Stone Harbor Emerging Fund Market Value
| SHCDX Fund | USD 8.02 0.01 0.12% |
| Symbol | Stone |
Stone Harbor '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 Stone Harbor'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 Stone Harbor.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Stone Harbor on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Stone Harbor Emerging or generate 0.0% return on investment in Stone Harbor over 180 days. Stone Harbor is related to or competes with Ab Impact, Maryland Tax-free, Bbh Intermediate, Artisan High, Dreyfus/standish, and Limited Term. The fund normally will invest at least 80 percent of its net assets in Emerging Markets Corporate Debt Investments More
Stone Harbor 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 Stone Harbor'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 Stone Harbor Emerging upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2262 | |||
| Information Ratio | (0.90) | |||
| Maximum Drawdown | 0.9969 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.1252 |
Stone Harbor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stone Harbor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stone Harbor's standard deviation. In reality, there are many statistical measures that can use Stone Harbor historical prices to predict the future Stone Harbor's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.58) | |||
| Treynor Ratio | 0.3242 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stone Harbor'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.
Stone Harbor Emerging Backtested Returns
At this stage we consider Stone Mutual Fund to be very steady. Stone Harbor Emerging owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0404, which indicates the fund had a 0.0404% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Stone Harbor Emerging, which you can use to evaluate the volatility of the fund. Please validate Stone Harbor's Semi Deviation of 0.1185, risk adjusted performance of (0.01), and Coefficient Of Variation of 2543.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.006%. The entity has a beta of -0.013, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Stone Harbor are expected to decrease at a much lower rate. During the bear market, Stone Harbor is likely to outperform the market.
Auto-correlation | -0.28 |
Weak reverse predictability
Stone Harbor Emerging has weak reverse predictability. Overlapping area represents the amount of predictability between Stone Harbor time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Stone Harbor Emerging price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Stone Harbor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Stone Harbor Emerging lagged returns against current returns
Autocorrelation, which is Stone Harbor 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 Stone Harbor's mutual fund expected returns. We can calculate the autocorrelation of Stone Harbor returns to help us make a trade decision. For example, suppose you find that Stone Harbor 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 |
Stone Harbor 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 Stone Harbor mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stone Harbor mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stone Harbor mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Stone Harbor Lagged Returns
When evaluating Stone Harbor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stone Harbor mutual fund have on its future price. Stone Harbor 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, Stone Harbor autocorrelation shows the relationship between Stone Harbor mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Stone Harbor Emerging.
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 Stone Mutual Fund
Stone Harbor financial ratios help investors to determine whether Stone 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 Stone with respect to the benefits of owning Stone Harbor security.
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