Carillon Reams Core Fund Market Value
| SCPDX Fund | USD 29.39 0.01 0.03% |
| Symbol | Carillon |
Carillon Reams '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 Carillon Reams' 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 Carillon Reams.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Carillon Reams on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Carillon Reams Core or generate 0.0% return on investment in Carillon Reams over 30 days. Carillon Reams is related to or competes with Metropolitan West, Pimco Total, Total Return, Total Return, Total Return, Strategic Advisers, and Dodge Cox. Under normal circumstances, the fund invests at least 80 percent of its net assets in bonds of varying maturities, inclu... More
Carillon Reams 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 Carillon Reams' 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 Carillon Reams Core upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.45) | |||
| Maximum Drawdown | 1.39 | |||
| Value At Risk | (0.64) | |||
| Potential Upside | 0.5023 |
Carillon Reams Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carillon Reams' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carillon Reams' standard deviation. In reality, there are many statistical measures that can use Carillon Reams historical prices to predict the future Carillon Reams' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.6522 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carillon Reams' 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.
Carillon Reams Core Backtested Returns
Carillon Reams Core secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the fund had a -0.11% return per unit of risk over the last 3 months. Carillon Reams Core exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carillon Reams' Mean Deviation of 0.2369, standard deviation of 0.3141, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of -0.0654, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Carillon Reams are expected to decrease at a much lower rate. During the bear market, Carillon Reams is likely to outperform the market.
Auto-correlation | 0.49 |
Average predictability
Carillon Reams Core has average predictability. Overlapping area represents the amount of predictability between Carillon Reams 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 Carillon Reams Core price movement. The serial correlation of 0.49 indicates that about 49.0% of current Carillon Reams price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Carillon Reams Core lagged returns against current returns
Autocorrelation, which is Carillon Reams 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 Carillon Reams' mutual fund expected returns. We can calculate the autocorrelation of Carillon Reams returns to help us make a trade decision. For example, suppose you find that Carillon Reams 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 |
Carillon Reams 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 Carillon Reams mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carillon Reams mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carillon Reams mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Carillon Reams Lagged Returns
When evaluating Carillon Reams' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carillon Reams mutual fund have on its future price. Carillon Reams 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, Carillon Reams autocorrelation shows the relationship between Carillon Reams mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Carillon Reams Core.
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 Carillon Mutual Fund
Carillon Reams financial ratios help investors to determine whether Carillon 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 Carillon with respect to the benefits of owning Carillon Reams security.
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