Steward Large Cap Fund Market Value
| SJCRX Fund | 31.66 0.09 0.29% |
| Symbol | Steward |
Steward Large '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 Steward Large'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 Steward Large.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Steward Large on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Steward Large Cap or generate 0.0% return on investment in Steward Large over 30 days. Steward Large is related to or competes with Steward Small, Steward Global, Buffalo Large, Steward Select, and Simt Sp. The funds principal investment strategy is to invest in a portfolio of large-cap equity securities, subject to the limit... More
Steward Large 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 Steward Large'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 Steward Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5113 | |||
| Information Ratio | 0.1255 | |||
| Maximum Drawdown | 3.34 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 1.27 |
Steward Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steward Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Steward Large's standard deviation. In reality, there are many statistical measures that can use Steward Large historical prices to predict the future Steward Large's volatility.| Risk Adjusted Performance | 0.1799 | |||
| Jensen Alpha | 0.1059 | |||
| Total Risk Alpha | 0.0898 | |||
| Sortino Ratio | 0.1683 | |||
| Treynor Ratio | 0.2191 |
Steward Large Cap Backtested Returns
At this stage we consider Steward Mutual Fund to be very steady. Steward Large Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the fund had a 0.23% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Steward Large Cap, which you can use to evaluate the volatility of the fund. Please validate Steward Large's Risk Adjusted Performance of 0.1799, semi deviation of 0.0797, and Coefficient Of Variation of 400.18 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. The entity has a beta of 0.74, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Steward Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Steward Large is expected to be smaller as well.
Auto-correlation | -0.69 |
Very good reverse predictability
Steward Large Cap has very good reverse predictability. Overlapping area represents the amount of predictability between Steward Large time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 Steward Large Cap price movement. The serial correlation of -0.69 indicates that around 69.0% of current Steward Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Steward Large Cap lagged returns against current returns
Autocorrelation, which is Steward Large 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 Steward Large's mutual fund expected returns. We can calculate the autocorrelation of Steward Large returns to help us make a trade decision. For example, suppose you find that Steward Large 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 |
Steward Large 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 Steward Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Steward Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Steward Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Steward Large Lagged Returns
When evaluating Steward Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Steward Large mutual fund have on its future price. Steward Large 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, Steward Large autocorrelation shows the relationship between Steward Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Steward Large Cap.
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 Steward Mutual Fund
Steward Large financial ratios help investors to determine whether Steward 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 Steward with respect to the benefits of owning Steward Large security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |