Ridgeworth Silvant Large Fund Market Value
| STCZX Fund | USD 15.89 0.17 1.08% |
| Symbol | Ridgeworth |
Ridgeworth Silvant '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 Ridgeworth Silvant'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 Ridgeworth Silvant.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Ridgeworth Silvant on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Ridgeworth Silvant Large or generate 0.0% return on investment in Ridgeworth Silvant over 180 days. Ridgeworth Silvant is related to or competes with T Rowe, Eip Growth, Mid Cap, Praxis Growth, Franklin Growth, L Abbett, and Pace Smallmedium. The fund invests at least 80 percent of its net assets in common stocks and other U.S.-traded equity securities of large... More
Ridgeworth Silvant 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 Ridgeworth Silvant'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 Ridgeworth Silvant Large upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.85 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 1.62 |
Ridgeworth Silvant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ridgeworth Silvant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ridgeworth Silvant's standard deviation. In reality, there are many statistical measures that can use Ridgeworth Silvant historical prices to predict the future Ridgeworth Silvant's volatility.| Risk Adjusted Performance | 0.0729 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0993 |
Ridgeworth Silvant Large Backtested Returns
At this stage we consider Ridgeworth Mutual Fund to be very steady. Ridgeworth Silvant Large maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ridgeworth Silvant Large, which you can use to evaluate the volatility of the fund. Please check Ridgeworth Silvant's Risk Adjusted Performance of 0.0729, semi deviation of 1.08, and Coefficient Of Variation of 1086.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. The fund holds a Beta of 0.85, which implies possible diversification benefits within a given portfolio. Ridgeworth Silvant returns are very sensitive to returns on the market. As the market goes up or down, Ridgeworth Silvant is expected to follow.
Auto-correlation | -0.06 |
Very weak reverse predictability
Ridgeworth Silvant Large has very weak reverse predictability. Overlapping area represents the amount of predictability between Ridgeworth Silvant time series from 31st of May 2024 to 29th of August 2024 and 29th of August 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 Ridgeworth Silvant Large price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Ridgeworth Silvant price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Ridgeworth Silvant Large lagged returns against current returns
Autocorrelation, which is Ridgeworth Silvant 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 Ridgeworth Silvant's mutual fund expected returns. We can calculate the autocorrelation of Ridgeworth Silvant returns to help us make a trade decision. For example, suppose you find that Ridgeworth Silvant 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 |
Ridgeworth Silvant 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 Ridgeworth Silvant mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ridgeworth Silvant mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ridgeworth Silvant mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ridgeworth Silvant Lagged Returns
When evaluating Ridgeworth Silvant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ridgeworth Silvant mutual fund have on its future price. Ridgeworth Silvant 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, Ridgeworth Silvant autocorrelation shows the relationship between Ridgeworth Silvant mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ridgeworth Silvant Large.
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 Ridgeworth Mutual Fund
Ridgeworth Silvant financial ratios help investors to determine whether Ridgeworth 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 Ridgeworth with respect to the benefits of owning Ridgeworth Silvant security.
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