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 Strategic Mutual Fund
Strategic Asset financial ratios help investors to determine whether Strategic 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 Strategic with respect to the benefits of owning Strategic Asset security.
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