Simt Large Cap Fund Market Value
| SVAYX Fund | USD 28.74 0.25 0.88% |
| Symbol | Simt |
Simt Large '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 Simt Large'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 Simt Large.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Simt Large on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Simt Large Cap or generate 0.0% return on investment in Simt Large over 720 days. Simt Large is related to or competes with Simt Multi, Saat Market, Simt Real, Simt Small, Siit Screened, Saat Aggressive, and Saat Aggressive. Under normal circumstances, the fund will invest at least 80 percent of its net assets in equity securities of large com... More
Simt Large 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 Simt Large'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 Simt Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5612 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 1.09 |
Simt Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simt Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simt Large's standard deviation. In reality, there are many statistical measures that can use Simt Large historical prices to predict the future Simt Large's volatility.| Risk Adjusted Performance | 0.1152 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1142 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Simt Large's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Simt Large Cap Backtested Returns
At this stage we consider Simt Mutual Fund to be very steady. Simt Large Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Simt Large Cap, which you can use to evaluate the volatility of the fund. Please validate Simt Large's Risk Adjusted Performance of 0.1152, coefficient of variation of 663.65, and Semi Deviation of 0.399 to confirm if the risk estimate we provide is consistent with the expected return of 0.0873%. The entity has a beta of 0.89, which indicates possible diversification benefits within a given portfolio. Simt Large returns are very sensitive to returns on the market. As the market goes up or down, Simt Large is expected to follow.
Auto-correlation | -0.37 |
Poor reverse predictability
Simt Large Cap has poor reverse predictability. Overlapping area represents the amount of predictability between Simt Large 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 Simt Large Cap price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Simt Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 1.75 |
Simt Large Cap lagged returns against current returns
Autocorrelation, which is Simt Large 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 Simt Large's mutual fund expected returns. We can calculate the autocorrelation of Simt Large returns to help us make a trade decision. For example, suppose you find that Simt Large 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 |
Simt Large 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 Simt Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simt Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Simt Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Simt Large Lagged Returns
When evaluating Simt Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simt Large mutual fund have on its future price. Simt Large 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, Simt Large autocorrelation shows the relationship between Simt Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Simt Large Cap.
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 Simt Mutual Fund
Simt Large financial ratios help investors to determine whether Simt 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 Simt with respect to the benefits of owning Simt Large security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |