Simt Dynamic Asset Fund Market Value
| SDYYX Fund | USD 18.73 0.12 0.64% |
| Symbol | Simt |
Simt Dynamic '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 Simt Dynamic'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 Simt Dynamic.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Simt Dynamic on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Simt Dynamic Asset or generate 0.0% return on investment in Simt Dynamic over 390 days. Simt Dynamic is related to or competes with T Rowe, California Bond, Multisector Bond, Transamerica Intermediate, Franklin High, Ishares Municipal, and Bbh Intermediate. The funds manager employs a dynamic investment strategy seeking to achieve, over time, a total return in excess of the b... More
Simt Dynamic 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 Simt Dynamic'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 Simt Dynamic Asset upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9772 | |||
| Information Ratio | 0.0208 | |||
| Maximum Drawdown | 4.65 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.24 |
Simt Dynamic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simt Dynamic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simt Dynamic's standard deviation. In reality, there are many statistical measures that can use Simt Dynamic historical prices to predict the future Simt Dynamic's volatility.| Risk Adjusted Performance | 0.1126 | |||
| Jensen Alpha | 0.1236 | |||
| Total Risk Alpha | 0.0035 | |||
| Sortino Ratio | 0.0186 | |||
| Treynor Ratio | (1.97) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Simt Dynamic's 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.
Simt Dynamic Asset Backtested Returns
At this stage we consider Simt Mutual Fund to be very steady. Simt Dynamic Asset owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Simt Dynamic Asset, which you can use to evaluate the volatility of the fund. Please validate Simt Dynamic's Risk Adjusted Performance of 0.1126, coefficient of variation of 685.42, and Semi Deviation of 0.7486 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of -0.0596, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Simt Dynamic are expected to decrease at a much lower rate. During the bear market, Simt Dynamic is likely to outperform the market.
Auto-correlation | 0.56 |
Modest predictability
Simt Dynamic Asset has modest predictability. Overlapping area represents the amount of predictability between Simt Dynamic time series from 29th of October 2023 to 11th of May 2024 and 11th of May 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 Simt Dynamic Asset price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Simt Dynamic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
Simt Dynamic Asset lagged returns against current returns
Autocorrelation, which is Simt Dynamic 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 Simt Dynamic's mutual fund expected returns. We can calculate the autocorrelation of Simt Dynamic returns to help us make a trade decision. For example, suppose you find that Simt Dynamic 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 |
Simt Dynamic 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 Simt Dynamic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simt Dynamic mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Simt Dynamic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Simt Dynamic Lagged Returns
When evaluating Simt Dynamic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simt Dynamic mutual fund have on its future price. Simt Dynamic 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, Simt Dynamic autocorrelation shows the relationship between Simt Dynamic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Simt Dynamic Asset.
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 Simt Mutual Fund
Simt Dynamic financial ratios help investors to determine whether Simt 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 Simt with respect to the benefits of owning Simt Dynamic security.
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