Sentinel Multi Asset Income Fund Market Value
| SCSIX Fund | USD 52.79 0.33 0.62% |
| Symbol | Sentinel |
Sentinel Multi-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 Sentinel Multi-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 Sentinel Multi-asset.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Sentinel Multi-asset on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Sentinel Multi Asset Income or generate 0.0% return on investment in Sentinel Multi-asset over 30 days. Sentinel Multi-asset is related to or competes with Invesco Gold, James Balanced:, Gold Portfolio, First Eagle, Gabelli Gold, Franklin Gold, and International Investors. To pursue its investment objective, the fund will invest, under normal circumstances, at least 80 percent of its net ass... More
Sentinel Multi-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 Sentinel Multi-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 Sentinel Multi Asset Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.0 | |||
| Information Ratio | 0.0261 | |||
| Maximum Drawdown | 6.88 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.85 |
Sentinel Multi-asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sentinel Multi-asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sentinel Multi-asset's standard deviation. In reality, there are many statistical measures that can use Sentinel Multi-asset historical prices to predict the future Sentinel Multi-asset's volatility.| Risk Adjusted Performance | 0.107 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0311 | |||
| Treynor Ratio | 0.1095 |
Sentinel Multi Asset Backtested Returns
At this stage we consider Sentinel Mutual Fund to be very steady. Sentinel Multi Asset owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sentinel Multi Asset Income, which you can use to evaluate the volatility of the fund. Please validate Sentinel Multi-asset's Risk Adjusted Performance of 0.107, semi deviation of 0.8316, and Coefficient Of Variation of 739.31 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. The entity has a beta of 1.38, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sentinel Multi-asset will likely underperform.
Auto-correlation | 0.89 |
Very good predictability
Sentinel Multi Asset Income has very good predictability. Overlapping area represents the amount of predictability between Sentinel Multi-asset time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Sentinel Multi Asset price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Sentinel Multi-asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
Sentinel Multi Asset lagged returns against current returns
Autocorrelation, which is Sentinel Multi-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 Sentinel Multi-asset's mutual fund expected returns. We can calculate the autocorrelation of Sentinel Multi-asset returns to help us make a trade decision. For example, suppose you find that Sentinel Multi-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 |
Sentinel Multi-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 Sentinel Multi-asset mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sentinel Multi-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 Sentinel Multi-asset mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sentinel Multi-asset Lagged Returns
When evaluating Sentinel Multi-asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sentinel Multi-asset mutual fund have on its future price. Sentinel Multi-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, Sentinel Multi-asset autocorrelation shows the relationship between Sentinel Multi-asset mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sentinel Multi Asset 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 Sentinel Mutual Fund
Sentinel Multi-asset financial ratios help investors to determine whether Sentinel 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 Sentinel with respect to the benefits of owning Sentinel Multi-asset security.
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