State Farm Balanced Fund Market Value
| STFBX Fund | USD 97.37 0.34 0.35% |
| Symbol | State |
State Farm '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 State Farm'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 State Farm.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in State Farm on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding State Farm Balanced or generate 0.0% return on investment in State Farm over 720 days. State Farm is related to or competes with Tiaa Cref, Massmutual Premier, Blackrock Conservative, and Delaware Limited. The fund invests approximately 65 percent of its total assets in common stocks, and ordinarily limits its common stock i... More
State Farm 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 State Farm'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 State Farm Balanced upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4909 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 2.37 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.6747 |
State Farm Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for State Farm's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as State Farm's standard deviation. In reality, there are many statistical measures that can use State Farm historical prices to predict the future State Farm's volatility.| Risk Adjusted Performance | 0.0875 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.0926 |
State Farm Balanced Backtested Returns
At this stage we consider State Mutual Fund to be very steady. State Farm Balanced owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0982, which indicates the fund had a 0.0982% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for State Farm Balanced, which you can use to evaluate the volatility of the fund. Please validate State Farm's Semi Deviation of 0.3482, risk adjusted performance of 0.0875, and Coefficient Of Variation of 824.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.0479%. The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, State Farm's returns are expected to increase less than the market. However, during the bear market, the loss of holding State Farm is expected to be smaller as well.
Auto-correlation | 0.77 |
Good predictability
State Farm Balanced has good predictability. Overlapping area represents the amount of predictability between State Farm time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 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 State Farm Balanced price movement. The serial correlation of 0.77 indicates that around 77.0% of current State Farm price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 22.85 |
State Farm Balanced lagged returns against current returns
Autocorrelation, which is State Farm 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 State Farm's mutual fund expected returns. We can calculate the autocorrelation of State Farm returns to help us make a trade decision. For example, suppose you find that State Farm 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 |
State Farm 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 State Farm mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if State Farm mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in State Farm mutual fund over time.
Current vs Lagged Prices |
| Timeline |
State Farm Lagged Returns
When evaluating State Farm's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of State Farm mutual fund have on its future price. State Farm 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, State Farm autocorrelation shows the relationship between State Farm mutual fund current value and its past values and can show if there is a momentum factor associated with investing in State Farm Balanced.
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 State Mutual Fund
State Farm financial ratios help investors to determine whether State 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 State with respect to the benefits of owning State Farm security.
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