Saat Servative Strategy Fund Market Value
| SMGAX Fund | USD 12.80 0.04 0.31% |
| Symbol | Saat |
Saat Conservative '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 Saat Conservative'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 Saat Conservative.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Saat Conservative on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Saat Servative Strategy or generate 0.0% return on investment in Saat Conservative over 480 days. Saat Conservative is related to or competes with Simt Multi, Saat Market, Simt Real, Simt Small, Siit Screened, Saat Aggressive, and Saat Aggressive. The fund invests in other SEI Funds, each of which has its own investment goal , that form the non-underlying muni bond ... More
Saat Conservative 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 Saat Conservative'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 Saat Servative Strategy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3136 | |||
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 1.36 | |||
| Value At Risk | (0.47) | |||
| Potential Upside | 0.487 |
Saat Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saat Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saat Conservative's standard deviation. In reality, there are many statistical measures that can use Saat Conservative historical prices to predict the future Saat Conservative's volatility.| Risk Adjusted Performance | 0.1576 | |||
| Jensen Alpha | 0.0235 | |||
| Total Risk Alpha | 0.0104 | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | 0.2058 |
Saat Servative Strategy Backtested Returns
At this stage we consider Saat Mutual Fund to be very steady. Saat Servative Strategy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Saat Servative Strategy, which you can use to evaluate the volatility of the fund. Please validate Saat Conservative's Standard Deviation of 0.2962, risk adjusted performance of 0.1576, and Downside Deviation of 0.3136 to confirm if the risk estimate we provide is consistent with the expected return of 0.0555%. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Saat Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Saat Conservative is expected to be smaller as well.
Auto-correlation | 0.81 |
Very good predictability
Saat Servative Strategy has very good predictability. Overlapping area represents the amount of predictability between Saat Conservative time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 Saat Servative Strategy price movement. The serial correlation of 0.81 indicates that around 81.0% of current Saat Conservative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Saat Servative Strategy lagged returns against current returns
Autocorrelation, which is Saat Conservative 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 Saat Conservative's mutual fund expected returns. We can calculate the autocorrelation of Saat Conservative returns to help us make a trade decision. For example, suppose you find that Saat Conservative 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 |
Saat Conservative 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 Saat Conservative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saat Conservative mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saat Conservative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Saat Conservative Lagged Returns
When evaluating Saat Conservative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saat Conservative mutual fund have on its future price. Saat Conservative 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, Saat Conservative autocorrelation shows the relationship between Saat Conservative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Saat Servative Strategy.
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 Saat Mutual Fund
Saat Conservative financial ratios help investors to determine whether Saat 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 Saat with respect to the benefits of owning Saat Conservative security.
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