Selected International Fund Market Value
| SLSDX Fund | USD 13.01 0.18 1.40% |
| Symbol | Selected |
Selected International '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 Selected International'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 Selected International.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Selected International on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Selected International Fund or generate 0.0% return on investment in Selected International over 30 days. Selected International is related to or competes with Selected American, Selected International, Hodges Fund, Marsico Global, and Dodge Cox. The fund invests principally in common stocks issued by foreign companies, including countries with developed or emergin... More
Selected International 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 Selected International'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 Selected International Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | 0.0299 | |||
| Maximum Drawdown | 10.78 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 2.86 |
Selected International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Selected International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Selected International's standard deviation. In reality, there are many statistical measures that can use Selected International historical prices to predict the future Selected International's volatility.| Risk Adjusted Performance | 0.0848 | |||
| Jensen Alpha | 0.2084 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0254 | |||
| Treynor Ratio | (0.46) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Selected International'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.
Selected International Backtested Returns
At this stage we consider Selected Mutual Fund to be not too volatile. Selected International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the fund had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Selected International Fund, which you can use to evaluate the volatility of the fund. Please validate Selected International's Semi Deviation of 1.58, risk adjusted performance of 0.0848, and Coefficient Of Variation of 966.42 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. The entity has a beta of -0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Selected International are expected to decrease at a much lower rate. During the bear market, Selected International is likely to outperform the market.
Auto-correlation | -0.3 |
Weak reverse predictability
Selected International Fund has weak reverse predictability. Overlapping area represents the amount of predictability between Selected International time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Selected International price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Selected International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Selected International lagged returns against current returns
Autocorrelation, which is Selected International 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 Selected International's mutual fund expected returns. We can calculate the autocorrelation of Selected International returns to help us make a trade decision. For example, suppose you find that Selected International 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 |
Selected International 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 Selected International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Selected International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Selected International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Selected International Lagged Returns
When evaluating Selected International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Selected International mutual fund have on its future price. Selected International 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, Selected International autocorrelation shows the relationship between Selected International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Selected International Fund.
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 Selected Mutual Fund
Selected International financial ratios help investors to determine whether Selected 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 Selected with respect to the benefits of owning Selected International security.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |