Spectrum Low Volatility Fund Market Value
| SVARX Fund | USD 24.26 0.03 0.12% |
| Symbol | Spectrum |
Spectrum Low '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 Spectrum Low'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 Spectrum Low.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Spectrum Low on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Spectrum Low Volatility or generate 0.0% return on investment in Spectrum Low over 30 days. Spectrum Low is related to or competes with Ontrack Core, Hundredfold Select, Spectrum Advisors, Hundredfold Select, and Columbia Mortgage. The funds adviser delegates execution of the funds investment strategy to a sub-adviser More
Spectrum Low 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 Spectrum Low'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 Spectrum Low Volatility upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1974 | |||
| Information Ratio | (0.75) | |||
| Maximum Drawdown | 0.9844 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.2481 |
Spectrum Low Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spectrum Low's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spectrum Low's standard deviation. In reality, there are many statistical measures that can use Spectrum Low historical prices to predict the future Spectrum Low's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.61) | |||
| Treynor Ratio | (0.14) |
Spectrum Low Volatility Backtested Returns
At this stage we consider Spectrum Mutual Fund to be very steady. Spectrum Low Volatility owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0283, which indicates the fund had a 0.0283% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Spectrum Low Volatility, which you can use to evaluate the volatility of the fund. Please validate Spectrum Low's Coefficient Of Variation of 3582.57, risk adjusted performance of (0.02), and Semi Deviation of 0.1413 to confirm if the risk estimate we provide is consistent with the expected return of 0.0046%. The entity has a beta of 0.0404, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Spectrum Low's returns are expected to increase less than the market. However, during the bear market, the loss of holding Spectrum Low is expected to be smaller as well.
Auto-correlation | 0.83 |
Very good predictability
Spectrum Low Volatility has very good predictability. Overlapping area represents the amount of predictability between Spectrum Low 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 Spectrum Low Volatility price movement. The serial correlation of 0.83 indicates that around 83.0% of current Spectrum Low price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Spectrum Low Volatility lagged returns against current returns
Autocorrelation, which is Spectrum Low 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 Spectrum Low's mutual fund expected returns. We can calculate the autocorrelation of Spectrum Low returns to help us make a trade decision. For example, suppose you find that Spectrum Low 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 |
Spectrum Low 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 Spectrum Low mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spectrum Low mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spectrum Low mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Spectrum Low Lagged Returns
When evaluating Spectrum Low's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spectrum Low mutual fund have on its future price. Spectrum Low 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, Spectrum Low autocorrelation shows the relationship between Spectrum Low mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Spectrum Low Volatility.
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 Spectrum Mutual Fund
Spectrum Low financial ratios help investors to determine whether Spectrum 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 Spectrum with respect to the benefits of owning Spectrum Low security.
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