Cornerstone Aggressive Fund Market Value
| UCAGX Fund | USD 14.68 0.15 1.03% |
| Symbol | Cornerstone |
Cornerstone Aggressive '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 Cornerstone Aggressive'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 Cornerstone Aggressive.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Cornerstone Aggressive on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Cornerstone Aggressive Fund or generate 0.0% return on investment in Cornerstone Aggressive over 720 days. Cornerstone Aggressive is related to or competes with Us Government, Us Government, Ridgeworth Seix, Blackrock, Davis Government, Us Government, and Short Term. The fund invests in equity securities, bonds, money market instruments, and other instruments including derivatives More
Cornerstone Aggressive 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 Cornerstone Aggressive'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 Cornerstone Aggressive Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.77 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 0.8368 |
Cornerstone Aggressive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cornerstone Aggressive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cornerstone Aggressive's standard deviation. In reality, there are many statistical measures that can use Cornerstone Aggressive historical prices to predict the future Cornerstone Aggressive's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.16) |
Cornerstone Aggressive Backtested Returns
Cornerstone Aggressive secures Sharpe Ratio (or Efficiency) of -0.0556, which signifies that the fund had a -0.0556 % return per unit of risk over the last 3 months. Cornerstone Aggressive Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cornerstone Aggressive's Standard Deviation of 0.9583, mean deviation of 0.5254, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cornerstone Aggressive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cornerstone Aggressive is expected to be smaller as well.
Auto-correlation | -0.03 |
Very weak reverse predictability
Cornerstone Aggressive Fund has very weak reverse predictability. Overlapping area represents the amount of predictability between Cornerstone Aggressive time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cornerstone Aggressive price movement. The serial correlation of -0.03 indicates that only 3.0% of current Cornerstone Aggressive price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Cornerstone Aggressive lagged returns against current returns
Autocorrelation, which is Cornerstone Aggressive 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 Cornerstone Aggressive's mutual fund expected returns. We can calculate the autocorrelation of Cornerstone Aggressive returns to help us make a trade decision. For example, suppose you find that Cornerstone Aggressive 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 |
Cornerstone Aggressive 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 Cornerstone Aggressive mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cornerstone Aggressive mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cornerstone Aggressive mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Cornerstone Aggressive Lagged Returns
When evaluating Cornerstone Aggressive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cornerstone Aggressive mutual fund have on its future price. Cornerstone Aggressive 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, Cornerstone Aggressive autocorrelation shows the relationship between Cornerstone Aggressive mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Cornerstone Aggressive Fund.
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 Cornerstone Mutual Fund
Cornerstone Aggressive financial ratios help investors to determine whether Cornerstone 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 Cornerstone with respect to the benefits of owning Cornerstone Aggressive security.
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