Saat Defensive Strategy Fund Market Value
| STDAX Fund | USD 11.22 0.01 0.09% |
| Symbol | Saat |
Saat Defensive '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 Defensive'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 Defensive.
| 05/28/2024 |
| 11/24/2024 |
If you would invest 0.00 in Saat Defensive on May 28, 2024 and sell it all today you would earn a total of 0.00 from holding Saat Defensive Strategy or generate 0.0% return on investment in Saat Defensive over 180 days. Saat Defensive is related to or competes with Franklin Real, Prudential Real, Simt Real, Virtus Real, and Dunham Real. The fund invests in other SEI Funds, each of which has its own investment goal , that form the non-underlying muni bond ... More
Saat Defensive 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 Defensive'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 Defensive Strategy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (2.51) | |||
| Maximum Drawdown | 0.18 | |||
| Potential Upside | 0.0901 |
Saat Defensive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saat Defensive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saat Defensive's standard deviation. In reality, there are many statistical measures that can use Saat Defensive historical prices to predict the future Saat Defensive's volatility.| Risk Adjusted Performance | 0.1916 | |||
| Jensen Alpha | 0.0081 | |||
| Total Risk Alpha | 0.0035 | |||
| Treynor Ratio | 0.5564 |
Saat Defensive Strategy Backtested Returns
At this stage we consider Saat Mutual Fund to be very steady. Saat Defensive Strategy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.45, which indicates the fund had a 0.45% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Saat Defensive Strategy, which you can use to evaluate the volatility of the fund. Please validate Saat Defensive's Coefficient Of Variation of 215.34, variance of 0.0019, and Risk Adjusted Performance of 0.1916 to confirm if the risk estimate we provide is consistent with the expected return of 0.0193%. The entity has a beta of 0.0187, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Saat Defensive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Saat Defensive is expected to be smaller as well.
Auto-correlation | 0.97 |
Excellent predictability
Saat Defensive Strategy has excellent predictability. Overlapping area represents the amount of predictability between Saat Defensive time series from 28th of May 2024 to 26th of August 2024 and 26th of August 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 Defensive Strategy price movement. The serial correlation of 0.97 indicates that 97.0% of current Saat Defensive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.97 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Saat Defensive Strategy lagged returns against current returns
Autocorrelation, which is Saat Defensive 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 Defensive's mutual fund expected returns. We can calculate the autocorrelation of Saat Defensive returns to help us make a trade decision. For example, suppose you find that Saat Defensive 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 Defensive 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 Defensive mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saat Defensive 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 Defensive mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Saat Defensive Lagged Returns
When evaluating Saat Defensive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saat Defensive mutual fund have on its future price. Saat Defensive 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 Defensive autocorrelation shows the relationship between Saat Defensive mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Saat Defensive 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 Defensive 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 Defensive security.
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