Sdit Short Duration Fund Market Value
| SDGFX Fund | USD 10.05 0.01 0.1% |
| Symbol | Sdit |
Sdit Short '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 Sdit Short'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 Sdit Short.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Sdit Short on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Sdit Short Duration or generate 0.0% return on investment in Sdit Short over 30 days. Sdit Short is related to or competes with Vanguard Short, Vanguard Short-term, Fidelity Short, and Eaton Vance. Normally, the fund invests substantially all of its net assets in U.S More
Sdit Short 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 Sdit Short'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 Sdit Short Duration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1487 | |||
| Information Ratio | (0.67) | |||
| Maximum Drawdown | 0.5962 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.1992 |
Sdit Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sdit Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sdit Short's standard deviation. In reality, there are many statistical measures that can use Sdit Short historical prices to predict the future Sdit Short's volatility.| Risk Adjusted Performance | 0.0232 | |||
| Jensen Alpha | 0.0015 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.56) | |||
| Treynor Ratio | 0.2543 |
Sdit Short Duration Backtested Returns
At this stage we consider Sdit Mutual Fund to be very steady. Sdit Short Duration owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0645, which indicates the fund had a 0.0645% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Sdit Short Duration, which you can use to evaluate the volatility of the fund. Please validate Sdit Short's Risk Adjusted Performance of 0.0232, downside deviation of 0.1487, and Standard Deviation of 0.1251 to confirm if the risk estimate we provide is consistent with the expected return of 0.008%. The entity has a beta of 0.0086, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sdit Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sdit Short is expected to be smaller as well.
Auto-correlation | 0.24 |
Weak predictability
Sdit Short Duration has weak predictability. Overlapping area represents the amount of predictability between Sdit Short 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 Sdit Short Duration price movement. The serial correlation of 0.24 indicates that over 24.0% of current Sdit Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sdit Short Duration lagged returns against current returns
Autocorrelation, which is Sdit Short 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 Sdit Short's mutual fund expected returns. We can calculate the autocorrelation of Sdit Short returns to help us make a trade decision. For example, suppose you find that Sdit Short 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 |
Sdit Short 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 Sdit Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sdit Short mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sdit Short mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sdit Short Lagged Returns
When evaluating Sdit Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sdit Short mutual fund have on its future price. Sdit Short 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, Sdit Short autocorrelation shows the relationship between Sdit Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sdit Short Duration.
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 Sdit Mutual Fund
Sdit Short financial ratios help investors to determine whether Sdit 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 Sdit with respect to the benefits of owning Sdit Short security.
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