Large Capitalization Growth Fund Market Value
| SLGCX Fund | USD 12.04 0.10 0.84% |
| Symbol | Large |
Large Capitalization '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 Large Capitalization'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 Large Capitalization.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Large Capitalization on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Large Capitalization Growth or generate 0.0% return on investment in Large Capitalization over 30 days. Large Capitalization is related to or competes with Salient Alternative, Aggressive Balanced, Salient Alternative, Moderately Aggressive, Salient Mlp, Moderately Aggressive, and Small Capitalization. The Portfolio will normally invest at least 80 percent of its total assets in a portfolio of equity securities issued by... More
Large Capitalization 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 Large Capitalization'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 Large Capitalization Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | 0.0602 | |||
| Maximum Drawdown | 4.66 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.99 |
Large Capitalization Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Large Capitalization's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Large Capitalization's standard deviation. In reality, there are many statistical measures that can use Large Capitalization historical prices to predict the future Large Capitalization's volatility.| Risk Adjusted Performance | 0.1451 | |||
| Jensen Alpha | 0.0756 | |||
| Total Risk Alpha | 0.022 | |||
| Sortino Ratio | 0.0495 | |||
| Treynor Ratio | 0.2046 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Large Capitalization'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.
Large Capitalization Backtested Returns
Large Capitalization appears to be very steady, given 3 months investment horizon. Large Capitalization has Sharpe Ratio of 0.23, which conveys that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Large Capitalization, which you can use to evaluate the volatility of the fund. Please exercise Large Capitalization's Risk Adjusted Performance of 0.1451, mean deviation of 0.7164, and Downside Deviation of 1.24 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 0.88, which conveys possible diversification benefits within a given portfolio. Large Capitalization returns are very sensitive to returns on the market. As the market goes up or down, Large Capitalization is expected to follow.
Auto-correlation | 0.78 |
Good predictability
Large Capitalization Growth has good predictability. Overlapping area represents the amount of predictability between Large Capitalization time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Large Capitalization price movement. The serial correlation of 0.78 indicates that around 78.0% of current Large Capitalization price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Large Capitalization lagged returns against current returns
Autocorrelation, which is Large Capitalization 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 Large Capitalization's mutual fund expected returns. We can calculate the autocorrelation of Large Capitalization returns to help us make a trade decision. For example, suppose you find that Large Capitalization 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 |
Large Capitalization 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 Large Capitalization mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Large Capitalization mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Large Capitalization mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Large Capitalization Lagged Returns
When evaluating Large Capitalization's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Large Capitalization mutual fund have on its future price. Large Capitalization 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, Large Capitalization autocorrelation shows the relationship between Large Capitalization mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Large Capitalization Growth.
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 Large Mutual Fund
Large Capitalization financial ratios help investors to determine whether Large 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 Large with respect to the benefits of owning Large Capitalization security.
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