Sdit Ultra Short Fund Market Value
| SECYX Fund | USD 9.34 0.00 0.00% |
| Symbol | Sdit |
Sdit Ultra '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 Ultra'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 Ultra.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Sdit Ultra on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Sdit Ultra Short or generate 0.0% return on investment in Sdit Ultra over 30 days. Sdit Ultra is related to or competes with Simt Multi-asset, Saat Market, Simt Real, Simt Small, Siit Screened, Saat Aggressive, and Saat Aggressive. The fund invests at least 80 percent of its net assets in investment grade U.S More
Sdit Ultra 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 Ultra'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 Ultra Short upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.144 | |||
| Information Ratio | (1.07) | |||
| Maximum Drawdown | 0.648 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.1079 |
Sdit Ultra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sdit Ultra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sdit Ultra's standard deviation. In reality, there are many statistical measures that can use Sdit Ultra historical prices to predict the future Sdit Ultra's volatility.| Risk Adjusted Performance | 0.0716 | |||
| Jensen Alpha | 0.0101 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.74) | |||
| Treynor Ratio | (0.44) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sdit Ultra'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.
Sdit Ultra Short Backtested Returns
At this stage we consider Sdit Mutual Fund to be very steady. Sdit Ultra Short owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Sdit Ultra Short, which you can use to evaluate the volatility of the fund. Please validate Sdit Ultra's Risk Adjusted Performance of 0.0716, downside deviation of 0.144, and Standard Deviation of 0.0993 to confirm if the risk estimate we provide is consistent with the expected return of 0.012%. The entity has a beta of -0.0182, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sdit Ultra are expected to decrease at a much lower rate. During the bear market, Sdit Ultra is likely to outperform the market.
Auto-correlation | -0.43 |
Modest reverse predictability
Sdit Ultra Short has modest reverse predictability. Overlapping area represents the amount of predictability between Sdit Ultra time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd of December 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 Ultra Short price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Sdit Ultra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sdit Ultra Short lagged returns against current returns
Autocorrelation, which is Sdit Ultra 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 Ultra's mutual fund expected returns. We can calculate the autocorrelation of Sdit Ultra returns to help us make a trade decision. For example, suppose you find that Sdit Ultra 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 Ultra 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 Ultra mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sdit Ultra 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 Ultra mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Sdit Ultra Lagged Returns
When evaluating Sdit Ultra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sdit Ultra mutual fund have on its future price. Sdit Ultra 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 Ultra autocorrelation shows the relationship between Sdit Ultra mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Sdit Ultra Short.
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 Ultra 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 Ultra security.
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